Excelsior Correspondent
JAMMU, Aug 26: NHPC Limited hosted its 46th Annual General Meeting (AGM) through video conferencing from its Corporate Office, Faridabad.
The members of the company approved a dividend of Rs 1.81 per equity share for the year 2021-22, which is inclusive of interim dividend of Rs 1.31 per equity share paid in March, 2022.
A.K. Singh, CMD, NHPC addressed the shareholders at the AGM wherein members of NHPC Board including YK Chaubey, Director (Technical), RP Goyal, Director (Finance), Biswajit Basu, Director (Projects) and Independent Directors including Dr Uday Sakharam Nirgudkar, Prof (Dr) Amit Kansal, Dr Rashmi Sharma Rawal and Jiji Joseph and Rupa Deb, Company Secretary, NHPC were also present.
CMD, NHPC highlighted upon various key achievements made by NHPC. Singh informed that NHPC achieved its highest ever annual Profit After Tax (PAT) of Rs 3,538 crore (on standalone basis) in FY 2021-22 compared to Rs.3,245 crore in FY 2020-21, a 9% increase. Elaborating further on NHPC’s achievements during financial year 2021-22, Shri Singh informed that NHPC power stations generated 24,855 MUs of electricity against the Design Energy of 23,540 MUs. NHPC power stations also recorded highest ever Annual PAF of 88.19%. He further added that cash contribution of Rs.1,183.05 crore was made to Government of India’s exchequer through dividend (final dividend for FY 2020-21 of Rs.249.44 crore and interim dividend for FY 2021-22 of Rs.933.61 crore).
Various queries of members regarding performance of the Company were also addressed at the AGM.
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