Coal news and updates

NTPC pays interim dividend of Rs 3,298.19 crore

February 12: NTPC Limited, India’s largest power utility, has paid the highest-ever interim dividend of Rs 3,298.19 crore, which is 40% of the paid-up equity share capital of the company for financial year 2013-14, as against a dividend of Rs 3,092.06 crore paid in the last financial year, the company said in a statement.

As a share of the Government of India (GoI), the RTGS advice for the transfer of Rs 2,473.64 crore to GoI’s designated bank account, was presented by Arup Roy Choudhury, CMD, NTPC to Jyotiraditya Madhavrao Scindia, Union Minister of State for Power (Independent Charge) in the presence of Pradeep Kumar Sinha, Secretary (Power), Mukesh Jain, Joint Secretary (Power), K. Biswal, Director (Finance), NTPC, I. J. Kapoor, Director (Commercial),  NTPC, A. K. Jha, Director (Technical), NTPC and U. P. Pani, Director (Human Resources), NTPC in New Delhi, recently.