PSU GROWTH
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Gujarat CM receives dividend cheques from GEL
Bhupendra Patel, Chief Minister of Gujarat received dividend cheques totaling a record ₹384.67 crore for FY 2025-26 from Gujarat Energy Limited (GEL) and GSPL Transmission Limited (GTL) in Gandhinagar. This is the highest-ever dividend paid to the State Government by any state-owned enterprise in a single financial year.
The successful implementation of the recent 'Scheme of Arrangement' has truly unlocked the financial potential of our energy PSUs. With the state's direct shareholding increasing to approximately 38% in both companies, the government has received ₹324 crore from GEL and ₹60.67 crore from GTL.
To put this phenomenal growth into perspective, this single-year payout is almost four times the combined dividend received over the previous three years!
This robust financial participation by our public sector enterprises will significantly boost the state's revenue and further accelerate our ongoing developmental and public welfare initiatives.
The successful implementation of the recent 'Scheme of Arrangement' has truly unlocked the financial potential of our energy PSUs. With the state's direct shareholding increasing to approximately 38% in both companies, the government has received ₹324 crore from GEL and ₹60.67 crore from GTL.
To put this phenomenal growth into perspective, this single-year payout is almost four times the combined dividend received over the previous three years!
This robust financial participation by our public sector enterprises will significantly boost the state's revenue and further accelerate our ongoing developmental and public welfare initiatives.
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