NTPC receives Rs 135 cr interim dividend from JV firm
State-owned NTPC Limited on Wednesday said it has received around Rs 135 crore as interim dividend from a joint venture company.
In a statement, the power giant said this is the second interim dividend paid by NTPC Tamil Nadu Energy Company Limited (NTECL) in the current fiscal.
“NTECL, a 50:50 JV of NTPC and TANGEDCO, has 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 per cent share,” it said.
In this regard, Ramesh Babu V, Chairman, NTECL, presented the cheque to the senior management of NTPC on December 28, 2021.
