Gazette No 3672: Energy Dept. - Budget 2023-24 - Principal & Interest payment of Rs.59,95,98,9041- towards Redemption of APPFCL Bond Series ll20l1 Option B @ 9.6%o due on 15-12-2023, Administrative Sanction - Orders - Issued

Registered No. HSE-49/2016 GOVERNMENT OF ANDHRA PRADESH ABSTRACT Energy Dept. - Budget 2023-24 - Principal & Interest payment of Rs.59,95,98,9041- towards Redemption of APPFCL Bond Series ll20l1 Option B @ 9.6%o due on 15-12-2023, Administrative Sanction - Orders - Issued. ENERGY (POWER-III) DEPARTMENT G.O.Rt.No.126 Dated: 08.12.2023. 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 .2408, FinPaAncRe T(F MI U E-IX&IT, REnAerOgyR, DI&ICN) ADeRpYt ., dt.30.05.2023. 3. G.O.Rt.No. 103, Energy (Power-III) dept., dt.21.09.2023. No.53 AMARAVATI, WEDNESDAY, JANUARY 10, 2024 G.3672 4. From the Managing Director, APPFCL, letter No. MD/CFO/APPFCL/D.No. 683 12023, dt. 1 6. tt.2023. NOTIFICATIONS BY GOVERNMENT ,rr@... --x-- ORDER: In the letter 4th read above, the Managing Director, Andhra Pradesh Power Finance Corporation Limited (APPFCL) has requested the Government to release an amount of Rs.59,95,98,9041- towards Principal & Interest payment for the period from 01 .10.2023 to 14.12.2023 i.e., for 75 days on the APPFCL Bond Series ll20ll Option B @9.60% due on 15.12.2023. 2. After careful examination, Government hereby accord Administrative Sanction for Rs.59,95,98,9041- (Rupees fifty nine crore ninety five lakh ninety eight thousand nine hundred and four only) to Managing Director, A.P. Power Finance Corporation Ltd. towards redemption of APPFCL Bonds Series ll20l1 Option B @ 9.60%" due on 15-12-2023 (i.e.,) Principal payment of Rs.58.80 crs & Interest payment of Rs. 1,15,98,904 @ 9.60% for the period from 01 .10.2023 to 14.12.2023 i.e. for 15 days) due on 15.12.2023 from the Head of Account : 2801-05-190-00-11-310-312-\rN (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 1 Loan Amount (Rs Cr) Rs. 60 us 712071 Option B Name of Banl</FI from which APPFCL Unsecured, Unrated, Unlisted, Redeemable, 2 ll20ll loan obtained: Taxable Non Convertible Bonds Series Option B Ja Loan Tenure (years, months): 12 years 4Loan taken date: t5.t2.2011 5Rate of interest: 9.60% 6Moratorium details, if any: 7Date of start of first instalment: 0t.04.2012 8Date of Final instalment: 15.t2.2023if details, Date of restructuring: Nil 1 2Revised rate of interest Ja Revised tenure 4Restructuring details if any III. Budget details Head of Account: 2801-05- 190-00- 1 1-3 10-3 12 (Assistance to APTransco 1 Ltd for servicing of Vidyut Bonds.) 2Financial Year Budget FY 2023-24 JBudget Estimate (Rs) 7042,44,00,000 Budget Expenditure(Rs): till 489,17,13,727 4 date: 5Budget available (Rs): 553,26,26,873 IV. Outstanding details Rs.1.22 Cr (Principal Rs.1.2 Crs + Loan repayment done till date 1 lnterest : Rs.0.02 Cr) 2Previous GO issued for G.O.Rt.No. 103, Energy (Power III) Department, repayment dt.21.09.2023. 3Loan Outstanding amount Rs. 118.74 Crs (Principal - Rs. 60.0 Crs Total Interest - Rs.58.74 Cr) Rs. 59.96 Cr 4Outstanding amount as on date (Principal - Rs. 58.8 Cr Interest - Rs. 1 . 16 Cr as on 16- 1 l-2023) V. Repayment details Current due repayment is for 0l-10.2023 to 14.122023 for 75 days 1 period: Rs. 59,95,98,9041- Current due amount proposed (Principal: Rs.5 8,80,00,000/- 2 (Rs): Interest : 7,7 5,9 8,9 0 4 I -) 3. The Assistant Secretary to Govt., & Drawing and Disbursing Officer, Energy Department, A.P. Secretariat shall remit the amount sanctioned in para2 above in the Bank Account of APPFCL. 4. The Managing Director, Andhra Pradesh Power Finance Corporation Limited (APPFCL) Vijayawada and Member Convenor, APPCC shall take necessary action accordingly. 5. Following are the drawing and disbursing details: Sl.No Details of DDO, Energy Department/ Account lParticulars of APPFCL ldetailswing and Secretary to Govt., Officer Department, A.P. Secretariat 1l Cheque to be issued in laPPf'Cl Current Account favour of szr n46B6s3 [No. 111 Bank lState Bank of India, SMC Branch, Ramavarappadu, lvlaya*aaa IV IFSC Code lserNooroszo PAN No. laaocaosszo V1 Utilization certificate to be Ittre Managing Director, APPFCL, Vijayawada and lr., issued by APPCC, Vijayawada. 6. This order issues with the concurrence of the Finance department vide their U. O. No FIN01- FMUOBES (IIEyl112}Z3-FMU-IIEIC (Computer No.2056922), dt:07.12.2023. (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, 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) //FORWARDED :: BY ORDER// s, OFFICER