NTPC pays Rs 2,952-crore interim dividend to govt

New Delhi: NTPC Ltd, the country’s largest electricity generator, on Friday said it has paid an interim dividend of Rs 2,951.88 crore for the financial year ending March 31, 2019 The dividend is 35.8% of the paid-up equity share capital of the company, the company said in statement. The Government of India, which owns 58.93% stake in NTPC, received Rs 1,739.61 crore as its share in the interim dividend. “The RTGS advice for the transfer of Rs 1,739.61 crore to the Government of India was presented to Power Minister RK Singh by NPTC chairman and managing director Gurdeep Singh,” it said. This is the 26th consecutive year that NTPC has paid a dividend. PTI