Team News Riveting
Mumbai, December 30
NTPC SAIL Power Company Limited (NSPCL), a joint venture (JV) Company of NTPC Limited and SAIL (50:50) paid second interim dividend of Rs 45 crore (net of TDS) for the Financial year 2021-22 towards NTPC Limited’s 50 per cent share.
Debasish Chattopadhyay, CEO, NSPCL had presented the Cheque to Gurdeep Singh, Chairman and Managing Director, NTPC on 29th December 2021. A K Gautam, Director (Finance), D K Patel, Chairman NSPCL & Director (HR), NTPC, Ramesh Babu V, Director (Operations), NTPC, C K Mondol, Director (Commercial), NTPC, U K Bhattacharya, Director (Projects), NTPC, Ms. Alka Saigal, Director (NSPCL) & General Manager (Internal Audit), NTPC, Ms. Nandini Sarkar, Company Secretary, NTPC and N K Gupta, CFO, NSPCL were also present on the occasion.
The Interim dividend is also being paid to other Joint Venture partner viz. SAIL on its shareholding of 50 per cent in NSPCL. The total interim dividend paid to its promoters for the Financial Year 2021-22 is Rs 150 crore. NSPCL has paid a total dividend of Rs 1540 crores since inception.
