NHPC Board recommends dividend payout of Rs. 332.12 Crore
09/07/2014
The Board of directors of NHPC Limited - A Mini Ratna Enterprise of the Government of India, in its meeting held on 7th July 2014 has recommended a dividend @ 3% (Re 0.30 per equity share) on the paid up share capital of the Company for the financial year 2013-2014. NHPC today has more than 10 lakh shareholders and the total recommended dividend payout is Rs. 332.12 crore.
So far, NHPC has completed 20 projects with a total installed capacity of 6507 MW which includes 1520 MW through NHDC Limited - a Joint Venture of NHPC with Government of Madhya Pradesh. At present 4 projects with a total installed capacity of 3290 MW are under execution. In addition, the Company has five projects of 5115 MW capacity under various stages of approval. The Company is also working on capacity addition of 2186 MW through Joint Ventures with State Governments/PSUs. Three more projects are under Survey and Investigation stage with total capacity of 1350 MW. The Company is actively pursuing its entry in to Thermal, Wind and Solar Power generation also.
NHPC Limited is an India-based company, which is primarily engaged in the generation and sale of bulk power to various power utilities. The Companyâs other business activities include project management / construction contracts/ consultancy assignment services and trading of power. It has installed capacity of 7144.20 megawatts (MW) including 1593 MW in joint venture, comprising 6971.20 MW from 22 hydro power stations, 123 MW from three solar power project and 50 MW from a wind power project. The Companyâs power stations include Salal, Dulhasti, Kishanganga HEP, Chutak, Baira Siul, Tanakpur, Dhauliganga, Rangit, Loktak, Indira Saga, Chamera-I, Uri-I, Omkareshwa, and others. Its consultancy services offer survey and investigation, planning, design and engineering, construction, operation and maintenance, renovation, modernization and updating of hydropower projects. Its subsidiaries include NHDC Limited, Bundelkhand Saur Urja Limited, Lanco Teesta Hydro Power Limited, and others.
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