NHPC pays Rs 527 crore dividend to govt
New Delhi: State-run hydro power giant NHPCNSE 5.23 % Wednesday paid an interim dividend of Rs 526.53 crore to the central government for 2018-19.
The dividend payout bank advice was presented to Power Minister R K Singh by NHPC Chairman and Managing Director Balraj Joshi on Wednesday, a company statement said.
The board of directors of the company in its 422nd meeting held on February 8 had declared an interim dividend at the rate of Rs 0.71 per equity share i.e. 7.10 per cent of the face value.
