OPGC, OHPC Pay Dividend of Rs 35.39 Crore

Published: 12th December 2013 09:25 AM  |   Last Updated: 12th December 2013 09:25 AM   |  A+A-

The Odisha Power Generation Corporation (OPGC) and the Odisha Hydro Power Corporation (OHPC), two State run PSUs, on Wednesday paid dividend of `35.39 crore to the State Government for 2012-13 financial year.

Minister of State for Energy Arun Kumar Sahu handed over two cheques - ` 21.25 crore from OPGC and ` 14.14 crore from OHPC - to Chief Minister Naveen Patnaik here towards State’s share.

With 51 per cent stake in OPGC, the State Government is the major share holder while AES Corporation has 49 per cent share. OHPC is fully owned State PSU. Meanwhile, national aluminium major Nalco has donated ` 8 crore to the Chief Minister’s Relief Fund (CMRF). Chairman and Managing Director of the company Ansuman Das handed over the cheque to the Chief Minister.

Zilla Parishad members of Balasore district also donated ` one crore to the CMRF, employees of OHPC ` 6.59 lakh, students of the Vir Surendra Sai University of Technology ` one lakh and Indian Association of Greater Tulsa $ 5000.

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