The THDC India limited (THDCIl) paid interim dividend of Rs 104.98 crore to the Government of India and Rs 36.91 Crore to the Government of Uttar Pradesh on account of its financial performance during the financial year 2016-17.
The chairman cum managing director of THDCIl, DV Singh, handed over the pay order of Rs 104.98 crore the Union Minister of State for Power, Coal, NRE and Mines, Piyush Goyal at the Ministry of Power, Delhi.
The secretary (Power) PK Pujari, joint secretary Archana Agarwal and THDCIl director (Finance) Shidhar Patra were also present on this occasion along with other senior officials of the ministry of power and THDCIl.
Apart from the above mentioned, DV Singh also handed over the interim dividend of Rs 36.91 crore to the Uttar Pradesh State Government Principal Secretary (Energy) and chairman of Uttar Pradesh Power Corporation limited, Sanjay Agrawal at lucknow. Thye THDCIl director (Finance) Sridhar Patra was also present on this occasion along with other senior officials of the UP State Government. It will be recalled here that the THDCIl is a joint venture of the Government of India and the Government of Uttar Pradesh with the equity being shared in a ratio of 75:25 between GoI and UP Government.
THDCIl is one of the premier hydro power generators in the country with installed capacity of 1450 MW with commissioning of Tehri Dam & HPP (1000MW), Koteshwar HEP (400MW) and 50MW Wind Power Project at Patan Gujarat to its credit and is bestowed with ‘Mini Ratna’ Category –I & Schedule ‘A’ Status. Total Generation of 4460MU is expected in 2016-17 upto 31.03.2017.