Home India ENE01-E- ENERGY RT-40: Energy Department - Sanction of Rs.42,19,11,250/-to A...
Date: 2012-03-17 Category: Andhra Pradesh GOIR State: Andhra Pradesh Country: India

RT-40: Energy Department - Sanction of Rs.42,19,11,250/-to APTRANSCO towards payment of half yearly Interest on APTRANSCO Vidyut Bonds series I/2006, II/2006, I/2007 and I/2008 due on 01.04.2012- Administrative orders-Issued.

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GOVERNMENT OF ANDHRA PRADESH ABSTRACT Energy Department - Sanction of Rs.42,19,11,250/-to APTRANSCO towards payment of half yearly Interest on APTRANSCO Vidyut Bonds series I/2006, II/2006, I/2007 and I/2008 due on 01.04.2012- Administrative orders-Issued. ---------------------------------------------------------------------------------------------- ENERGY (POWER.III) DEPARTMENT G.O.Rt.No. 40 Dated.17-03-2012. Read the following:- 1.G.O.Ms.No.30, Energy (Power.III) Department, dated 09.03.2006. 2.G.O.Rt.No.3437, Finance (DCM.I) Department, Dated 29.08.2011. 3. G.O.Rt.No.139, Energy (Pr.III) Department, Dt.03.09.2011 4. From the Director (Finance & Rev), APTRANSCO, Hyderabad, Lr.No. FA&CCA(CF)/SAO(L)/AO(L)/D.No.265/2012, Dt.13.02.2012. 5. G.O.Rt.No.825, Finance (DCM.I) Department, Dt.09.03.2012. -o0o- O R D E R:- The Director (Finance & Rev.), APTRANSCO has requested the Government in the letter 4th read above, to sanction an amount of Rs.42,19,11,250/-towards payment of half yearly Interest on APTRANSCO Vidyut Bonds series I/2006, II/2006, I/2007 and I/2008 due on 01.04.2012 and to transfer the same to the No-Lien Accounts maintained with the banks, at least 10 days before the due date of payment i.e., by 22.03.2012. 2. Accordingly, BRO was issued by the Finance (W&M) Department for an amount of Rs.4219.12 lakhs in G.O. 5th read above. 3. In terms of orders issued in G.O. 5th read above, the Government, hereby accord administrative sanction for an amount of Rs.42,19,11,250/- (Rupees Forty two crores nineteen lakhs eleven thousand two hundred and fifty only) to APTRANSCO towards payment of half yearly Interest on APTRANSCO Vidyut Bonds series I/2006, II/2006, I/2007 and I/2008 due on 01.04.2012 and to transfer the funds to the No-Lien Accounts maintained with the banks, at least 10 days before the due date of payment of interest i.e. by 22.03.2012 as detailed below :- Details of Amount Option Rate of Due date Amount No-Lien APTRANSCO of Bonds Interest in Rs. Account for Vidyut Bonds in Crs. funds Series transfer I/2006 40.50 “I” 8.70% 01.04.2011 17617500 Axis Bank 159.50 “II” 8.95% 01.04.2011 71376250 Ltd., Sub Total -i 200.00 88993750 Begumpet, Hyderabad. II/2006 166.70 “A” 8.59% 01.04.2011 71597650 IDBI Bank 133.30 “B” 8.69% 01.04.2011 57918850 Ltd., Sultan Sub Total -ii 300.00 129516500 Bazar, Hyderabad I/2007 125.00 “A” 8.60% 01.04.2011 53750000 Sub Total-iii 125.00 53750000 I/2008 344.80 “I” 8.55% 01.04.2011 147402000 5.20 “II” 8.65% 01.04.2011 2249000 Sub Total-iv 350.00 149651000 TOTAL 975.00 42,19,11,250 4. The expenditure sanctioned in para 3 above, shall be debited to the head of account "2049. Interest Payments - 01.Interest on Internal Debt - MH.200. Interest on other Internal Debts-SH(26). Interest on loans taken by Government on Bonds raised by APTRANSCO - 450. Interest (Charged) for Rs.42,19,11,250/-. Contd..2.::2:: 5. The Assistant Secretary to Government, Energy Department shall draw and disburse the amount through a cheque obtained in favour of “Director (Finance & Revenue),APTRANSCO, Hyderabad. 6. The Director (Finance & Revenue), APTRANSCO shall submit the Utilization Certificate for the amount sanctioned in para (3) above. 7. This order issues with the concurrence of Finance (W&M) Department vide their U.O.No.5265/59/A1/DDCM.I/12, Dt.14.03.2012. (BY ORDER AND IN THE NAME OF THE GOVERNOR OF ANDHRA PRADESH) DINESH KUMAR PRINCIPAL SECRETARY TO GOVERNMENT To The Chairman & Managing Director, APTRANSCO, Hyderabad. The Director (Finance & Revenue), APTRANSCO, Hyderabad. Copy to: The Director of Treasuries & Accounts, Hyderabad for issue of authorization. The Pay and Accounts Officer, Hyderabad. The Dy Pay and Accounts Officer, Secretariat branch, Hyderabad. Energy (OP. Claims) Department The Finance (DCM.I) Department The Accountant General, AP, Hyderabad. [C.No.710/Power.III(2)/2012] SF/SCs. //Forwarded:: By Order// SECTION OFFICER

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