NTPC pays interim dividend of Rs 4,121.08 crore for FY'23

NTPC has paid interim dividend of Rs 4,121.08 crore today for the financial year 2022-23. The dividend paid is 42.50 percent of the paid-up equity share capital of the company
Privatisation is not the only solution to discoms woes: NTPC CMD
Privatisation is not the only solution to discoms woes: NTPC CMD

New Delhi: NTPC Limited paid interim dividend of Rs 4,121.08 crore today for the financial year 2022-23. The dividend paid is 42.50 percent of the paid-up equity share capital of the company.

This is the 30th consecutive year that NTPC has paid dividend.

The company has recently been ranked No. 1 Independent Power Producer and Energy Trader Globally in The S&P Global Commodity Insights Top 250 Global Energy Company Rankings®️-2022.

NTPC is not just India’s largest power producer; it is one of the key pillars sustaining India’s economic growth and development. With a share of 17 percent of the installed capacity, NTPC currently contributes 24 percent of the total electricity produced in India.

NTPC’s goal has always been to deliver power that is economical, efficient, and ecologically sustainable. To meet this objective, it offers a diversified energy mix comprising gas, wind, solar, hydro, floating solar and coal.

By 2032, NTPC is targeting non-fossil fuel-based capacity to make up nearly 50 percent of the company’s portfolio, which includes renewable energy capacity of 60 GW and total portfolio of 130 GW.

In terms of scale, efficiency, and energy generation from cleaner and greener sources, the company leads the India’s energy transition. It has teamed with NITI Aayog for the Net Energy Zero effort.

(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.)

logo
PSU Watch
psuwatch.com