PowerGrid declares total dividend of Rs 4,357.92 cr for 2018-19
State-owned utility Power Grid Corporation on Thursday announced final dividend of Rs 1,307.90 crore in addition to Rs 3,050.02 crore interim dividend for 2018-19, taking the total payout to Rs 4,357.92 crore.
An RTGS (real time gross settlement) advice of Rs 698.81 crore towards final dividend (of government’s share) for 2018-19 was handed over by Power Grid CMD K Sreekant to Power Minister R K Singh on Thursday, a company statement said. Power Secretary Subhash Chandra Garg was also present at the event.
In addition to this, an interim dividend of Rs 1,629.62 crore (government’s share) was earlier paid to the Ministry of Power for 2018-19, the company added.
