State-run power major NTPC Ltd has spent an interim dividend of ₹3,878.67 crore to its shareholders for the financial year 2021-22.
In an announcement, the firm declared that the dividend paid is 40% of the paid-up equity share capital of the firm. This is the 29th straight year that NTPC has delivered dividends.
In January, the firm noted a 19.34% rise in its consolidated net revenue for the quarter which ended in December at ₹4,626.11 crore. During the exact period of the previous financial year (FY21), the company had noted a consolidated net revenue of ₹3,876.36 crore. Its consolidated total earnings for the third quarter of FY22 got ₹33,783.62 crore, 19% more than ₹28,387.27.
In the financial year, the firm reported an increase in power generation. As of February 18, its power generation stood at 314.89 billion units (BU) exceeding the maximum annual generation of 314 BU achieved in FY21. During the same period of the last fiscal, the firm had produced 270.0 BU of power.
The total installed capacity of the firm is 67,832.30 MW with 23 coal-based projects, seven gas-based and 1 hydro, 19 renewable power projects. Under joint endeavours, NTPC has nine coal-based, four gas-based, eight hydro and five renewable energy programs.
