Registered No. HSE-49/2016
PART I EXTRAORDINARY
No.198 AMARAVATI, WEDNESDAY, FEBRUARY 9, 2022 G.1075 NOTIFICATIONS BY GOVERNMENT
--x--File No.ENE01/436/2021-POWER-III GO RT/325/2021/ENE01-Energy
GOVERNMENT OF ANDHRA PRADESH
ABSTRACT
APPFC - Interest Payment - Regular half-year interest payment on APPFCL Bond Series I/2012 & 2/2012 due on 01.01.2022 - Administrative Sanction - Orders - Issued. ================================================= ENERGY (POWER-III) DEPARTMENT
G.O.Rt.No.179. Dated 17/12/2021. Read the following:
1. G.O.Ms.No.134, Finance (DCM-III) dept., dt.31.05.2014. 2. G.O.Rt.No.1457, Finance (FMU-I&I, Energy, I&C) dept., dt.23.06.2021. 3. G.O.Rt.No.73, Energy (Power-III) dept., dt.16.06.2021. 4. From the M.D., APPFCL, Lr.No.MD/CFO/APPFCL/D.No.491/2021,
dt.10.12.2021.
*****
ORDER:
In the reference 4th read above, the Managing Director, APPFCL has requested the Govt., for sanction of Rs.25,83,20,600/- towards regular half yearly interest payment for the APPFCL Bond Series 1/2012 & 2/2012 due on 01.10.2022.
2. After careful examination, Government hereby accord administrative sanction for an amount of Rs.25,83,20,600/- (Rupees twenty fve crores eighty three lakhs twenty thousand and six hundred only) towards regular half yearly interest to be paid on APPFCL Bond Series 1/2012 & 2/2012 issued by APPFCL due on 01.10.2022. The following are the interest payment details to be paid to APPFCL Bond Series 1/2012 & 2/2012: -
| L oan taken details | ||||
| Sl. No. | Loan particulars | |||
| 1 | Loan particulars | Series 1/2012 Option Series 1/2012 Series 2/2012 A Option B | ||
| Loan amount (Rs. Cr): | Rs.26.30 Crs. Rs.100.80 Crs. Rs.404.60 Crs. | |||
| 2 Name of the Bank / FI from which loan sanctioned | APPFCL unsecured, Taxable APPFCL Bonds Series 1/2012 & 2/2012 | |||
| 3 | Loan tenure (years, months) | 10 years | 12 years 10 years | |
| 4 | Loan taken date | 08.06.2012 | 08.06.2012 18.07.2012 | |
| 5 6 Moratorium details, if any 7 Date of start of frst instalment | Rate of Interest | 9.50% | 9.64% 9.75% | |
| NA | NA | NA | ||
| 07.07.2012 | 01.07.2012 | 01.07.2012 | ||
| 8 Date of fnal instalment | 08.06.2022 | 08.06.2024 | 18.07.2022 | |
| II. Restructuring details, if any | ||||
| 1 Date of restructuring | Nil | Nil | 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 AP Transco Ltd., for servicing of Vidyut Bonds) | |||
| 2 | Financial year | Budget 2021-22 | ||
| 3 | Budget estimate (Rs. Crs.) | 884,41,00,000/- | ||
| 4 | Budget expenditure (Rs. Cr). | 442,76,16,787/- | ||
| 5 | Budget available as on date (Rs. Cr) | 441,64,83,213/- | ||
| IV. Outstanding details | ||||
| 1 | Loan repayment done till date (Rs. Cr) | Principal not yet started. Paying regular half yearly interest payment | ||
| 2 3 | Previous GOs issued for repayment (vide reference above) | G.O.Rt.No.73, Energy (Power-III) dept., dt.16.06.2021 | ||
| Loan outstanding amount (Rs. Cr) | Series 1/2012 Option A of Rs.26.30 Crs., & total interest - Rs.83.69 Crs, | Series 1/2012 Option B of Rs.100.80 Crs., & total interest - Rs.325.52 Crs. | Series 2/2012 of Rs.404.60 Crs., & total interest - Rs.1321.52 Crs. | |
| 4 Outstanding amount as on date | Principal - Rs.26.30 Crs., & interest - Rs.2.32 Crs., as on 10.12.2021 | Principal - Rs.100.80 Crs. & interest - Rs.28.48 Crs., as on 10.12.2021 | Principal - Rs.404.60 Crs. & interest - Rs.41.28 Crs as on 10.12.2021 | |
| V. Repayment details | ||||
| 1 | Current due repayment is for period | Regular half yearly interest payment from 01.07.2021 to 01.01.2022 | ||
| 2 | Current due amount proposed (Rs. Cr) | Regular half yearly interest payment due on 01.01.2022 Series 1/2021 of Rs.26.30 Crs Option A @ 9.50% - 1,24,92,500/- Series 1/2012 of Rs.100.80 Crs Option B @ 9.64% - 4,85,85,600/- Series 2/2012 of Rs.404.60 Crs @ 9.75% 19,72,42,500/- Total Rs.25,83,20,600/- | ||
| 3 | Finance concurrence | G.O.Rt.No.1457, Finance (FMU-I&I, Energy, I&C) dept., dt.23.06.2021 |
3. Following are the drawing and disbursing details: -
Sl.No. Particulars of DDO Account details of APPFCL
1 Drawing and Disbursing
Officer
Assistant Secretary to Government, Energy department, A.P. SecretariatFile No.ENE01/436/2021-POWER-III GO RT/325/2021/ENE01-Energy
| 2 | Cheque to be issued in favour of | APPFCL Current A/c.No.52117468653 |
| 3 4 | Bank | State Bank of India, SMC Branch, Ramavarappadu, Vijayawada |
| IFSC Code | SBIN0016576 | |
| 5 | PAN No. | AADCA0857D |
| 6 | Utilization certifcate to be issued by | C&MD, APTRANSCO & Chairman, APPCC, MD, APPFCL, Vijayawada |
(BY ORDER AND IN THE NAME OF THE GOVERNOR OF ANDHRA PRADESH) SRIKANT NAGULAPALLI SECRETARY TO GOVERNMENT To The Chairman & Managing Director, APTRANSCO & Chairman, APPCC, Vijayawada. The Managing Director, APPFCL, Vijayawada. The Assistant Secretary to Govt., & Drawing and Disbursing Officer, Energy Department. 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 for information. The Finance (Budget-I) Department for information. SF/SC. (File No.ENE01/436/2021-Power-III Computer No.1392301)
// FORWARDED :: BY ORDER //
SECTION OFFICER