Gazette No 178: Energy Dept. - APPFCL - B.E.2022-23 – Principal & Interest payment of Rs.121,22,55,707/- towards payment of 10th Quarter on APPFCL Bond Series 2/2020 – Administrative Sanction – Orders - Issued.

Registered No. HSE-49/2016 PART I EXTRAORDINARY No.521 AMARAVATI, MONDAY, MAY 22, 2023 G.178 NOTIF ICATIONS BY GOVERNMENT --x-- GOVERNMENT OF ANDHRA PRADESH ABSTRACT Energy Dept. - APPFCL - B.E.2022-23 – Principal & Interest payment of Rs.121,22,55,707/- towards payment of 10th Quarter on APPFCL Bond Series 2/2020 – Administrative Sanction – Orders - Issued. ENERGY (POWER-III) DEPARTMENT G.O.Rt.No.3 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.131, Energy (Power-III) dept., dt.14.10.2022. 3. From the Managing Director, APPFCL, Lr.No.MD/CFO/APPFCL/ D.No.13/2022, 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 towards the APPFCL Bond Series 2/2020 for Rs.121,22,55,707/- due on 29.01.2023 (i.e. fixed Principal amount Rs.83,33,33,333/- @ 4.1667% on Rs.2000 Crs & Interest amount Rs.37,89,22,374/- @ 8.2% on Rs.1833.33 Crs) for the period from 29.10.2022 to 28.01.2023. 2. After careful examination, Government hereby accord Administrative Sanction for Rs.121,22,55,707/- (Rupees one hundred and twenty one crore twenty two lakhs fifty five thousand seven hundred and seven only) to Managing Director, A.P. Power Finance Corporation Ltd. to arrange payment of Principal & Interest for APPFCL Bond Series 2/2020 due on 29.01.2023 from HoA:2801-05-800-00-11-310-312-VN(Assistance to Andhra Pradesh Transmission Corporation Ltd. for servicing Vidyut Bonds) under B.E.2022-23 as detailed hereunder : I. Loan Details 1 Loan Amount (Rs Cr): 2000 2 Name of Bank/FI from which APPFCL Unsecured, Unrated, Unlisted, loan obtained: Redeemable, Taxable Non – Convertible Bonds Series 2/2020 3 Loan Tenure (years, months): 8 Years 4 Loan taken date: 29.07.2020 5 Rate of interest: 8.20 % 6 Moratorium details, if any: 2 Years 7 Date of start of first instalment: 29.10.2022 8 Date of Final instalment: 29.07.2028 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 166,66,66,667 (Rs): 2 Previous GO issued for G.O.Rt.No.131, Energy (Power-III) Dept., repayment (vide references dated.14.10.2022. above): 3 Loan Outstanding amount (in 2000 Crs): 4 Outstanding amount as on 1833.33 date: (in Crs) i.e., 04.01.2023. V. Repayment details 1 Current due repayment is for 29.10.2022 to 28.01.2023 for 92 days period:2 Current due amount proposed Rs.121,22,55,707/- (In Rs ): (Principal Amount: 83,33,33,333 on Rs. 2000 Crs fixed amount @ 4.1667% Interest Amount: Rs.37,89,22,374/- for period from 29.10.2022 to 28.01.2023 for 92 days @ 8.20% 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