No. 175]
CHENNAI, MONDAY, APRIL 21, 2025
Chithirai 8, Visuvaavasu, Thiruvalluvar Aandu-2056
Part II—Section 1
Notifications or Orders of specific character or of particular interest to the public
issued by Secretariat Departments.
NOTIFICATIONS BY GOVERNMENT
TAMIL NADU
GOVERNMENT GAZETTE
EXTRAORDINARY PUBLISHED BY AUTHORITY
©
[Regd. No. TN/CCN/467/2012-14.
GOVERNMENT OF TAMIL NADU
[R. Dis. No. 197/2009.
2025
[Price: Rs. 1.60 Paise.
[ 1 ]
Ex-II-1(175)
ENERGY DEPARTMENT
AMENDMENT TO THE TAMIL NADU ELECTRICITY RESTRUCTURING AND TRANSFER SCHEME, 2024.
[G.O. Ms. No. 40, Energy (B2), 21st April 2025, சித்திரைை 8, விசுவாாவசு, திருவள்ளுவர் ஆண்டு-2056.]
No. II(1)/EGY/7(h)/2025.
In exercise of the powers conferred by sub-sections (4), (5) and (6) of section 131 and section 133 of
the Electricity Act, 2003 (Central Act 36 of 2003), the Governor of Tamil Nadu hereby issues the following
amendments to the Tamil Nadu Electricity Restructuring and Transfer Scheme, 2024:-
Amendments.
In the said Scheme,-
(1) In clause 2, in sub-clause(1),-
(i)
after item(m), the following item shall be inserted, namely:-
“m(a). “Subsidiaries of TNEB Limited” means the TNPDCL, TNPGCL, TNGECL and
TANTRANSCO”;
(ii)
after item(o), the following item shall be inserted, namely:-
“o(a). “Tamil Nadu Power Distribution Corporation Limited (TNPDCL), “means, the erstwhile
TANGEDCO company which is continuing with the business of power distribution/supply”;
(iii)
after item (t), the following item shall be inserted, namely:-
“t(a). “Transferor” means the erstwhile State Generation Company-cum-Distribution licensee
(TANGEDCO) established under the Electricity Act, 2003 from which its Thermal Energy Generation
and Green Energy Undertakings have been transferred in accordance with this transfer scheme.”;
(2) in clause 3, sub-clause (2) shall be omitted;
(3) in clause 4, for sub-clause (6), the following sub-clause shall be substituted, namely:-
“(6) The transfer of the Undertakings to the transferees in terms of this Scheme took effect on the
appointed date. The transferor has functioned as an agent of the transferees for statutory filings, tax
returns, coordination with lenders and other operational matters. The transferor shall cease to act as
an agent of the transferees with effect from 01.04.2025.”;
(4) in clause 8, in sub-clause (1), for the expression “ for a period one year from date of transfer” the
expression “for a period upto 30.06.2025” shall be substituted;
2
TAMIL NADU GOVERNMENT GAZETTE EXTRAORDINARY
(5) in Schedule A, for “Part II”, the following Part shall be substituted namely:-
“Part II. Aggregate Assets and Liabilities transferred to Tamil Nadu Power Generation Corporation Limited
(TNPGCL) (As on 01.04.2024).
Particulars
Amount (Rs. In Crore)
ASSETS
I.
Non-current assets
Property, Plant and Equipment
16120.94
Capital work-in-progress
47942.54
Investment property
71.72
Other intangible assets
18.14
Financial assets
(i) Investments
1774.20
(ii) Other financial assets
1004.97
Other non-current assets
122.19
Total non-current assets
67054.70
II.
Current assets
Inventories
1871.83
Financial assets
(i) Trade receivables
0.00
(ii) Cash and cash equivalents
692.21
(iii) Other financial assets
92.20
Current tax assets
2.38
Other current assets
3152.63
Total current assets
5811.25
TOTAL ASSETS
72865.95
EQUITY AND LIABILITIES
III.
EQUITY
Equity share capital
6313.29
Other equity
(44407.77)
Total equity
(38094.48)
LIABILITIES
IV.
Non-current liabilities
Financial liabilities
(i) Borrowings
53272.49
(ii) Other financial liabilities
841.71
Provisions
4352.87
Other non-current liabilities
24.26
Total non-current liabilities
58491.33
V.
Current liabilities
Financial liabilities
(i) Borrowings
33619.87
(ii) Trade payables
12497.58
(iii) Other financial
liabilities
5381.32
Provisions
521.09
Other current liabilities
449.25
Total current liabilities
52469.11
TOTAL EQUITY AND LIABILITIES
72865.96
Note: The shares to the extent of the value of the share capital mentioned above shall be issued by the TNPGCL to the
TNEB Limited at par as on the date of transfer.”;
TAMIL NADU GOVERNMENT GAZETTE EXTRAORDINARY
3
(6) in Schedule B, for Part II, the following part shall be substituted, namely:-
“Part II- Aggregate Assets and Liabilities transferred to Tamil Nadu Green Energy Corporation Limited
(TNGECL) – (As on 01.04.2024)
Particulars
Amount ( Rs. In Crore)
ASSETS
I.
Non-current assets
Property, Plant and Equipment
5155.01
Capital work-in-progress
2643.88
Other intangible assets
10.81
Financial assets
(i) Other financial assets
110.33
Other non-current assets
26.26
Total non-current assets
7946.30
II.
Current assets
Inventories
6.61
Financial assets
(i) Trade receivables
0.90
(ii) Cash and cash equivalents
15.23
(iii) Other financial assets
198.72
Current tax assets
0.00
Other current assets
0.00
Total current assets
221.46
TOTAL ASSETS
8167.76
EQUITY AND LIABILITIES
III.
EQUITY
Equity share capital
2411.99
Other equity
(3719.11)
Total equity
(1307.12)
IV.
LIABILITIES
Non-current liabilities
Financial liabilities
(i) Borrowings
4247.62
(ii) Other financial liabilities
261.98
Provisions
1582.86
Other non-current liabilities
2.19
Total non-current liabilities
6094.65
Current liabilities
Financial liabilities
(i) Borrowings
2270.37
(ii) Trade payables
475.47
(iii) Other financial liabilities
439.01
Provisions
189.49
Other current liabilities
5.89
Total current liabilities
3380.22
TOTAL EQUITY AND LIABILITIES
8167.75
Note:The shares to the extent of the value of the share capital mentioned above shall be issued by the
TNGECL to the TNEB Limited at par as on the date of transfer.”;
4
TAMIL NADU GOVERNMENT GAZETTE EXTRAORDINARY
(7) in Schedule C, for “Part II” – the following Part shall be substituted, namely:- “Part II – Residual
Assets and Liabilities in TNPDCL (As on 01.04.2024).
Particulars
Amount (Rs. In Crore)
ASSETS
I.
Non-current assets
Property, Plant and Equipment
29426.31
Capital work-in-progress
13432.57
Investment property
0.00
Other intangible assets
43.39
Financial assets
(i) Investments
0.00
(ii)Other financial assets
2462.97
Other non-current assets
21.44
Total non-current assets
45386.68
II.
Current assets
Inventories
990.25
Financial assets
(i) Trade receivables
10150.51
(ii) Cash and cash equivalents
3789.69
(iii) Other financial assets
18330.45
Current tax assets
25.27
Other current assets
85.48
Total current assets
33371.65
TOTAL ASSETS
78758.33
EQUITY AND LIABILITIES
III.
EQUITY
Equity share capital
11393.88
Other equity
(118576.80)
Total Equity
(107182.92)
LIABILITIES
IV.
Non-current liabilities
Financial liabilities
(i) Borrowings
54004.16
(ii) Other financial liabilities
7515.92
Provisions
36035.54
Other non-current liabilities
3520.58
Total non-current liabilities
101076.20
V.
Current liabilities
Financial liabilities
(i) Borrowings
33231.55
(ii) Trade payables
23667.30
(iii) Other financial liabilities
22403.06
Provisions
4026.57
Other current liabilities
1536.57
Total current liabilities
84865.05
TOTAL EQUITY AND LIABILITIES
78758.33
BEELA VENKATESAN,
Principal Secretary to Government.
PRINTED AND PUBLISHED BY THE COMMISSIONER OF STATIONERY AND PRINTING, CHENNAI
ON BEHALF OF THE GOVERNMENT OF TAMIL NADU
".