Home India ENERGY DEPT Gazette No 1078: Power Subsidy - Administrative Sanction for...
Date: 2021-12-29 Category: AP E-Gazette - Extraordinary / PART I State: Andhra Pradesh Country: India

Gazette No 1078: Power Subsidy - Administrative Sanction for an amount of Rs.3693,03,02,000.00(Rupees Three Thousand Six Hundred ninety-three crores three lakhs two thousand only) – Orders - Issued.

Issued by ENERGY DEPT · Not Applicable

Research with AI Agent Chat with Document Generate Summary Translate Helpful Share Add to Project Create Task
Official Source Record View Original Source →
See Full Document Text
Registered No. HSE-49/2016 PART I EXTRAORDINARY No.201 AMARAVATI, WEDNESDAY, FEBRUARY 9, 2022 G.1078 NOTIFICATIONS BY GOVERNMENT --x--File No.ENE01/526/2021-POWER-III-Part(2) GO RT/335/2021/ENE01-Energy GOVERNMENT OF ANDHRA PRADESH ABSTRACT Power Subsidy - Administrative Sanction for an amount of Rs.3693,03,02,000.00 (Rupees Three Thousand Six Hundred ninety-three crores three lakhs two thousand only) – Orders - Issued. ================================================== ENERGY (POWER-III) DEPARTMENT G.O.Rt.No.187 Dated:29.12.2021 Read: G.O.Rt.No.4646, Finance (FMU-I&I, Energy, I&C) dept., dt:29.12.2021. >>>@<<< O R D E R: In the G.O. read above, the Finance dept., have issued Additional Budget Release Order for an amount of Rs.3693,03,02,000.00(Rupees three thousand six hundred ninety three crores three lakhs two thousand only) to meet the Power subsidy expenditure payable to the DISCOMS during the Current Financial Year 2021-2022 to Energy Department in relaxation of treasury control and quarterly regulation orders pending provision of funds by obtaining supplementary grant at an appropriate time during the Current Financial Year 2021-22 towards payment of Power subsidy to the DISCOMS. 2. As per Section 65, of the Electricity Act, 2003, the State Government is required to pay the amount of subsidy in advance to the distribution companies every quarter. 3. After careful examination, Government hereby accord Administrative Sanction for an amount of Rs.3693,03,02,000.00 (Rupees three thousand six hundred ninety three crores three lakhs two thousand only) against the subsidies payable to the DISCOMS during the financial year 2021-22 under 2801-05-800-11-06-330-332-VN Agriculture, in relaxation of treasury control and quarterly regulation orders for payment of Power subsidy in advance to the Distribution Companies according to Section 65 of the Electricity Act, 2003. 4. The Assistant Secretary to Govt., & Drawing and Disbursing Officer, Energy Department, A.P. Secretariat shall remit the amount sanctioned in Para - (3) above in the Bank Account of DISCOMs (APPCC). 5. The CMDs/DISCOMS and Member Convenor, APPCC, Vijayawada shall take necessary action accordingly. 6. Following are the drawing and disbursing details: Sl. Particulars of DDO, Energy Department/Account Details of APPCC / No. APDISCOMs i Drawing and Disbursing Officer Assistant Secretary to Government, Energy Department, A.P. Secretariat ii Cheque to be issued in favour APPCC Current of Account No. 52117479223File No.ENE01/526/2021-POWER-III-Part(2) GO RT/335/2021/ENE01-Energy iii Bank State Bank of India, Commercial Branch, Ramavarappadu, Vijayawada iv IFSC Code SBIN0016576 v PAN No AABCT0088P vi Utilization certificate The Member Convenor, APPCC, to be issued by Vijayawada 7. This orders issued with the concurrence of the finance department vide their U.O. No. FIN01 - FMU0BES (IIE)/6/2021- FMU- IIEIC, dated:29-12-2021 (C.No.1531833). (BY ORDER AND IN THE NAME OF THE GOVERNOR OF ANDHRA PRADESH) SRIKANT NAGULAPALLI SECRETARY TO GOVERNMENT To The Member Convenor, APPCC, Vijayawada. The Chairman & Managing Directors, APEPDCL/APCPDCL/APSPDCL. The Assistant Secretary to Government. & Drawing & Disbursing Officer, Energy Department. The Energy (OP) Department. Copy to: The Secretary to Government, Finance Dept With a request to release the amount immediately to avert the default of Power Utilities from the payment dues to the Power Generators/Financial Institutions. The Director of Treasuries and Accounts, Vijayawada. The Pay & Accounts Officer, A.P. Ibrahimpatnam. The Principal Accountant General (A&E), A.P., Hyderabad. The Finance (Budget-I) Department. SF/SC. (1484762) // FORWARDED: BY ORDER // SECTION OFFICER

Continue your research