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OPGC, OHPC pay Rs 35 cr dividend towards state share

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OST Business Bureau

Bhubaneswar, Dec 11:OPGC

Energy Minister Arun Sahu today presented Rs 35.39 crore dividend to Chief Minister Naveen Patnaik on behalf of Odisha Power Generation Corporation (OPGC) and Odisha Hydro Power Corporation (OHPC) for the year of 2012-13.

While OHPCC presented a cheque for dividend worth Rs 14.14 crore towards the state government’s share, OPGC presented Rs 21.25 crore.

It is to be noted that Odisha government holds 51% share in OPGC while American utility AES has 49% share.  OHPC is completely owned by the government.

OPGC final dividend for FY 2012-13