NTPC gets second Interim dividend from JV for FY 2021-22

Team News Riveting

Mumbai, December 29

NTPC Tamil Nadu Energy Company Limited (NTECL), a Joint venture(JV) Company of NTPC Limited and TANGEDCO (50:50) paid Second interim dividend of Rs 135,09,30,543/- (net of TDS) for the Financial year 2021-22 towards NTPC’s Limited 50 per cent share.

Ramesh Babu V., Chairman, NTECL & Director (Operations), NTPC had presented the Cheque to Gurdeep Singh, Chairman & Managing Director, NTPC on 28th December 2021.

C K Mondol, Director (Commercial) , U K Bhattacharya, Director (Projects), Kedar Ranjan Pandu, CEO NTECL, Ms. Nandni Sarkar, Company Secretary, NTPC and Amit Garg, Company Secretary, NTECL were also present on the occasion .

The Interim dividend is also been paid to other Joint Venture partner viz. TANGEDCO on its shareholding of 50 per cent in NTECL.

The total interim dividend paid to its promoters for the Financial Year 2021-22 is Rs 488 crore which is the highest ever interim dividend paid by NTECL since inception.

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