NEW DELHI: NTPC Ltd., India’s largest integrated power company, paid an interim dividend of Rs. 4,121.08 crores today for the financial year 2022-23. The dividend paid is 42.50% of the paid-up equity share capital of the Company.
This is the 30th consecutive year that NTPC Ltd. has paid dividends.
NTPC Ltd has recently been ranked the No.1 Independent Power Producer and Energy Trader Globally in The S&P Global Commodity Insights Top 250 Global Energy Company Rankings®️-2022.
NTPC is not just India’s largest power producer; it is one of the critical pillars sustaining India’s economic growth and development.
With a share of 17% of the installed capacity, NTPC currently contributes 24% of the total electricity produced in India. NTPC’s goal has always been to deliver economical, efficient, and ecologically sustainable power. To meet this objective, it offers a diversified energy mix comprising gas, wind, solar, hydro, floating solar, and coal.
By 2032, NTPC is targeting non-fossil fuel-based capacity to make up nearly 50 percent of the company’s portfolio, which includes a renewable energy capacity of 60 GW and a total portfolio of 130 GW.
In terms of scale, efficiency, and energy generation from cleaner and greener sources, the company leads India’s energy transition. It has teamed with NITI Aayog for the Net Energy Zero effort.