NTECL pays second dividend of Rs 100.11 cr to NTPC

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

PTIUpdated: Thursday, December 29, 2022, 08:16 PM IST
article-image
NTECL pays second dividend of Rs 100.11 cr to NTPC | Image credit: NTPC (Representative)

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

Union Budget 2023 LIVE UPDATES: Cabinet meeting chaired by PM Narendra Modi underway to approve...

Union Budget 2023 LIVE UPDATES: Cabinet meeting chaired by PM Narendra Modi underway to approve...

In pics: Finance Minister Nirmala Sitharaman dons a graceful red saree to present Union Budget 2023

In pics: Finance Minister Nirmala Sitharaman dons a graceful red saree to present Union Budget 2023

Asif Rozani's New book “ How to become a successful entrepreneur give new Leadership and Managing...

Asif Rozani's New book “ How to become a successful entrepreneur give new Leadership and Managing...

Petrol, diesel prices, Feb 1: Check rates in Mumbai, Delhi, Chennai and other cities

Petrol, diesel prices, Feb 1: Check rates in Mumbai, Delhi, Chennai and other cities

Union Budget 2023: Stocks to watch out for as FM Nirmala Sitharaman presents budget

Union Budget 2023: Stocks to watch out for as FM Nirmala Sitharaman presents budget