THE Central Trade Unions (CTUs), in its meeting held at New Delhi on August 2, expressed deep concern at the decision of the central government to divest further 10 per cent equity in the National Thermal Power Corporation Limited (NTPC) through Offer for Sale (OFS) route. The present shareholding pattern of NTPC is 56.41 per cent with the company and 43.59 per cent with market players.
Further, the leaders stressed that the NTPC has 53 power generation stations and 11 renewable energy projects. In 2017-18, NTPC earned a profit of Rs 10,501.50 crore and the dividend paid to the government was Rs 1,970.67 crore and in 2018-19 the profit increased to Rs 12,633.45 crore and interim dividend already paid is 2,951.88 crore and more shall be paid as final installment.
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THE Central Trade Unions (CTUs), in its meeting held at New Delhi on August 2, expressed deep concern at the decision of the central government to divest further 10 per cent equity in the National Thermal Power Corporation Limited (NTPC) through Offer for Sale (OFS) route. The present shareholding pattern of NTPC is 56.41 per cent with the company and 43.59 per cent with market players. Further, the leaders stressed that the NTPC has 53 power generation stations and 11 renewable energy projects. In 2017-18, NTPC earned a profit of Rs 10,501.50 crore and the dividend paid to the government was Rs 1,970.67 crore and in 2018-19 the profit increased to Rs 12,633.45 crore and interim dividend already paid is 2,951.88 crore and more shall be paid as final installment.