NTECL pays Rs 475.5 million as dividend to NTPC

Tamil Nadu Energy Company Limited (NTECL) has paid an interim dividend of over Rs 475.5 million towards its 50 percent stake in NTPC Limited. …

The interim dividend has also been paid to other joint venture partner Tamil Nadu Generation and Distribution Corporation (TANGEDCO) on its shareholding of 50 per cent in NTECL. NTECL is a 50:50 joint venture company of NTPC and TANGEDCO.

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