National News

NTPC pays interim dividend of Rs 3,878.67 crore for FY 2021-22

PSU Watch Bureau

New Delhi: India's largest integrated power company, NTPC Limited has paid an interim dividend of Rs 3,878.67 crore for the financial year 2021-22. The dividend paid is 40 percent of the paid-up equity share capital of the company. The Board of Directors of NTPC Limited in its board meeting held on January 29, had declared an interim dividend of Rs 4 per equity share after registering a rise of nearly 19.34 percent year-on-year (y-o-y) in consolidated net profit in Q3 of FY'22 at Rs 4,626.11 crore.

For the nine-month period ending December 31, 2021, NTPC has recorded a rise of 13 percent in standalone net profit and 14 percent in consolidated net profit y-o-y.

This is the 29th consecutive year that NTPC has paid dividends.

The total installed capacity of the company is 67,832.30 MW having 23 coal-based, 7 gas-based, 1 hydro, 19 renewable energy projects. Under the joint venture, NTPC has 9 coal-based, 4 gas-based, 8 hydro and 5 renewable energy projects.

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