Gazette No 4030: Energy Dept. - Budget 2023-24 - Principal and Interest payment for the month of March,2024 on the APPFCL Term Loan of Rs.2384.01 Crs @ 9% due on 31.03.2024 - Administrative Sanction - Orders - Issued.

Registered No. HSE-49/2016 GOVERNMENT OF ANDHRA PRADESH ABSTRACT Energy Dept. - Budget 2023-24 - Principal and Interest payment for the month of March,2024 on the APPFCL Term Loan of Rs.2384.01 Crs @ 9% due on 31.03.2024 - Administrative Sanction - Orders - Issued. ENERGY (PO WER-III) DEPARTMENT G.O.Rt.No.41 Dated:l3.03.2024 Read the following: L. G.O.Ms.No.35, dt: 30.05.2018 amended as G.O.Ms.No.28, Energy (Power.II! Dept., dt.05.09.2019. 2. G.O.Rt.No.2408, FinaPnAceR (F TM IU I - l& El,E Xn Te Rrg Ay,I O&C R) D DIeNpAt., RdYt.30.05.2023. 3. G.O.Rt.No.28, Energy (Power-lll) Dept., dt.l 5.02.2024 No.68 4. From the MaA nM agA inR gA DVA ireT cI, t oW r,E AD PN PE FS CD L,A Y Lr, . NM oA .MR DC /H C F1 O3, / A2 P0 P24 FCL/ D.No.90812024G , .4030 c1t.06.03.2024. ,ru@... NOTIFICATIONS BY HEADS OF DEPARTMENTS, Etc. --x-- ORDt]R: In the Government Order 2nd read above, Government have issued Budget Release Order for an amount of Rs.542,44,00,000/- as additional funds in relaxation of treasury control orders pending provision of funds by obtaining supplementary grants at an appropriate time during the l CFY 2023-24 towards the Principal/lnterest payment on APPFCL term loan for l months of cFY 2023-24. 2. In the letter 4th read above, the Managing Director, Andhra Pradesh Power Finance Corporation Ltd., (APPFCL) has requested the Government to release an amount of Rs.59,84,31,9101- towards Principal & Interest payment for the month of March,2024 onthe APPFCL Term Loan of Rs.2384.01 Crs @9% due on 31.03.2024 3. After careful examination, Government hereby accord Administrative Sanction for Rs.59,84,3 l,9l0l- (Rupees fifty nine crore eighty four lakh thirty one thousand nine hundred and ten only) to Managing Director, A.P.Power Finance Corporation Ltd. to arrange payment of Principal & Interest payment for the month of March, 2024 on the APPFCL Term Loan of Rs.2384.01 Crs @ 9% due on 31.03.2024 from HoA: 2801-05-190-00-11-310-312-\,rN (Assistance to Andhra Pradesh Transmission Corporation Ltd. for servicing Vidyut Bonds) in relaxation of treasury control and quarterly regulation orders during CFY 2023-24 and details are hereunder: I. Loan Details Loan z\mount (Rs Cr) 2,563 Name of Bank/FI from which Banks/F inancial Institutions loan obtained: Loan Tenure (years, months) 12 Yearstaken date: 1.04.2023 Rate of interest 9% Moratorium details, if any: Date of start of first 30.06.2023 instalment: Date of Final instalment: 3l.12.2034 II. Restructuring details, if any Date of restructuring Nil Revised rate of interest Revised tenure Restructuring details if any: III. Budget details I Head of Account: 2801-05-190-00-l l-310-312 (Assistance to A.P. Transco Ltd for servicing of Vidyut Bonds.) Financial Year: 2023-24 3Budget Estimate ( Rs Cr): 1042,44,00,0001- 4Budget Expenditure till date ( 895,86,71 ,7311- Rs Cr): 5Budget available as on date ( 146,57,28,2691- Rs Cr): IV. Outstanding details Loan repayment done till Principal Rs. 178.99 Crs as on 06.03.2024 1 date ( Rs Cr): Interest Rs. 205.38 Crs as on 06.03.2024 Previous GO issued forG.O.Rt.No. 28, Energy (Power III) Dept., dt.15.02.2024 repayment: Loan Outstanding amount Rs. 3885.43 Crs (Rs Crs): Principal - Rs. 2563 Crs Interest - Rs. 1322.43 Crs Outstanding amount as on Rs.3501.06 Crs 06.03.2024: Principal - Rs. 2384.01 Crs Interest - Rs. I 1 17.05 Crs V. Repayment details I Current due repayment is for period: 0l .03.2024 to 3 I .03.2024 for 3 I days 2Current due amount proposed Rs. 59,84,3 l,9l0l- (ln Rs ): Principal - Rs. 41,67,00,000/- & Interest - Rs.18,17,31,9101- for the month of March 2024 on APPFCL Term Loan of @9%o Rs.2384.01 Crs due on31.03.2024. 3Finance Concurrence U. O.No.FN0 I -FMU0B ES (IIE)/ I I I 2023 -FMU-IIEIC (C.No.205 6 922), dt.3 0.0 5 .20234. Thc 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 APPI'CL. 5. The Managing Director, Andhra Pradesh Power Finance Corporation Ltd, (APPFCL) Vijayau'ada shall take necessary action accordingly. 6. Following are the drawing and disbursing details: Sl.No. Details Particulars of DDO, Energy Department/ Account details of APPFCL Drawing and Asst. Secretary to Govt., t Disbursing Officer Energy Department, A.P. Secretariat n Cheque to be issued in APPFCL Current Account flavour of No. 521 17468653 lll Bank State Bank of India, SMC Branch, Ramavarappadu, Vijayawada lv IFSC Code sBrN0016s76 v PAN No. AADCAOS5TD 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 Mernber 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 Prirrcipal 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: 2052124) //FORWARDED: : BY ORDER// S J1amtu^!^ T SECTION OFFICER