NTPC Disburses Interim Dividend Of Rs 2182 Cr For FY24
The largest thermal power company in India, National Thermal Power Corporation
(NTPC), declared on Thursday that the Rs 2,182 crore inaugural dividend for the fiscal year 2023–24 has been disbursed.
On 23 November, 2023, the state-owned power giant paid out the dividend, which represents 22.50 per cent of the paid-up equity share capital of the business. NTPC stated in a statement that it has been paying dividends to investors for 31 years running and that it is committed to giving them steady returns.
Through its strategic initiatives and strong financial performance, NTPC prioritises quality, sustainable growth, and shareholder pleasure.
NTPC is a government-owned enterprise headquartered in New Delhi, India. It operates under the administrative control of the Ministry of Power, Government of India. The company is engaged in the generation and sale of electricity, primarily through thermal power plants.
The core business of NTPC revolves around the generation of power through various sources, with a significant focus on thermal power. The company operates a diverse portfolio of power plants, including coal-based, gas-based, hydroelectric, and renewable energy projects.
NTPC is renowned for its substantial installed capacity, making it a key contributor to India's power infrastructure. The company has a widespread presence across the country, with power plants strategically located to cater to regional energy demands.
