NHDC gives interim dividend to MP Govt

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NHDC ltd, a Joint Venture Company of NHPC ltd and Madhya Pradesh Government, on Saturday, gave an Interim Dividend of Rs 331.26 crore to Madhya Pradesh Government for the Financial year 2013-14.

The dividend cheque was presented to Chief Minister Shivraj Singh Chouhan by KM Singh, Chief Executive Director. D Chakraborty GM (Finance) and Sanjay Sarbhoy, GM (HR) of NHDC were also present on this occasion. last year NHDC ltd has paid Dividend of Rs 28.80 crore for the Financial Year 2012-13.

NHDC ltd has already exceeded the MoU generation target of 3,552 Million Units of electricity by generating 5,016.94 million units till the end of January, 2014 and hope to set a new record of highest generation of electricity by end of the current Financial Year. NHDC ltd has been accredited with ‘Excellent’ rating by Department of Public Enterprises, Government of India for the fourth consecutive year. 

Daily Pioneer
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