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NHDC Pays Dividend to Government of Madhya Pradesh.

Friday, October 7, 2016
NHDC Limited has paid a dividend of Rs 195.87 Crore to Government of Madhya Pradesh for the financial year 2015-16, today on 07.10.2016. The dividend cheque was presented to Hon'ble Chief Minister of Madhya Pradesh, Shri Shivraj Singh Chouhan by Chief Executive Director, NHDC, Shri Dhiman Parija in the presence of General Manager (HR), Shri Ranjit Singh, General Manager (Finance), Shri B.L. Saboo, Chief (HR), Shri Ashok Kumar and Chief (Finance), Shri Sanjeev Mathur of NHDC. On this occasion, NHDC’s various activities in power sector were discussed and Hon’ble Chief Minister assured Shri Parija to give full support by Government of Madhya Pradesh for NHDC’s new projects. NHDC has generated 2932.89 Million Unit of Power and has earned a net profit of Rs. 630 Crore in the financial year 2015-16. NHDC Limited, a Joint Venture Company of NHPC Limited & Government of Madhya Pradesh, the ownership being in the ratio of 51:49 respectively. Incorporated in the year 2000, NHDC is the largest Hydropower producing Company in the State of Madhya Pradesh having 2 Projects - 1000 MW Indira Sagar and 520 MW Omkareshwar.
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