Utility Powertech Limited Pays Dividend to NTPC

Shri R.K.S. Gahlowt, CEO, Utility Powertech Limited (UPL) presented dividend cheque of Rs. 2,50,00,000 for the year 2016-17, as NTPC share to Shri Gurdeep Singh, Chairman & Managing Director, NTPC Limited. Shri Kulamani Biswal, Director (Finance), Shri K.K. Sharma, Director (Operations), Shri Saptarshi Roy, Director (HR), Shri K.P. Gupta, ED (Law) & Company Secretary, Shri A.N. Verma, ED (HR), Shri R.K. Samantaray, GM (Finance), Ms. Nandini Sarkar, GM (Company Secretariat) from NTPC and senior officials of UPL were also present on the occasion.

UPL has paid a total dividend of Rs. 5,00,00,000 to its Promoter Companies i.e. Rs. 2,50,00,000 each to NTPC Limited and Reliance Infrastructure Limited for the year 2016-17.

UPL is a Joint Venture of NTPC Limited and Reliance Infrastructure Limited engaged in providing O&M support services.