Gazette No 1240: Energy Dept. - APPFCL - Budget 2023-24 - Sanction of Principal & Interest payment on APPFCL Bond Series 212020 - Administrative Sanction - Orders - Issued

Registered No. HSE-49/2016 GOVERNMENT OF ANDHRA PRADESH ABSTRACT Energy Dept. - APPFCL - Budget 2023-24 - Sanction of Principal & Interest payment on APPFCL Bond Series 212020 - Administrative Sanction - Orders - Issued. ENERGY (POWER-III) DEPARTMENT G.O.Rt.No.108 Dated:12.10.2023 Read the following: 1. G.O.Ms.No.35, dt: 30.05.2018 amended as G.O.Ms.No.28, Energy (Power-III) dept., d1.05.09.2019. 2. G. O.Rt.No .7 7, Ener g Py A(P Ro Twe Ir - I I EI) Xde Tp Rt., A dtO.20R.0D7 I.2N02A3RY 3. From the Managing Director, APPFCL, Lr.No.MD/CFO/APPFCL/ D.No.60112023, No.1378 AMARAVATI, FRIDAY, NOVEMBER 17, 2023 G.1240 dt.09.r0.2023. NOTIFICATION>S>> @B<Y<< GOVERNMENT --x-- ORDER: In the reference 3rd read above, the Managing Director, A.P. Power Finance Corporation Ltd. has requested the Government to sanction Rs.44,10,80,130/- towards Principal & Interest payment on APPFCL Bond Series 212020 due on 29.10.2023 (i.e., Fixed Principal amount of Rs. 31,67,08,3341- @ 4.1667% on Rs. 665.09 Crs & Interest amount of Rs. 12,43,J1,7961- @ 8.2 o/o on the outstanding principal amount of Rs. 601.74 Crs for the period from29.07.2023 to 28.10.2023 ) 2. After careful examination, Government hereby accord Administrative Sanction for Rs.44,10,80,130/- (Rupees forty four crore ten lakh eighty thousand one hundred and thirty only) to Managing Director, A.P. Power Finance Corporation Ltd. towards Principal & Interest payment on APPFCL Bond Series 212020 due on 29.10.2023 from HoA: 2801-05- 190-00-11-310-312-VN (Assistance to Andhra Pradesh Transmission Corporation Ltd. for servicing of Vidyut Bonds) for CFY 2023 -24 as detailed hereunder : I. Loan Details 1 Loan Amount (Rs Cr) lzooo 2Name of Bank/FI from which leennCl Unsecured, Unrated, Unlisted, Redeemable, loan obtained: lTaxable Non - Convertible Bonds Series 212020 a J Loan Tenure (years, months): l8 Years Loan taken date lzs.ot.zozo 5 Rate of interest: lg.zo " any: traorato.iu- aetaiti, if lz Years 7Date of start of first instalment: IZO.|O.ZOZZ Date of Final instalment lzg.ot.zozs II. Restructuring details,.if anyof Nil 1 Revised rate of interest: Revised tenure Restructuring details if any: III. Budget details I Head of Account 2801-05-190-00-1 i-310-312 (Assistance to A.P. Transco Ltd for servicing of Vidyut Bonds.) Financial Year: Budget 2023-24 Ja Budget Estimate (ln Rs) 7042,44,00,000/- 4Budget Expenditure till date (In 3 80,52,09,5 14 Rs): 5Budget available as on date (In 667,91,97,486 Rs): IV. Outstanding details 1 Loan repayment done till date Principal repayment commenced from 29.07 .2022 (Rs): GoAP Sanctioned funds - Paying Regular Qtrly Interest Payment. Rs. 745,13,25,6231- (Principal Rs. 313,34,76,6681- & Interest Rs. 431,79,09,9551-) APPFCL reoayuoeut sfBonds from the funds repaid by the APDiscoms: Rs. 1099,29'27,9231- (Principal Rs. 1084,91,25,0001- & Interest Rs. I 4,38,02,923 I -) 2Previous GO issued for G.O.Rt.No.77,Energy Power III Dept., Dated repayment (vide references 20.07.2023. above): JLoan Outstanding amount (in Rs.2799.68 Crs Crs): Principal - Rs. 2000 Crs & Total Interest - Rs. 799.68 Crs 4Outstanding amount as on date: Rs.725.19 (in Crs) r.e., 18.04.2023. (Principal - Rs. 601.74) (Interest - Rs. 123.45) V. Repayment details Current due repayment is for 1 period: 29.07.2023 to 28.10.2023 for 92 days 2Current due amount proposed (In Rs. 44,10,80,130/- Rs ): Principal Amount on Rs. 665.09 Crs @ 4.1667oh rs of Rs. 3 1,67,08,3341-(fixed Quarterly principal amount) lnterest Amount for period from29.07.2023 to 29 .10 .2023 for 92 days @ 8.20% on Rs. 601 .7 4 Crs i.e.12 J1 71 7961- JFinance Concurrence: I 3. Following are the drawing and disbursing details: Sl.No. Details Particulars of DDO, Energy Department/ Account details ofAPPFCL I Drawing and Asst. Secretary to Govt., Disbursing Officer Energy Department, A.P. Secretariat ll Cheque to be issued in APPFCL Current Account favour of No.52117468653 lll Bank State Bank of India, SMC Branch, Ramavarappadu, Vijayawada 1V IFSC Code sBrN0016576 PAN No. AADCAO85TD VI Utilization certificate to be The Managing Director, APPFCL, Vijayawada 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., Vijayawada. The Finance (FMU-I&I, Energy, I&C) Dept The P.S. to Special Chief Secretary to Govt. Energy Dept. SF/SC. (Computer No: 2055274) /IFORWARDED: : BY ORDER// C 1 \,, r ON OFFICER 6W