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Odisha Hydro Power Corporation Ltd.

A Gold rated State PSU( A Govt. of Odisha Undertaking )

Powering Green Energy

OHPC PAYS DIVIDEND OF RS.27,26,18,651/-TO GOVT. OF ODISHA

Odisha Hydro Power Corporation Ltd. a Gold Rated State PSU has paid an amount of Rs.27,26,18,651/- as dividend to the Govt. of Odisha on 27th March 2018. The Cheque was handed over to the Hon’ble Chief Minister of Odisha, Sj. Naveen Patnaik on 27th March 2018 at the State Secretariat by Sj.Susanta Singh, Hon’ble Minister of Energy in presence of Sri Hemant Sharma, IAS, Commissioner-cum-Secretary, Dept. of Energy, Sri Vishal Kumar Dev, IAS, Commissioner-cum-Secretary, Sports & Youth Services Dept. & CMD, OHPC, Dr Prabodh Kumar Mohanty, Director (HRD), Sri Pravakar Mohanty, Director (Finance) & Sri S K Tripathy, Director (Operation) of OHPC Ltd. According to the Govt. of Odisha Finance Dept. Office Memorandum of 12th December 2011, the minimum dividend pay out in respect of PSUs in the mining & power generation sector should be 30% of Post tax profit. OHPC paid the amount of Rs.27,26,18,651/- towards dividend @30% of its post tax profits earned in the Year 2016-17.


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