National News

NTPC gets Rs 84.68 crore as an interim dividend from NTECL

NTPC Tamil Nadu Energy Company Limited (NTECL), a JV Company of NTPC Limited & TANGEDCO (50:50) paid an interim dividend of Rs 84.68 crore for the year 2021-22 towards NTPC's 50 percent share

Equity Watch Bureau

New Delhi: NTPC Tamil Nadu Energy Company Limited (NTECL), a JV company of NTPC Limited & TANGEDCO (50:50) paid an interim dividend of Rs 84,67,55,507/- for the year 2021-22 towards NTPC's 50 percent share.

NTECL's Chairman and Director (Operations) Ramesh Babu V had presented the cheque to NTPC Limited's Chairman & Managing Director (CMD) Gurdeep Singh.

NTPC's Director (Finance) AK Gautam, NTPC Director (HR) Dillip Kumar Patel, NTPC Director (Commercial) CK Mondol, Director (Projects) UK Bhattacharya, NTECL's CEO Kedar Ranjan Pandu, NTECL CFO Rajiv Srivastava, NTPC's Company Secretary Nandni Sarkar and NTECL's Company Secretary Amit Garg 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 percent in NTECL.

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