Hydropower PSU NHPC has paid Rs 890.85 crore as an interim dividend to the Centre for the financial year ending March 31, 2021. NHPC Chairman and Managing Director A K Singh handed over dividend payout advice to Minister of State for Power and New & Renewable Energy R K Singh in the presence of Power Secretary Alok Kumar and other senior officials of the ministry and NHPC, the company said in a statement.
“NHPC has paid an interim dividend of Rs 890.85 crore to Government of India for the financial year 2020-21 on March 5, 2021,” it said.
The company further said it has recorded a net profit of Rs 2,829.16 crore for the nine months ended December 2020, against the previous period corresponding figure of Rs 2,624.26 crore. The company had earned a net profit of Rs. 3,007.17 crore for the financial year 2019-20.