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Power Grid pays Rs 1,629.62 crore interim dividend to govt for FY19

25 Mar 2019 Evaluate

Power Grid Corporation has paid Rs 1,629.62 crore as interim dividend to the central government for 2018-19. The total interim dividend disbursed was Rs 3,050.02 crore for 2018-19 to about 5.91 lakh shareholders of the company.

Power Grid Corporation of India is an Indian state-owned electric utilities company headquartered in Gurgaon, India. Power Grid transmits about 50% of the total power generated in India on its transmission network.

Peers
Company Name CMP
NTPC 327.00
Tata Power 361.00
Adani Power 202.35
Power Grid Corpn. 263.50
Adani Energy Solut. 1350.00
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