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Displaying 91 - 105 of 140

Lesson
Grant funding, while beneficial for end-users, may not be appropriate for revenue-earning state-owned utilities.

Project Number: 37139-043
Project Name: Uttarakhand Power Sector Investment Program - Tranche 3
Report Date:
Lesson
Having a suitable EA is critical to project success.

Project Number: 37139-033
Project Name: Uttarakhand Power Sector Investment Program - Tranche 2
Report Date:
Lesson
Effective risk mitigation requires adequate planning and prompt action.

Project Number: 37139-043
Project Name: Uttarakhand Power Sector Investment Program - Tranche 3
Report Date:
Lesson
Stringent due diligences at appraisal against the risks in projects developed by other agencies strengthen the likelihood of success.

Project Number: 37139-033
Project Name: Uttarakhand Power Sector Investment Program - Tranche 2
Report Date:
Lesson
MFF utilization within the approved period requires adequate institutional capacity in the EA and IA.

Project Number: 37139-033
Project Name: Uttarakhand Power Sector Investment Program - Tranche 2
Report Date:
Lesson
Having a suitable EA is critical to project success.

Project Number: 37139-043
Project Name: Uttarakhand Power Sector Investment Program - Tranche 3
Report Date:
Lesson
Grant funding, while beneficial for end-users, may not be appropriate for revenue-earning utility agencies.

Project Number: 37139-033
Project Name: Uttarakhand Power Sector Investment Program - Tranche 2
Report Date:
Lesson
A rigorous technical and financial due diligence for mitigating risks boosts the likelihood of project success.

Project Number: 37139-033
Project Name: Uttarakhand Power Sector Investment Program - Tranche 2
Report Date:
Lesson
No new lessons

Project Number: 35139-013
Project Name: Power Transmission Improvement Sector Project
Report Date:
Lesson
WAPDA was unbundled because the organization had degenerated into an unwieldy, overcentralized, and multilayered bureaucracy, dominated by political expediency and experiencing declining efficiency and quality of service. Even though the unbundling was carried out, operational and financial performance of the unbundled entities did not improve significantly.

Project Number: 32146-013
Project Name: Energy Sector Restructuring Program
Report Date:
Lesson
Cross-indebtedness has been an energy sector issue since the 1980s. Although the ESRP provided the government the means to eliminate crossindebtedness by financing the arrears out of the budget, the respite provided by the ESRP was temporary, and cross-indebtedness became a major issue again shortly thereafter, reaching unprecedented levels of about PRs503 billion by mid-2013.

Project Number: 32146-013
Project Name: Energy Sector Restructuring Program
Report Date:
Lesson
The ESRP comprised three loans. The largest (Loan 1807) was for $300 million and was designed as a three tranche plus incentive tranche program loan. The other two loans were a $50 million Asian Development Fund loan (Loan 1808) and a $5 million TA loan (Loan 1809). The government availed of the first and incentive tranches of Loan 1807 for $150 million as well as the $50 million Asian Development Fund loan when it complied with the first tranche loan conditions.

Project Number: 32146-013
Project Name: Energy Sector Restructuring Program
Report Date:
Lesson
Subsidization of electricity is a drain on budgetary resources and not sustainable in the longer term when an economy is growing and tax revenues are stagnant. Under the ESRP, electricity subsidies were expected to be eliminated with the establishment of NEPRA, and the tariff was expected to reflect and recover the full cost of production. However, the government continues to subsidize electricity, primarily to domestic and agricultural customers.

Project Number: 32146-013
Project Name: Energy Sector Restructuring Program
Report Date:
Lesson
The privatization of KESC demonstrates that private sector ownership in the energy sector has benefits in terms of efficiency gains. System losses are declining significantly, and KESC’s financial performance has improved substantially since privatization, such that it is now self-financing since first turning a profit in 2012. This accomplishment is remarkable considering the environment in which it operates includes a constrained availability of fuel for its thermal power plants and an unfavorable security and law and order situation.

Project Number: 32146-013
Project Name: Energy Sector Restructuring Program
Report Date:
Lesson
No new lessons.

Project Number: 32036-013
Project Name: Outer Islands Electrification (Sector) Project
Report Date: