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NTPC SAIL Power Company pays Dividend

01st Oct, 2011

NTPC SAIL Power Company (NSPCL), a JV Company of NTPC and SAIL recorded a total income of Rs 1954.09 Crore during the year 2010-11 as against Rs 1400.75 Crore during 2009-10 and a Net Profit (after tax) of Rs 191.34 Crore during the year 2010-11.

NSPCL is a dividend paying Company since inception and has paid out a dividend of 11% of its equity for the year 2010-11 to its two equity shareholders – NTPC Limited and Steel Authority of India Limited i.e. of a total amount Rs 104.56 crore.

NSPCL has taken well planned measures in various areas of operation including adoption of best operation and maintenance practices for sustained performance and continuous improvement.
NTPC SAIL Power Company pays Dividend

Dividend Cheque of Rs. 104.56 cr. being presented to Shri Arup Roy Choudhury, CMD, NTPC Limited by Shri Vishwaroop, CEO-NSPCL and Shri N.N. Misra, Chairman-NSPCL. Shri A.K. Singhal Director (FIN) NTPC is also present. NSPCL is a continuous dividend paying Company since inception and has paid out a dividend of 11% of its equity for the year 2010-11 to its two equity shareholders – NTPC Limited and Steel Authority of India Limited i.e. of a total amount Rs 104.56 crore.


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