Gazette No 1075: APPFC - Interest Payment - Regular half-year interest payment on APPFCL Bond Series I/2012 & 2/2012 due on 01.01.2022 - Administrative Sanction - Orders -Issued

Registered No. HSE-49/2016 PART I EXTRAORDINARY No.198 AMARAVATI, WEDNESDAY, FEBRUARY 9, 2022 G.1075 NOTIFICATIONS BY GOVERNMENT --x--File No.ENE01/436/2021-POWER-III GO RT/325/2021/ENE01-Energy GOVERNMENT OF ANDHRA PRADESH ABSTRACT APPFC - Interest Payment - Regular half-year interest payment on APPFCL Bond Series I/2012 & 2/2012 due on 01.01.2022 - Administrative Sanction - Orders - Issued. ================================================= ENERGY (POWER-III) DEPARTMENT G.O.Rt.No.179. Dated 17/12/2021. Read the following: 1. G.O.Ms.No.134, Finance (DCM-III) dept., dt.31.05.2014. 2. G.O.Rt.No.1457, Finance (FMU-I&I, Energy, I&C) dept., dt.23.06.2021. 3. G.O.Rt.No.73, Energy (Power-III) dept., dt.16.06.2021. 4. From the M.D., APPFCL, Lr.No.MD/CFO/APPFCL/D.No.491/2021, dt.10.12.2021. ***** ORDER: In the reference 4th read above, the Managing Director, APPFCL has requested the Govt., for sanction of Rs.25,83,20,600/- towards regular half yearly interest payment for the APPFCL Bond Series 1/2012 & 2/2012 due on 01.10.2022. 2. After careful examination, Government hereby accord administrative sanction for an amount of Rs.25,83,20,600/- (Rupees twenty fve crores eighty three lakhs twenty thousand and six hundred only) towards regular half yearly interest to be paid on APPFCL Bond Series 1/2012 & 2/2012 issued by APPFCL due on 01.10.2022. The following are the interest payment details to be paid to APPFCL Bond Series 1/2012 & 2/2012: - Loan taken details Sl. Loan particulars No. 1 Loan particulars Series 1/2012 OptionSeries 1/2012Series 2/2012 A Option B Loan amount (Rs. Rs.26.30 Crs. Rs.100.80 Crs. Rs.404.60 Crs. Cr): 2 Name of the Bank /APPFCL unsecured, Taxable APPFCL Bonds Series 1/2012 & FI from which loan2/2012 sanctioned 3 Loan tenure (years, 10 years 12 years 10 years months) 4 Loan taken date 08.06.2012 08.06.2012 18.07.2012 5 Rate of Interest 9.50% 9.64% 9.75% 6 Moratorium details, if NA NA NA any 7 Date of start of frst 07.07.2012 01.07.2012 01.07.2012 instalment 8 Date of fnal 08.06.2022 08.06.2024 18.07.2022File No.ENE01/436/2021-POWER-III GO RT/325/2021/ENE01-Energy instalment II. Restructuring details, if any 1 Date of restructuring Nil Nil Nil 2 Revised rate of - - - interest 3 Revised tenure - - - 4 Restructuring - - - details, if any III. Budget details 1 Head of Account 2801-05-800-00-11-310-312 (Assistance to AP Transco Ltd., for servicing of Vidyut Bonds) 2 Financial year Budget 2021-22 3 Budget estimate (Rs.884,41,00,000/- Crs.) 4 Budget expenditure442,76,16,787/- (Rs. Cr). 5 Budget available as441,64,83,213/- on date (Rs. Cr) IV. Outstanding details 1 Loan repaymentPrincipal not yet started. Paying regular half yearly interest done till date (Rs. Cr)payment 2 Previous GOs issuedG.O.Rt.No.73, Energy (Power-III) dept., dt.16.06.2021 for repayment (vide reference above) 3 Loan outstandingSeries 1/2012 OptionSeries 1/2012Series 2/2012 of amount (Rs. Cr) A of Rs.26.30 Crs., &Option B ofRs.404.60 Crs., & total interest -Rs.100.80 Crs., &total interest - Rs.83.69 Crs, total interest -Rs.1321.52 Crs. Rs.325.52 Crs. 4 Outstanding amountPrincipal - Rs.26.30Principal - Rs.100.80Principal - as on date Crs., & interest -Crs. & interest -Rs.404.60 Crs. & Rs.2.32 Crs., as onRs.28.48 Crs., as oninterest - Rs.41.28 10.12.2021 10.12.2021 Crs as on 10.12.2021 V. Repayment details 1 Current dueRegular half yearly interest payment from 01.07.2021 to repayment is for01.01.2022 period 2 Current due amountRegular half yearly interest payment due on 01.01.2022 proposed (Rs. Cr) Series 1/2021 of Rs.26.30 Crs Option A @ 9.50% - 1,24,92,500/- Series 1/2012 of Rs.100.80 Crs Option B @ 9.64% - 4,85,85,600/- Series 2/2012 of Rs.404.60 Crs @ 9.75% 19,72,42,500/- Total Rs.25,83,20,600/- 3 Finance G.O.Rt.No.1457, Finance (FMU-I&I, Energy, I&C) dept., concurrence dt.23.06.2021 3. Following are the drawing and disbursing details: - Sl.No. Particulars of DDO Account details of APPFCL 1 Drawing and DisbursingAssistant Secretary to Government, Energy Officer department, A.P. SecretariatFile No.ENE01/436/2021-POWER-III GO RT/325/2021/ENE01-Energy 2 Cheque to be issued inAPPFCL Current A/c.No.52117468653 favour of 3 Bank State Bank of India, SMC Branch, Ramavarappadu, Vijayawada 4 IFSC Code SBIN0016576 5 PAN No. AADCA0857D 6 Utilization certifcate toC&MD, APTRANSCO & Chairman, APPCC, MD, be issued by APPFCL, Vijayawada (BY ORDER AND IN THE NAME OF THE GOVERNOR OF ANDHRA PRADESH) SRIKANT NAGULAPALLI SECRETARY TO GOVERNMENT To The Chairman & Managing Director, APTRANSCO & Chairman, APPCC, Vijayawada. The Managing Director, APPFCL, Vijayawada. The Assistant Secretary to Govt., & Drawing and Disbursing Officer, Energy Department. The Energy (OP) Department. Copy to: - The Director of Treasuries and Accounts, Vijayawada. The Pay & Accounts Officer, A.P., Ibrahimpatnam. The Principal Accountant General (A&E), A.P., Vijayawada for information. The Finance (Budget-I) Department for information. SF/SC. (File No.ENE01/436/2021-Power-III Computer No.1392301) // FORWARDED :: BY ORDER // SECTION OFFICER