State-owned NTPC Limited announced on Monday that it has paid an interim dividend of Rs 2,424 crore to its shareholders for the financial year 2024-25. This first interim dividend, distributed on November 18, represents 25 percent of the company’s paid-up equity share capital. According to NTPC’s statement, the company’s CMD, Gurdeep Singh, along with the Board of Directors, presented a “payment advice” of Rs 1,238.84 crore—representing the government’s share—to the Minister of Power, Manohar Lal, and Power Secretary, Pankaj Agarwal. Notably, this marks the 32nd consecutive year that NTPC has distributed dividends to its shareholders.
The Board of Directors of NTPC had previously approved this first interim dividend of Rs 2.50 per share (with a face value of Rs 10 each) on October 24, 2024.
In a separate announcement, NTPC shared plans to set up a green hydrogen plant at Simhadri in Andhra Pradesh, using innovative seawater processing technology. The plant will use a low-carbon desalination process that repurposes waste heat from thermal power plant flue gases to convert seawater into hydrogen-grade water at a reduced cost. This initiative highlights NTPC’s commitment to green energy and sustainable practices in power generation.
