NHPC, a premier hydro power Company and a ‘Mini Ratna’ Category-I Enterprise of the Government of India has paid a final dividend of Rs 356.34 Crore to Government of India for the F.Y. 2021-22 on September 19, 2022. The dividend payout bank advice was presented to R.K. Singh, Union Minister of Power, New and Renewable Energy by YK Chaubey, CMD, NHPC on the October 21, 2022 in the presence of  Alok Kumar, Secretary (Power), Government of India and RP Goyal, Director (Finance) and SN Upadhyay, Executive Director (Finance) from NHPC.

In addition, an interim dividend of Rs 933.61 Crore for the F.Y. 2021-22 was paid on March 04, 2022 aggregating total dividend of Rs. 1289.95 Crore for the F.Y. 2021-22.

The Board of Directors of the Company in its meeting held on 25th May, 2022 had recommended a final dividend at the rate of         Rs. 0.50 per Equity share i.e. 5.00% of the face value for the F.Y. 2021-22 which was approved in AGM on 25th August 2022. In addition, an interim dividend at the rate of Rs 1.31 per Equity share i.e. 13.10% of the face value was paid on March 04, 2022. Thus, total dividend of Rs 1.81/- per Equity share i.e. 18.10% of the face value has been paid for the F.Y. 2021-22. 

NHPC today has more than eight lakh shareholders and total dividend pay-out for the F.Y. 2021-22 including interim dividend worked out to Rs.1818.15 crore as against Rs. 1607.21 Crore for F.Y. 2020-21.

In terms of Department of Investment & Public Asset Management (DIPAM) Guidelines dated May 27, 2016 on Capital Restructuring of CPSEs, each CPSU is required to pay a minimum annual dividend at the rate of 30% of PAT or 5% of Net worth, whichever is higher. In line with the ibid guidelines, NHPC has paid total dividend of Rs. 1818.15 crore which works out to 5.43% of net worth of the Company and 51.39% of PAT for the F.Y. 2021-22. NHPC had earned net profit of Rs 3537.71 crore for the F.Y. 2021-22 as against the previous period corresponding figure of Rs 3245.06 crore.