Mumbai, India: NTPC Tamil Nadu Energy Company Limited (NTECL), a Joint venture (JV) Company of NTPC Limited & TANGEDCO (50:50) paid a Second interim dividend of Rs 135,09,30,543/- (net of TDS) for the Financial year 2021-22 towards NTPC’s Limited 50% share.
Shri Ramesh Babu V., Chairman, NTECL & Director (Operations), NTPC had presented the Cheque to Shri Gurdeep Singh, Chairman & Managing Director, NTPC on 28th December 2021.
Shri C K Mondol, Director (Commercial), Shri U K Bhattacharya, Director (Projects), Shri Kedar Ranjan Pandu, CEO NTECL, Ms. Nandni Sarkar, Company Secretary, NTPC, and Shri Amit Garg, Company Secretary, NTECL were also present on the occasion.
The Interim dividend is also been paid to other Joint Venture partners viz. TANGEDCO on its shareholding of 50% 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.