by staff correspondent
New Delhi
Ratnagiri Gas and Power Pvt. Ltd. (RGPPL), a JV company of NTPC, GAIL, MSEB Holding Co. and Indian FIs (IDBI Bank, SBI, ICICI Bank and Canara Bank) has paid its maiden dividend to its shareholders. RGPPL was formed in 2005 to takeover, restart and operate the defunct assets of erstwhile Dabhol Power Project. RGPPL has a fully operational 1967 MW combined cycle power station and an integrated 5 MMTPA LNG Terminal which shall shortly commence operations in District Ratnagiri, Maharashtra.
Photo Caption: Shri Manash Sarkar, MD, RGPPL presenting the dividend cheque to Shri Arup Roy Choudhury, CMD, NTPC in the presence of Directors and senior officials of the company. Ratnagiri Gas and Power Pvt. Ltd. (RGPPL), is a JV company of NTPC, GAIL, MSEB Holding Co. and Indian FIs (IDBI Bank, SBI, ICICI Bank and Canara Bank) has paid its maiden dividend to its shareholders.
