NTPC pays Total Dividend of Rs. 3,941 crore for FY 2016-17
29th Sep, 2017
NTPC Limited paid a total dividend @ 47.8% of its paid-up capital for the financial year 2016-17, amounting to Rs. 3,941 crore.
The Company had paid interim dividend @26.1% amounting to Rs. 2,152 crore on February 22, 2017. The Company has paid the final dividend @21.7% amounting to Rs. 1,789 crore on September 29, 2017.
The RTGS advice for the transfer of Rs. 1,129 crore to Government of India, being the share of Government of India in the final dividend, was presented by Shri Gurdeep Singh, CMD, NTPC, to Shri R.K.Singh, Hon’ble Minister of State (Independent Charge) for Power and New & Renewable Energy in the presence of Shri K. Biswal, Director (Finance), Shri K.K.Sharma, Director (Operations), Shri Saptarshi Roy, Director (Human Resources) and Shri A. K. Gupta, Director (Commercial) from NTPC Ltd.
NTPC Ltd. has paid a total dividend of Rs. 2,630 crore to the Government of India for the financial year 2016-17.
This is the 24th consecutive year that NTPC Ltd. has paid dividend.
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