Gazette No 177: Energy Dept. - APPFCL - Budget 2022-23 – Principal & Interest payment of Rs.80,53,92,241/- towards 11th Quarter on APPFCL Bond Series 1/2020 – Administrative Sanction – Orders - Issued.

Registered No. HSE-49/2016 PART I EXTRAORDINARY No.520 AMARAVATI, MONDAY, MAY 22, 2023 G.177 NOTIFICATIONS BY GOVERNMENT --x-- GOVERNMENT OF ANDHRA PRADESH ABSTRACT Energy Dept. - APPFCL - Budget 2022-23 – Principal & Interest payment of Rs.80,53,92,241/- towards 11th Quarter on APPFCL Bond Series 1/2020 – Administrative Sanction – Orders - Issued. ENERGY (POWER-III) DEPARTMENT G.O.Rt.No.2 Dated:10.01.2023 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. 2. G.O.Rt.No.130, Energy (Power-III) dept., dt.14.10.2022. 3. From the Managing Director, APPFCL, Lr.No.MD/CFO/APPFCL/ D.No.12/2022, dt.04.01.2023. >>>@<<< O R D E R: In the reference 3rd read above, the Managing Director, A.P. Power Finance Corporation Ltd. has requested the Government to sanction Principal & Interest payment for APPFCL Bond Series 1/2020 for Rs.80,53,92,241/- due on 20.01.2023 (i.e. fixed Principal amount Rs.49,71,38,889/- @ 1789.7% on Rs.1789.7 Crs & Interest amount Rs.30,82,53,352/- @ 8.2 % on Rs.1491.41 Crs) for the period from 20.10.2022 to 19.01.2023. 2. After careful examination, Government hereby accord Administrative Sanction for Rs.80,53,92,241/- (Rupees eighty crore fifty three lakhs ninety two thousand twohundred and forty one only) to Managing Director, A.P. Power Finance Corporation Ltd. to arrange payment of Principal & Interest for APPFCL Bond Series 1/2020 due on 20.01.2023 from HoA:2801-05-800-00-11-310-312-VN (Assistance to Andhra Pradesh Transmission Corporation Ltd. for servicing Vidyut Bonds) for CFY 2022-23 as detailed hereunder : I. Loan Details 1Loan Amount (Rs Cr): 1789.7 2Name of Bank/FI from APPFCL Unsecured, Unrated, Unlisted, Redeemable, which loan obtained: Taxable Non – Convertible Bonds Series 1/2020 3Loan Tenure (years, 10 Years months): 4Loan taken date: 29.07.2020 5Rate of interest: 8.20 % 6Moratorium details, if any: 1 Year 7Date of start of first 20.07.2021 instalment: 8Date of Final instalment: 20.04.2030 II. Restructuring details, if any 1 Date of restructuring: 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 A.P. Transco Ltd for servicing of Vidyut Bonds.) 2 Financial Year: Budget 2022-23 3 Budget Estimate (In Rs): 2588,00,00,000 4 Budget Expenditure till date (In 2210,55,62,094 Rs): 5 Budget available as on date (In 377,44,37,906 Rs): IV. Outstanding details 1 Loan repayment done till date 298,28,33,333 (Rs): 2 Previous GO issued for G.O.Rt.No.130, Energy (Power-III) Dept., repayment (vide references dated.14.10.2022. above): 3 Loan Outstanding amount (in 1789.7 Crs): 4 Outstanding amount as on 1491.41 date: (in Crs) i.e., 04.01.2023. V. Repayment details1 Current due repayment is for 20.10.2022 to 19.01.2023 for 92 days period: 2 Current due amount proposed Rs.80,53,92,241/- (In Rs ): (Principal Amount: 49,71,38,889 on Rs. 1789.7 Crs fixed amount @ 2.7778% Interest Amount: Rs.30,82,53,352/- for period from 20.10.2022 to 19.01.2023 for 92 days @ 8.20% on Rs.1491.41 Crs. 3 Finance Concurrence: -- 4. Following are the drawing and disbursing details: Sl.No. Details Particulars of DDO, Energy Department/ Account details of APPFCL i Drawing and Asst. Secretary to Govt., Disbursing Officer Energy Department, A.P. Secretariat ii Cheque to be issued APPFCL Current Account in No. 52117468653 favour of iii Bank State Bank of India, SMC Branch, Ramavarappadu, Vijayawada iv IFSC Code SBIN0016576 v PAN No. AADCA0857D vi Utilization certificate to The Managing Director, APPFCL, Vijayawada be 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) 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. The Finance (Budget-I) Department. The P.S. to Special Chief Secretary to Govt. Energy Dept. SF/SC. (Computer No: 1695431) // FORWARDED: BY ORDER // SECTION OFFICER