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.

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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 4^th 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: -

Loan taken details

Sl.

No.

Loan particulars

1 Loan particulars

Series 1/2012 Option

Series

1/2012

Option B

Series 2/2012

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

18.07.2012

5 Rate of Interest

9.50%

9.64%

9.75%

6 Moratorium details, if

any

7 Date of start of frst

instalment

07.07.2012

01.07.2012

8 Date

fnal

08.06.2022

08.06.2024

18.07.2022

GO RT/325/2021/ENE01-Energy

File No.ENE01/436/2021-POWER-III

instalment

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 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 Previous GOs issued

for repayment (vide

reference above)

G.O.Rt.No.73, Energy (Power-III) dept., dt.16.06.2021

3 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

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

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

Drawing and Disbursing

Officer

Assistant Secretary to Government, Energy

department, A.P. Secretariat

GO RT/325/2021/ENE01-Energy

File No.ENE01/436/2021-POWER-III

Cheque to be issued in

favour of

APPFCL Current A/c.No.52117468653

Bank

State Bank of India, SMC Branch,

Ramavarappadu, Vijayawada

IFSC Code

SBIN0016576

PAN No.

AADCA0857D

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

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

GO RT/325/2021/ENE01-Energy

File No.ENE01/436/2021-POWER-III