NTPC Pays ₹2,424 Crore Interim Dividend to Shareholders

State-owned NTPC announced on Monday that it has distributed ₹2,424 crore as the first interim dividend for the financial year 2024-25. The dividend represents 25% of the company’s paid-up equity share capital and amounts to ₹2.50 per share, based on a face value of ₹10.

The dividend payment was approved by NTPC’s Board of Directors on October 24, 2024. This marks the 32nd consecutive year that NTPC has rewarded its shareholders with dividends.

Government’s Share in Dividend

NTPC CMD Gurdeep Singh, along with the Board of Directors, handed over a payment advice of ₹1,238.84 crore, representing the government’s share in the dividend, to Power Minister Manohar Lal and Power Secretary Pankaj Agarwal.

Green Hydrogen Plant in Simhadri

In a separate announcement, NTPC shared its plans to set up a green hydrogen production plant at its Simhadri facility in Andhra Pradesh. The plant will use seawater for hydrogen production.

NTPC has developed a low-carbon desalination technology that processes seawater using waste heat from its thermal power plant flue gas. This innovative process produces hydrogen-grade water at a lower cost, contributing to cleaner and more sustainable energy solutions.

About NTPC 

NTPC Ltd, along with its subsidiaries, associates, and joint ventures, mainly generates and sells large quantities of electricity to state power utilities. The group is also involved in other activities such as providing consultancy services, managing and supervising projects, trading energy, exploring oil and gas, and mining coal.

On November 19, 2024, NTPC share price opened at ₹368.00, touching the day’s high of ₹378.50 as of 11:30 AM on NSE.

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