NTPC limited, public sector power major, paid a total dividend at the rate of 33.5% of its paid-up capital for the financial year 2015-16, amounting to Rs 2762.23 crore. The dividend payment is 4th highest among Public Sector Undertakings.
The Company had paid interim dividend at the rate of 16 percent amounting to Rs 1319.27 crore on February 15, 2016. The Company has paid the final dividend at the rate of 17.5 percent amounting to Rs 1442.96 crore on September 30, 2016.
The RTGS advice for the transfer of Rs 1,006.38 crore to Government of India, being the share of Government of India in the final dividend, was presented on Monday by Gurdeep Singh, CMD, NTPC, to Piyush Goyal, Minister of State (Independent Charge) for Power, Coal, New and Renewable Energy and Mines in the presence of Pradeep Kumar Pujari Secretary, MOP. K. Biswal, Director (Finance), NTPC, A. K. Jha, Director (Technical), NTPC, U. P. Pani, Director (Human Resources), NTPC and S.C. Pandey, Director (Projects), NTPC were also present on this occasion.
NTPC ltd. has paid a total dividend of Rs 1995.28 crore to the Government of India for the financial year 2015-16.
This is the 23rd consecutive year that NTPC ltd. has paid dividend. NTPC pays Total Dividend of Rs 2762.23 crore for FY 2015-16