R-Power board to consider giving maiden interim dividend

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Press Trust of India New Delhi
Last Updated : Nov 04 2015 | 4:57 PM IST
Anil Ambani-led Reliance Power today said its board will on Monday consider giving maiden interim dividend to its shareholders.
"A meeting of the board of directors will be held on November 9, 2015, to consider and approve the maiden interim dividend on equity shares of the company," Reliance Power said in a filing to BSE.
Reliance Power Limited, a part of the Reliance Group, is a private sector power generation and coal resources company.
The company has the portfolio of power projects in the private sector, based on coal, gas, hydro and renewable energy, with an operating portfolio of 5,945 megawatts.
Reliance Power had reported 36.57 per cent jump in net profit to Rs 345.63 crore for the quarter ended September 30, on higher electricity generation.
The company generated 11,053 million units in the quarter under review compared to 3,157 million units in the same quarter last year.
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First Published: Nov 04 2015 | 4:57 PM IST

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