New Delhi. NTPC Tamil Nadu Energy Company Limited (NTECL), a joint venture company of NTPC Limited and Tamil Nadu Generation and Distribution Corporation (TANGEDCO) has paid an interim dividend of Rs 47,55,59,335/- for the Financial Year 2020-21 towards NTPC’s 50 percent share.
NTECL has paid the dividend for the first time since its inception in 2003. The Interim dividend is also been paid to other Joint Venture partners viz. TANGEDCO on its shareholding of 50 percent in NTECL.
NTECL’s Chairman and Director (Operations) of NTPC Limited Ramesh Babu V presented the cheque to NTPC Limited’s Chairman & Managing Director (CMD) Gurdeep Singh.
NTPC’s Director (Finance) AK Gautam, NTPC’s Director (HR) Dillip Kumar Patel, NTPC’s Regional Executive Director (South) & NTECL’s Director CV Anand, NTECL’s Chief Executive Officer (CEO) Basuraj Goswami, NTECL’s Chief Financial Officer (CFO) Rajiv Srivastava, NTPC’s Company Secretary Nandni Sarkar and NTECL’s Company Secretary Amit Garg were also present on the occasion.