NTECL pays Rs 100 cr dividend to National Thermal Power Corporation

Ramesh Babu V, Chairman, NTECL & Director (Operations), NTPC, presented the cheque to Gurdeep Singh, Chairman & Managing Director, NTPC.

PTIUpdated: Thursday, December 29, 2022, 10:06 PM IST
article-image

NTPC Tamil Nadu Energy Company Limited (NTECL) has paid an interim dividend of over Rs 100.11 crore to NTPC for 2022-23.

NTPC Tamil Nadu Energy Company Limited is a 50:50 joint venture of NTPC Limited and Tamil Nadu Generation and Distribution Corporation (TANGEDCO).

''NTECL paid second interim dividend of Rs 100,11,68,090 for the year 2022-23 towards NTPC's 50 per cent share,'' NTPC said in a statement on Thursday.

Ramesh Babu V, Chairman, NTECL & Director (Operations), NTPC, presented the cheque to Gurdeep Singh, Chairman & Managing Director, NTPC.

Jaikumar Srinivasan, Director (Finance), NTPC, and Sandeep Aggarwal, ED (Finance) & Director, NTECL, were also present on the occasion.

(If you have a story in and around Mumbai, you have our ears, be a citizen journalist and send us your story here. )

(To receive our E-paper on WhatsApp daily, please click here.  To receive it on Telegram, please click here. We permit sharing of the paper's PDF on WhatsApp and other social media platforms.)

RECENT STORIES

Indian traders accuse Samsung of anti-competitive practices, write to CCI

Indian traders accuse Samsung of anti-competitive practices, write to CCI

India's CAG calls AI game changer for public audit

India's CAG calls AI game changer for public audit

Tata, MG dragged back as EV sales drop by 10% in India

Tata, MG dragged back as EV sales drop by 10% in India

GVK Vice Chairman denies Rahul Gandhi's claims about pressure to sell Mumbai airport to Adani

GVK Vice Chairman denies Rahul Gandhi's claims about pressure to sell Mumbai airport to Adani

Axis Bank allots 2,80,256 shares as stock options for employees

Axis Bank allots 2,80,256 shares as stock options for employees