NTPC Pays Final Dividend Of Rs 2,473 Crore For 2018-19
Workers connect electricity cables to a transmission pole in India. (Photographer: Prashanth Vishwanathan/Bloomberg)

NTPC Pays Final Dividend Of Rs 2,473 Crore For 2018-19

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State-owned power giant NTPC Ltd. on Wednesday said it has paid final dividend of Rs 2,473.63 crore for 2018-19 to its shareholders, which is equivalent to one fourth of its equity share capital.

"For the financial year 2018-19, NTPC Ltd. has paid final dividend of Rs 2,473.64 crore, being 25 percent of the paid-up equity share capital of the company," it said in a statement.

According to the statement, the real time gross settlement advice for the transfer of Rs 1,348.23 crore to the government, being its share in the final dividend, was presented to Power Minister RK Singh by NTPC Chairman and Managing Director Gurdeep Singh in the presence of Power Secretary SC Garg on Wednesday.

This is the 26th consecutive year that the NTPC has paid dividend.

Also read: NTPC Commissions India’s First Ultra Supercritical 660 MW Unit In Madhya Pradesh

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