Dividend Income: The country’s largest power sector company NTPC has paid dividend to the Central Government. NTPC has released a dividend worth crores of rupees in the central government treasury. The company has paid Rs 1487 crore to the Central Government. Let us tell you that even before this, recently two PSU companies had paid dividend of Rs 2642 crore to the Central Government. These two companies were Indian Oil Corporation Limited (IOCL) and Bharat Petroleum Corporation Limited (BPCL). On September 15, DIPAM i.e. Department of Public Asset Management posted its X platform. While posting, DIPAM Secretary said that NTPC has made a dividend payout of Rs 1487 crore to the Central Government.
Country’s largest power company NTPC
Let us tell you that NTPC is the country’s largest power sector government company. The company has an installed capacity of 73824 MW. This also includes joint ventures. The company plans to become a 130 gigabyte company by 2032. This company was established in 1975. The company aims to become the world’s largest power company.
IOCL had received dividends from BPCL
On September 11, the Central Government had received a dividend worth crores from two big PSU companies of the country. The Government of India received dividend income of Rs 2182 crore from IOCL and Rs 460 crore from BPCL. The Government of India has received a total dividend income of Rs 2642 crore from these two companies.
These companies gave dividend in July
Earlier in the month of July also, the Government of India had earned dividends from two companies. This includes National Investment and Infrastructure Fund Limited (NIIF) and ECGC. From these two, the government has received more than Rs 3400 crore in the form of dividend installments. The government has so far collected Rs 5,200 crore as dividend from public sector companies in the current financial year.