NTPC pays Rs. 2,061.37 cr dividend for FY 2014-15

GN Bureau | October 5, 2015


#NTPC   #NTPC Limited   #Piyush Goyal   #PSU  

In a dividend payment that is fifth highest among all the public sector undertakings, NTPC Limited has paid a total dividend of Rs. 2,061.37 crore for the financial year 2014-15. This amounts to 25% of its paid-up capital. This is the 22st consecutive year that NTPC Ltd. has paid dividend.

The company had paid interim dividend of Rs. 618.41 crore on February 13, 2015. Today, the Company has paid the final dividend of Rs. 1,442.96 crore.

The RTGS advice for the transfer of Rs. 1081.61 crore to government of India, being the share of the government in the final dividend, was presented by A K Jha, chairman and managing director of NTPC to i Piyush Goyal, minister of state (independent charge) for power, coal and renewable energy.

Others present during the ceremony were Pradeep Kumar, joint secretary & financial advisor in the ministry, K Biswal, director (finance), NTPC, UP Pani, director (human resources), NTPC, SC Pandey, director (projects), NTPC and  KK Sharma, director (operations), NTPC.

NTPC Ltd. has paid a total dividend of Rs. 1545.15 crore to the government for the financial year 2014-15.

Comments

 

Other News

India’s freedom struggle was shaped by wider Asian political thought

As we mark 80th anniversary of independence, ‘Asianism and the Fall of Empire’ (HarperCollins India) by historian Mithi Mukherjee offers a new perspective on Ind

What is colonialism? A relook at modern history

The Chromatic World Order: The Fiction That Rules Our World  By Sajid Mohamed Aakar Books  

Monsoon session of parliament adjourns sine die

The Monsoon Session, 2026 of Parliament which commenced on July 20 was adjourned sine die on Thursday. The session provided 19 sittings spread over a period of 25 days.   During the session 11 Bills were introduced in Lok Sabha and 2 Bills were introduced in Rajya Sabha. 12 B

Consumer Justice at a Crossroads

Over the past four decades, India`s consumer protection landscape has undergone a remarkable transformation. What began with the Consumer Protection Act, 1986 as a simple mechanism to empower ordinary citizens has evolved into a comprehensive framework capable of addressing challenges ranging from mislea

Doctors, experts call for ban on junk food ads, mandate warning labels

More than 30 doctors, medical scientists and public health professionals have urged the government to take decisive action against the aggressive advertising and marketing of junk food, calling for a watershed ban on advertisements for foods high in fat, sugar and salt (HFSS) and ultra-processed foods (UPF

Asiatic Lion population rises from 523 in 2015 to 891 in 2025

On World Lion Day 2026, environment, forest and climate change Minister  Bhupender Yadav celebrated India’s remarkable journey in lion conservation and reaffirmed the country’s unwavering commitment to protecting wildlife and biodiversity.   In a post on soc

Upcoming Conferences



-->

Archives

Current Issue

Opinion

Facebook Twitter Google Plus Linkedin Subscribe Newsletter

Twitter