Bare Act
The Haryana Re-appropriation Act, 2018
0. Preamble
HARYANA GOVT. GAZ. (EXTRA.), NOV. 26, 2020 (AGHN. 5, 1942 SAKA) 201
PART – I HARYANA GOVERNMENT LAW AND LEGISLATIVE DEPARTMENT Notification The 26th November, 2020 No. Leg. 38/2020.— The following Act of the Legislature of the State of Haryana received the assent of the Governor of Haryana on the 3rd April, 2018 and is hereby published for general information :– HARYANA ACT NO. 28 OF 2020 THE HARYANA RE-APPROPRIATION ACT, 2018 AN ACT to re-appropriate the funds from grant of ₹ 7785 crore released to the Haryana Power Utilities to equity under Ujwal DISCOM Assurance Yojana Scheme during the financial years 2015-16 and 2016-17 and for matters connected therewith or incidental thereto. Be it enacted by the Legislature of the State of Haryana in the Sixty-ninth Year of the Republic of India as follows :–
1. This Act may be called the Haryana Re-appropriation Act, 2018.
Short title.
2. From and out of the Consolidated Fund of the State of Haryana, there may be
re-appropriated the funds released to the Haryana Power Utilities to equity not exceeding those specified in the Schedule appended to this Act, amounting in the aggregate to the sum of seven thousand seven hundred eighty five crore rupees (₹ 7785,00,00,000/-) during the financial years 2015-16 and 2016-17 under Ujwal DISCOM Assurance Yojana Scheme. Re-appropriation of funds from grant.
202 HARYANA GOVT. GAZ. (EXTRA.), NOV. 26, 2020 (AGHN. 5, 1942 SAKA)
PDF: pending for this language.
Schedule
1. The borrowings made by the State to takeover DISCOM debt during 2015-16 and 2016-17 shall be utilized by Government of Haryana solely for the purpose of discharging the DISCOM debt and shall be transferred to the DISCOM as a mix of grant, loan and equity as described in the following table: Year Total Debt taken over Transfer to the DISCOMs in the form of Grants Transfer to the DISCOMs in the form of loan Transfer to the DISCOMs in the form of Equity Outstanding State loan of the DISCOMs Year 1 50% of the total debt of Rs. 34600 crore 11.25% (Rs. 3892.50 crore) 35% (Rs. 12110 crore) 3.75% (Rs. 1297.50 crore) Rs. 12110 crore Year 2 25% of the total debt of Rs. 34600 crore 11.25% (Rs. 3892.50 crore) 45% (Rs. 15570 crore) 3.75% (Rs. 1297.50 crore) Rs. 15570 crore Year 3 11.25% (Rs. 3892.50 crore) 30% (Rs. 10380 crore) 3.75% (Rs. 1297.50 crore) Rs. 10380 crore Year 4 11.25% (Rs. 3892.50 crore) 15% (Rs. 5190 crore) 3.75% (Rs. 1297.50 crore) Rs. 5190 crore Year 5 11.25% (Rs. 3892.50 crore)
3.75% (Rs. 1297.50 crore)
2. State Government had released the Grant/Equity of Rs. 5190 crore each in the financial year 2015-16 and 2016-17, which includes equity of Rs. 1297.50 crore and Grant in Aid of Rs. 3892.50 crore. Utility wise grant received under UDAY for the financial year 2015-16 and 2016-17 is as under :– Particulars HPUs Major Head Date of adjustment/release Amount Grant UHBVNL 2801-05-800-95-99 31.03.2016 23793707000 Grant DHBVNL 2801-05-800-95-98 31.03.2016 15131293000 Total (Financial Year 2015-16) 38925000000
Particulars HPUs Major Head Date of adjustment/release Amount Grant UHBVNL 2801-05-800-95-99 15.06.2016 18058008555 Grant DHBVNL 2801-05-800-95-98 15.06.2016 11921359200
Total (Financial Year 2016-17) 38925000000
HARYANA GOVT. GAZ. (EXTRA.), NOV. 26, 2020 (AGHN. 5, 1942 SAKA) 203
Conversion of grant into equity. 3. Conversion of grant of Rs. 3892.50 crore, released in the both financial year 2015–16 and 2016–17, into equity in the respective years, after transferring the share of Jind circle from UHBVNL to DHBVNL, as per the detail given below:– Particulars HPUs Major Head Date of adjustment/release Amount Equity UHBVNL 4801-05-190-95-99 31.03.2016 19845503000 Equity DHBVNL 4801-05-190-95-98 31.03.2016 19079497000 Total (Financial Year 2015–16) 38925000000
Particulars HPUs Major Head Date of adjustment/release Amount Equity UHBVNL 4801-05-190-95-99 15.06.2016 14600477000 Equity DHBVNL 4801-05-190-95-98 15.06.2016 15378891000
Total (Financial Year 2016–17) 38925000000
BIMLESH TANWAR, Administrative Secretary to Government, Haryana, Law and Legislative Department.
8978—L.R.—H.G.P., Pkl.