Registered No. HSE-49/2016
PART I EXTRAORDINARY
No.200 AMARAVATI, WEDNESDAY, FEBRUARY 9, 2022 G.1077 NOTIFICATIONS BY GOVERNMENT
--x--File No.ENE01/294/2020-POWER-III-Part(3) GO RT/333/2021/ENE01-Energy
GOVERNMENT OF ANDHRA PRADESH
ABSTRACT
APPCC/APDISCOMs – Sanction of Rs.159,32,10,807/- towards principal 1st installment of Rs.69,60,50,000/- and interest of Rs.89,71,60,807/- for the month of December, 2021 for arranging payment to APPFCL debt servicing - Administrative sanction - Orders – Issued ======================================================== ENERGY (POWER-III) DEPARTMENT
G.O.Rt.No.186 Dated:27.12.2021 Read the following:
1. G.O.Rt.No.1767, FINANCE (FMU-I&I, Energy, I&C) dept., dt: 28.07.2021.
2. From the Chairman, APPCC, Lr. No. APPCC/ CGM - F/GM- Co- ord /DGM - C /AO/JAO/D. No. 2757/21, dt.21.12.2021.
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O R D E R:
In the G.O.1st read above, Finance dept., vide G.O.Rt.No.1767, Finance (FMU- I&I, Energy, I&C ) dept., dt.28.07.2021 have issued Budget Release Order for an amount of Rs.1392,94,00,000/- (Rupees one thousand three hundred ninety two crores and ninety four lakhs only) as additional funds to Energy dept., in relaxation of treasury control and quarterly regulation orders pending provision of funds by obtaining supplementary grant at an appropriate time during the C.F.Y 2021-22 towards payment of Principal/Interest on Loans taken by APDISCOMS to APPFCL under HoA: 2801-80-800-00-06-310-312 i.e., Assistance to APDISCOMs.
2. In the reference 2nd read above, the Chairman, APPCC has requested the Government to provide necessary grant-in-aid to arrange payment of an amount of Rs.159,32,10,807/- towards principal installment and interest amount to be paid to A.P. Power Finance Corporation Ltd., which is due on 31.12.2021 for the month of December, 2021 from the HoA of 2801-80-800-06-310-312 (Assistance to APDISCOMs).
3. After careful examination, Government hereby accord Administrative sanction for an amount of Rs.159,32,10,807/- (Rupees one hundred fifty nine crores thirty two lakhs ten thousand eight hundred and seven only) to APPCC towards 1st installment of principal of Rs.69,60,50,000/- and interest of Rs.89,71,60,807/- to be paid to A.P. Power Finance Corporation Ltd., for the monthFile No.ENE01/294/2020-POWER-III-Part(3) GO RT/333/2021/ENE01-Energy of December, 2021 from the current FY 2021-22, in relaxation of quarterly regulations and the details are as follows:-
| I . Loan Taken Details | ||
| 1 | Loan Amount (Rs Cr): | Rs.11737.05 |
| 2 | Name of Bank/FI from which loan obtained: | APPFCL |
| 3 | Loan Tenure (years, months): | 10/15 years |
| 4 | Loan taken date: | various spells |
| 5 | Rate of interest: | 9% |
| 6 | Moratorium details, if any: | 24 months / 36 months |
| 7 | Date of start of first instalment: | 31-12-2021 |
| 8 | Date of Final instalment : | various spells |
| I I. Restructuring details, if any | ||
| 1 | Date of restructuring: | Nil |
| 2 | Revised rate of interest: | -- |
| 3 | Revised tenure: | -- |
| 4 | Restructuring details if any: | -- |
| I II. Budget details | ||
| 1 | Head of Account: | 2801808000006310312 Assistance to APDISCOMS |
| 2 | Financial Year: | Budget 2021-22 |
| 3 | Budget Estimate (In Rs): | 1392,94,00,000.00 |
| 4 | Budget Expenditure till date (In Rs) | 1232,65,19,214.00 |
| 5 | Budget available as on date (In Rs) | 160,28,80,786.00 |
| I V. Outstanding details | ||
| 1 | Loan repayment done till date (Rs Cr): | Principal amount payment is not yet started, paying only regular monthly interest. |
| 2 | Previous GOs issued for repayment (vide references above): | -- |
| 3 | Loan Outstanding amount (Rs Cr): | Rs.20,407.67 Cr (Principal: Rs.11737.05 Cr and Interest: Rs.8670.62 Cr) |
| 4 | Outstanding amount as on date: | Rs. 19,273.81 Cr (Principal: Rs.11737.05 Cr and Interest: Rs.7500.76 Cr) |
| V . Repayment details | ||
| 1 | Current due repayment is for period: | December/2021 Regular interest |
| 2 | Current due amount proposed (Rs Cr): | Rs. 159,32,10,807.00( Principal : Rs.69,60,50,000/- and Interest: Rs. 89,71,60,807/-) |
| 3 | Finance Concurrence: | G.O.Rt.No.1767, FINANCE (FMU-I&I, Energy, I&C) Dept., dt: 28.07.2021. |
4. Following are the drawing and disbursing details:
| Sl. No. | Particulars of DDO, Energy Department/Account Details of APPCC / APDISCOMs | |
| i | Drawing and Disbursing Officer | Assistant Secretary to Government, Energy Department, A.P. Secretariat |
| ii | Cheque to be issued in favour of | APPCC Current Account No. 52117479223 |
| iii | Bank | State Bank of India, Commercial Branch, Ramavarappadu, Vijayawada |
| iv | IFSC Code | SBIN0016576 |
| v | PAN No | AABCT0088P |
| vi | Utilization certificate to be issued by | The Chairman, APPCC & Managing Director, APPFCL, Vijayawada |
(BY ORDER AND IN THE NAME OF THE GOVERNOR OF ANDHRA PRADESH) SRIKANT NAGULAPALLI SECRETARY TO GOVERNMENT To The Chairman, APPCC, Vijayawada. The Managing Director, A.P. Power Finance Corporation Ltd, Vijayawada. The Assistant Secretary to Government. & Drawing & 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. The Finance (Budget-I) Department. SF/SC. (File No.ENE01/294/2020-Power-III-Part (3) - Comp.No.1394810)
// FORWARDED :: BY ORDER //
SECTION OFFICER