(a) the total interim dividends paid by the State owned power companies to the
Government during the current fiscal year till December, 2004;
(b) whether dividend paid by NTPC during the period is quite inadequate as
compared to its income; and
(c) if so, facts thereof?
THE MINISTER OF POWER ( SHRI P.M. SAYEED )
(a) : No, Sir. State owned Power companies have not paid any interim
dividend to the Government during the current fiscal year, till December, 2004.
(b) & (c) : As per the extant guidelines of the Ministry of Finance, Government of
India, infrastructure PSUs is required to pay 30% of Profit After Tax (PAT) as dividend.
The dividend paid by NTPC was Rs.1082.30 crores, which is 20% of PAT in the current
fiscal year till December, 2004.