NHPC Limited, India’s premier hydropower company and a ‘Mini Ratna’ Category-I Enterprise of the Government of India has paid an interim dividend of Rs. 933.61 crore to the Government of India for the financial year 2021-22 on March 4th 2022.
The dividend payout bank advice was presented to Shri R.K. Singh, Hon’ble Union Minister of Power, New and Renewable Energy by Shri A.K. Singh, CMD, NHPC on March 10th 2022 in the presence of Shri Alok Kumar, Secretary (Power) Government of India and Shri Y.K. Chaubey, Director (Technical), Shri R.P. Goyal, Director (Finance), Shri K.K. Goel, Executive Director (Finance) and Shri Sanjay Kumar Madan, Executive Director (Finance) from NHPC.
NHPC had already paid Rs. 249.44 crores to the Government of India during the current fiscal 2021-22 on account of the final dividend for the financial year 2020-21. Thus, NHPC has paid a total dividend of Rs. 1183.05 crore to the Government of India during the financial year 2021-22.
The Board of Directors of the Company in its meeting held on 11th February 2022 had declared an interim dividend at the rate of Rs. 1.31 per Equity share i.e. 13.10% of the face value. NHPC today has more than eight lakh shareholders and the total interim dividend pay-out for the financial year 2021-22 worked out to Rs. 1315.90 crore.
The Company had paid an interim dividend of Rs. 1.25 per share with a total outflow of Rs. 1255.63 crore for the financial year 2020-21 in addition to a final dividend of Rs. 0.35 per share with a total outflow of Rs. 351.58 crore. Thus, a total dividend of Rs. 1.60 per share with a total outflow of Rs. 1607.21 crore had been paid for the financial year 2020-21.
