DVC receives Rs 40 crore interim dividend from BPSCL for FY26 
News Updates

DVC receives Rs 40 crore interim dividend from BPSCL for FY26

DVC has received an interim dividend of Rs 40 crore from BPSCL for the financial year 2025–26

PSU Watch Bureau

New Delhi: Damodar Valley Corporation (DVC) has received an interim dividend of Rs 40 crore from Bokaro Power Supply Company Limited (BPSCL) for the financial year 2025–26. The cheque was handed over at DVC Towers on Tuesday.

PSU Watch is now on Whatsapp Channels. Click here to join

The interim dividend cheque was presented by BPSCL CEO Sudhir Kumar Vyas, along with CFO Pankaj Kumar Maji and Head (HR) Niraj Sinha, and received by DVC Executive Director (Finance) Sadananda Mukherjee in the presence of DVC Member (Finance) Arup Sarkar.

BPSCL is a joint venture between DVC and Steel Authority of India Limited (SAIL), with equal equity participation. The dividend reflects BPSCL’s stable financial performance and underlines the strength of the DVC–SAIL partnership, while contributing to DVC’s overall financial position and supporting reliable power supply operations in the region.

(PSU Watch– India's Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy is now on Google News. Click here to follow. Also, join PSU Watch Channel in your Telegram. You may also follow us on Twitter here and stay updated.)

Air India operating 2 relief flights to Jeddah, Dubai amid Middle East crisis

Middle East conflict: 80 international flights cancelled at Delhi airport

Power Ministry extends deadline for Draft National Electricity Policy 2026 feedback till Mar 19

Power Ministry to set up selection panel to look for NTPC Chief

AAI seeks info on fuel stocks from international airport operators amid Middle East crisis