The Haryana Re-appropriation Act, 2018 (28 of 2020)
Haryana · state statute
Open in Lexace · Ask the AI about this act 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 he reby 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 Sta te 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 t he 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)
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 c rore 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
Grant HVPNL 2801-05-800-95-97 15.06.2016 3420000000
Grant UHBVNL 2801-05-800-95-99 16.06.2016 688132245
Grant UHBVNL 2801-05-800-95-99 30.06.2016 825215000
Grant DHBVNL 2801-05-800-95-98 30.06.2016 524785000
Grant UHBVNL 2801-05-800-95-99 04.07.2016 2131806000
Grant DHBVNL 2801-05-800-95-98 04.07.2016 1355694000
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
Equity HVPNL 4801-05-190-95-97 15.06.2016 3420000000
Equity UHBVNL 4801-05-190-95-99 16.06.2016 688132000
Equity UHBVNL 4801-05-190-95-99 30.06.2016 688283000
Equity DHBVNL 4801-05-190-95-98 30.06.2016 661717000
Equity UHBVNL 4801-05-190-95-99 04.07.2016 1778065000
Equity DHBVNL 4801-05-190-95-98 04.07.2016 1709435000
Total (Financial Year 2016–17) 38925000000
BIMLESH TANWAR,
Administrative Secretary to Government,
Haryana, Law and Legislative Department.
8978—L.R.—H.G.P., Pkl.
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