RKS Gahlowt, CEO, Utility Powertech limited (UPl) presented an interim dividend cheque of Rs2,50,00,000 for the year 2015-16, as NTPC share to AK Jha, chairman and managing director, NTPC. UP Pani, director (HR), Kulamani Biswal, director (Finance), D Chakrabarty, ED (HR), AK Rastogi (company secretary), Gitika Shiv, GM (HR-S) and K Sreekant, GM (Finance) from NTPC and senior officials of UPl were also present on the occasion.
An interim dividend of Rs2,50,00,000 each that is 125 per cent of the paid up share capital of the company has been paid by UPl to both the promoter companies for the year 2015-16.
UPl is a joint venture of NTPC limited and Reliance Infrastructure limited engaged in providing O&M support services.