NTPC Tamil Nadu Energy Company Limited pays Second Interim Dividend for FY 2021-22 to NTPC Ltd.

 

Mumbai : NTPC Tamil Nadu Energy Company Limited (NTECL), a Joint venture(JV) Company of NTPC Limited & TANGEDCO (50:50) paid 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 partner 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.