Oil India (OIL) reportedly has paid a total 110% dividend amounting to Rs 518.65 crore to the government of India during the financial year 2012-13. The company paid a total dividend of 190% for the year 2011-12 (adjusted for Bonus).
The company is producing at the rate of around 3.72 MTPA of crude oil and 7.22 MMSCMD of Gas from its fields. Further, the company has exploration and production acreages of over 160,000 square kilometre pan-India and overseas.
Oil India, a Navratna Company, is Asia's oldest and biggest pioneer oil exploration and Production Company. NTPC is the largest power generating company in the country. It has also diversified into hydro power, coal mining, power equipment manufacturing, oil & gas exploration, power trading & distribution.
