Business Standard

NTPC pays total dividend of Rs 2,762 crore to government

Company has paid a total dividend of Rs 1,995.28 crore to the Government of India for the financial year 2015-16

NTPC Photo: Wikipedia

NTPC Photo: Wikipedia

BS Reporter New Delhi

Country's largest power generating company, NTPC Limited paid a total dividend amounting to Rs 2,762.23 crore at the rate of 33.5 per cent of its paid-up capital for the financial year 2015-16, The dividend payment is 4th highest among Public Sector Undertakings, said the company in a public statement.

The Company had paid interim dividend at the rate of 16.0% amounting to Rs 1,319.27 crore on February 15, 2016. The Company has paid the final dividend at the rate of 17.5% amounting to Rs 1,442.96 crore on September 30, 2016. NTPC Ltd has paid a total dividend of Rs 1,995.28 crore to the Government of India for the financial year 2015-16.

 

This is the 23rd consecutive year that NTPC Ltd has paid dividend.

 

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Oct 03 2016 | 4:48 PM IST

Explore News