About Rs 887 crore and Rs 653 crore have been received from Power Finance Corporation (PFC) and Hindustan Aeronautics Ltd as dividend tranches.

The government said on Tuesday it has received Rs 4,353 crore as dividend tranches from seven state-owned companies, including Coal India and PFC.

“The government has received approximately Rs 575 crore and Rs 2038 crore respectively from Nuclear Power Corporation of India Ltd and Coal India Ltd as dividend tranches,” tweeted Tuhin Kanta Pandey, secretary of the Department of Investment and Public Asset Management (DIPAM).

In addition, approximately Rs 887 crore and Rs 653 crore have been received from Power Finance Corporation (PFC) and Hindustan Aeronautics Ltd as dividend tranches.

The government has also received about Rs 100 crore, Rs 33 crore and Rs 67 crore from BDL, Manganese Ore India Ltd and Cochin Shipyard Ltd respectively.

During the current fiscal year 2021-22, Rs 53,412.22 crore has been obtained through dividend from CPSEs so far.


This post Govt to receive Rs 4,353 crore as dividend tranches from seven CPSEs was original published at “https://www.financialexpress.com/industry/govt-gets-rs-4353-crore-as-dividend-tranches-from-seven-cpses/2461924/”

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