PSUs

PFC pays Rs 1404 crore dividend to Union Government

By IndianMandarins- 12 Mar 2020
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pfc-pays-rs-1404-crore-dividend-to-union-government

Power Finance Corporation, a Navratna Central Public Sector Enterprise (CPSE) and India’s leading NBFC for the Power Sector, has paid an interim dividend of Rs 1404.37 crore to the Government of India for the financial year 2019-20 as on March 12, 2020.
The RTGS intimation bank advice of the interim dividend was presented to R K Singh, Union Minister of State (Independent Charge), Power and New & Renewable Energy by Rajeev Sharma (CMD, PFC) in the presence of Ashish Upadhyaya (IAS:1989:MP), Additional Secretary, Ministry of Power;  Mritunjay Kumar Narayan (IAS:1995:UP), Joint Secretary, Ministry of Power and N B Gupta, Director (Finance) PFC; P K Singh, Director (Commercial) PFC and R S Dhillon, Director (Projects) PFC.

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