Gazette No 1224: Energy Dept. - APPFCL - Budget 2023-24 - Principal & Interest payment for the month of August,2023 on the APPFCL Term Loan of Rs.2,498.60 Crs @9% due on 31.08.2023 - Administrative Sanction - Orders - Issued.

Registered No. HSE-49/2016 GOVERNMENT OF ANDHRA PRADESH ABSTRACT Energy Dept. - APPFCL - Budget 2023-24 - Principal & Interest payment for the month of August,2023 on the APPFCL Term Loan of Rs.2,498.60 Crs @9% due on 31.08.2023 - Administrative Sanction - Orders - Issued. ENERGY (POWER-III) DEPARTMENT G.O.Rt.No.90 Dated:25.08.2023 Read the following: 1.. G.O.Ms.No.35, dt: 30.05.2018 amended as G.O.Ms.No.28, Energy (Power-III) dept., dt.05.09.2019.PART I EXTRAORDINARY 2. G.O.Rt.No .2408, Finance (FMU-I&I, Energy, I&C) Dept., dt.30.05.2023. No.1363 AMARAVATI, FRIDAY, NOVEMBER 17, 2023 G.1224 3. G.O.Rt.No.78, Energy (Power-III) dept., dt.25.07.2023. 4. From the Managing Director, APPFCL, letter No. MD/CFO/APPFCL/D. No. NOTIFICATIONS BY GOVERNMENT 469 12023, dt. 23 .08.2023 . --x-- ,>r@<<< ORDER: In the Govemment Order 2nd read above, Government have issued Budget Release Order for an amount of Rs.542,44,00,0001- as additional funds in relaxation of treasury control orders pending provision of funds by obtaining supplementary grants at an appropriate time during the CFY 2023-24 towards the Principal/Interest payment on APPFCL term loan for 11 months of CFY 2023-24. 2- In the letter 4th read above, the Managing Director, Andhra Pradesh Power Finance Corporation Limited (APPFCL) has requested the Govemment to release an amount & of Rs.34,72 ,38,8771- towards Principal Interest payment for the month of August, 2023 on the APPFCL Term Loan of Rs.2,498.60 Crs @ 9oh due on 31.08.2023. 3. After careful examination, Government hereby accord Administrative Sanction for Rs.34,72,38,8111- (Rupees thirty four crore seventy two lakh thirty eight thousand eight hundred and seventy seven only) to Managing Director, A.P. Power Finance Corporation Ltd. to arrange Principal & Interest payment for the month of August, 2023 on the APPFCL Term Loan of Rs. 2,498.60 Crs @ 9Yo due on 31 .08.2023 from HoA: 2801-05-190-00-11-310-312- VN (Assistance to Andhra Pradesh Transmission Corporation Ltd. for servicing of Vidyut Bonds) in relaxation of treasury control and quarterly regulation orders during CFY 2023 -24 and details are here under: Loan Taken Details Loan Amount (Rs Cr): 2,563 1 Name of Bank/FI from which 2 Banks / Financial Institutions loan obtained: JLoan Tenure (years, months) 12 years 4Loan taken date: 0t.04.2023of interest: 9% 6Moratorium details, if any: Date of start of first 1 30.06.2023 instalment: 8Date of Final instalment 31.12.2034 II. Restructuring details, if any Date of restructuring Nil 1 2Revised rate of interest: 3Revised tenure: 4Restructuring details if any: III. Budget details 2801-05-190-00-1 1-310-312 (Assistance to APTransco Ltd I Head of Account: for servicing of Vidyut Bonds.) 2Financial Year: Budget FY 2023-24 3Budget Estimate (Rs Cr) 1042,44,00,000 Budget Expenditure till date 273,11,69.0141- 4 (Rs Cr): 5Budget available (Rs Cr): 769,32,30,9861- IV. Outstanding details Loan repayment done till Principal :64.60 I date (Rs Cr): lnterest : 89.61 as on22.08.2023 2Previous GO issued forG.O.Rt.No. 78 Energy (Power III) Department Dated repayment 2s.07.2023. 3Loan Outstanding amount Rs. 3885.43 Crs (Rs Cr) Principal - Rs. 2563 Crs & Total Interest - Rs. 1322.43 Crs Rs.3744.43 Crs Outstanding amount as on 4 Principal - Rs. 2498.60 Crs date22.08.2023: Interest - Rs. 1245.83 Crs V. Repayment details Current due repayment is for 01.08.2023 to 31.08.2023 for 3l days 1 period: Rs. 34,72,38,8771- Principal: Rs. 5,62,50,000/- Current due amount proposed 1 2 Interest: Rs. 19,09,88,877 l- (Rs): U.O. No. FIN0l-FMUOBES(IIE)Illl2023-FMU-IIEIC 3 Finance Concurrence: (C.No.2056 922), D ated 30.05.2023. : 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 APPFCL.5. The Managing Director, Andhra Pradesh Power Finance Corporation Limited (APPFCL) Vijayawada shall take necessary action accordingly. 6. Following are the drawing and disbursing details Sl.No. Details Particulars of DDO, Energy Department/ Account I of APPFCL ldetails I Drawing and lAsst. Secretary to Govt., Disbursing Officer len..gy Department, A.P. Secretalarl Cheque to be issued in IaPPPCI- Current Account 11 favour of szr n46l6s3 [No. lll ank Bank of India, SMC Branch, Ramavarappadu, \ayawada IV C Code 00 1 6576 PANNo. To857D v VI tltilization certificate to be Managing Director, APPFCL, Vij ayawada l-" issued by (BY ORDER AND IN THE NAME OF THE GOVERNOR OF ANDHRA PRADESH) K. VIJAYANAND SPECIAL CHIEF SECRETARY TO GOVERNMENT To The Managing Director, A. P. Power Finance Corporation Ltd., Vijayawada' The Member Convenor, APPCC, Vijayawada. The Assistant Secretary to Govt., & Drawing and Disbursing Officer, Energy department, A.P. Secretariat. The Chairman & Managing Director, APTRANSCO, Vijayawada. The Energy (OP) depatment. Copy to: The Director of Treasuries and Accounts, A.P., Mangalagiri. The Pay & Accounts Officer, A.P., Mangalagiri. The Principal Accountant General (A&E), A.P., Mangalagiri. The Finance (FMU-I&I, Energy, I&C) Department. The P.S. to Special Chief Secretary to Govt. Energy Dept. SF/SC. (Computer No: 2052124) // FORWARDED: BY ORDER // S: ON OF'FICER q'/