NSPCL pays dividend to NTPC
20th Oct, 2015
NTPC-SAIL Power Company Pvt. Ltd (NSPCL), a 50:50 joint venture of two Maharatna companies, NTPC Limited and Steel Authority of India Limited (SAIL), paid total dividend of Rs.100 crore for the year 2014-15 which is 10.20% of equity share capital. On behalf of NTPC, Shri A. K. Jha, CMD NTPC, Shri S. C. Pandey, Director (Proj.), Shri K. K. Sharma, Director (Opn.) & Chairman NSPCL and Shri Sudhir Arya, ED (Fin.) & Director NSPCL, received a cheque of Rs. 10 Crores of final dividend from Shri Manash Sarkar, CEO, NSPCL, along with Shri S. V. Shahi, CFO, NSPCL, at NTPC Corporate Office.
NSPCL has been consistently paying dividend to its promoter companies ever since its inception in March, 2001.
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