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NHPC pays to govt Rs 891 cr as interim dividend for FY21

State-owned hydropower big on Friday stated it has paid Rs 890.85 crore as an interim dividend to the Centre for the monetary yr ending March 31, 2021.

NHPC Chairman and Managing Director A Okay Singh handed over dividend payout recommendation to Minister of State for Energy and New & Renewable Power R Okay Singh within the presence of Energy Secretary Alok Kumar and different senior officers of the ministry and NHPC, the corporate stated in a press release.

“NHPC has paid an interim dividend of Rs 890.85 crore to Authorities of India for the monetary yr 2020-21 on March 5, 2021,” it stated.

The corporate additional stated it has recorded a internet revenue of Rs 2,829.16 crore for the 9 months ended December 2020, towards the earlier interval corresponding determine of Rs 2,624.26 crore. The corporate had earned a internet revenue of Rs. 3,007.17 crore for the monetary yr 2019-20.

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