Sierra Leone : Power Sector Recovery Strategy, Phase I

Power Planning Associates has been appointed by the World Bank to prepare a strategy for the recovery of the National Power Authority (NPA). This Preliminary Report presents the findings of the audit and proposes potential counter measures to impr...

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Main Author: World Bank
Format: Energy Study
Language:English
en_US
Published: Washington, DC 2013
Subjects:
OIL
Online Access:http://documents.worldbank.org/curated/en/2007/06/16333962/sierra-leone-power-sector-recovery-strategy-phase
http://hdl.handle.net/10986/13042
id okr-10986-13042
recordtype oai_dc
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic ACCOUNTANT
ACCOUNTING
ACCOUNTING STANDARDS
ACCOUNTS RECEIVABLE
ACCOUNTS RECEIVABLES
ARREARS
ASSET REGISTER
AUXILIARY USE
AVAILABILITY
AVERAGE TARIFF
BALANCE
BALANCE SHEET
BEST PRACTICE
BIDS
BOOK VALUE
BUYER
CABLE
CABLE NETWORKS
CAPACITY BUILDING
CAPITAL INVESTMENTS
CAPITAL REQUIREMENTS
CASH FLOW
CEMENT
COLLECTION SYSTEMS
COMMERCIAL ACTIVITIES
COMMERCIAL BANKS
COMMERCIAL CUSTOMERS
COMMERCIAL EFFICIENCY
COMMERCIAL LENDERS
COMMERCIAL TERMS
CORRUPTION
COST ESTIMATE
COST RECOVERY
CREDIT ARRANGEMENT
CRUDE OIL
CUSTOMER BASE
DEBT
DEBT INTEREST
DEBT OBLIGATIONS
DEBT RELIEF
DEBT SERVICE
DEBT SERVICE OBLIGATIONS
DEBT SERVICE REQUIREMENTS
DEBT SERVICING
DEBTOR
DEBTORS
DEBTS
DEPRECIATION CHARGE
DEVELOPING COUNTRIES
DEVELOPMENT BANK
DIESEL
DIESEL GENERATORS
DISBURSEMENT
DISBURSEMENTS
DISTRIBUTION ASSETS
DISTRIBUTION LOSSES
DISTRIBUTION NETWORK
DISTRIBUTION SYSTEM
ECONOMIC DEVELOPMENT
ECONOMIC VALUE
ELECTRICITY
ELECTRICITY CONSUMPTION
ELECTRICITY SUPPLY
ELECTRICITY TARIFFS
ELECTRICITY UTILITIES
ELECTRICITY UTILITY
EMPLOYEE
ENERGY GENERATION
ENERGY LOSSES
ENERGY SALES
EQUIPMENT
EXCHANGE RATE
EXPENDITURE
EXPENDITURES
EXTENSIVE REHABILITATION
FINANCES
FINANCIAL ANALYSES
FINANCIAL ANALYSIS
FINANCIAL COVENANTS
FINANCIAL DIFFICULTIES
FINANCIAL MANAGEMENT
FINANCIAL MANAGEMENT SYSTEM
FINANCIAL PERFORMANCE
FINANCIAL RATIOS
FINANCIAL STATEMENTS
FINANCIAL SUPPORT
FIXED ASSETS
FIXED CHARGE
FIXED COST
FOREIGN DONORS
FUEL
FUEL CONSUMPTION
FUEL COST
FUEL COSTS
FUEL PRICES
FUEL STORAGE
FUEL SUPPLY
FUELS
GENERATING CAPACITY
GENERATING UNITS
GENERATION
GENERATION CAPACITY
GENERATOR UNITS
GOVERNMENT APPROVAL
GOVERNMENT BUDGET
HOLDING
HOUSEHOLDS
HUMAN RESOURCES
HYDROELECTRIC PLANT
HYDROPOWER
IMPLEMENTATION PERIOD
INFLATION
INFORMATION SYSTEM
INFORMATION SYSTEMS
INSTALLATION
INSTALLATIONS
LEGAL AGREEMENTS
LENDERS
LEVEL OF DEBT
LOAN
LOAN AGREEMENT
LOAN COVENANT
LOAN COVENANTS
LOWER PRICES
MAINTENANCE COSTS
MATERIAL
METER CUSTOMERS
NET REVENUES
NETWORKS
NUMBER OF CUSTOMERS
OIL
OIL CONSUMPTION
OIL PRICE
OIL PRICES
OPERATING COSTS
PARTIAL RISK
PENSIONS
PERFORMANCE INDICATOR
PERFORMANCE INDICATORS
PERFORMANCE MEASURES
PERFORMANCE TARGETS
PETROLEUM
POWER
POWER CORPORATION
POWER GENERATION
POWER PURCHASE
POWER SECTOR
POWER SECTOR REFORM
POWER SHORTAGES
POWER STATION
PREPAYMENT
PREVENTATIVE MAINTENANCE
PROCUREMENT
PRODUCTIVITY
PROFESSIONAL STAFF
PROFIT MARGIN
PROFITABILITY
PUBLIC POWER
RATE OF RETURN
RECEIPT
REGULATORY OVERSIGHT
REHABILITATION COMPONENT
RELIABILITY
REMOTE TERMINALS
RESIDENTIAL CUSTOMERS
RESULTS
RETRENCHMENT
RETURN
RETURN ON ASSETS
REVENUE COLLECTION
ROUTES
RURAL ELECTRIFICATION
SALES REVENUE
SOFTWARE PACKAGE
STORAGE FACILITIES
STREET LIGHTING
SUPERVISION
SUPPLY OF ELECTRICITY
SUPPORT INFRASTRUCTURE
SYSTEM SOFTWARE
TARGETS
TARIFF ADJUSTMENT
TARIFF ADJUSTMENTS
TARIFF MECHANISMS
TARIFF STRUCTURE
TECHNICAL SUPPORT
TENDERS
THERMAL CAPACITY
TIMELY PAYMENTS
TRANSMISSION
TRANSMISSION LINE
VALUATION
VEHICLES
WORKING CAPITAL
spellingShingle ACCOUNTANT
ACCOUNTING
ACCOUNTING STANDARDS
ACCOUNTS RECEIVABLE
ACCOUNTS RECEIVABLES
ARREARS
ASSET REGISTER
AUXILIARY USE
AVAILABILITY
AVERAGE TARIFF
BALANCE
BALANCE SHEET
BEST PRACTICE
BIDS
BOOK VALUE
BUYER
CABLE
CABLE NETWORKS
CAPACITY BUILDING
CAPITAL INVESTMENTS
CAPITAL REQUIREMENTS
CASH FLOW
CEMENT
COLLECTION SYSTEMS
COMMERCIAL ACTIVITIES
COMMERCIAL BANKS
COMMERCIAL CUSTOMERS
COMMERCIAL EFFICIENCY
COMMERCIAL LENDERS
COMMERCIAL TERMS
CORRUPTION
COST ESTIMATE
COST RECOVERY
CREDIT ARRANGEMENT
CRUDE OIL
CUSTOMER BASE
DEBT
DEBT INTEREST
DEBT OBLIGATIONS
DEBT RELIEF
DEBT SERVICE
DEBT SERVICE OBLIGATIONS
DEBT SERVICE REQUIREMENTS
DEBT SERVICING
DEBTOR
DEBTORS
DEBTS
DEPRECIATION CHARGE
DEVELOPING COUNTRIES
DEVELOPMENT BANK
DIESEL
DIESEL GENERATORS
DISBURSEMENT
DISBURSEMENTS
DISTRIBUTION ASSETS
DISTRIBUTION LOSSES
DISTRIBUTION NETWORK
DISTRIBUTION SYSTEM
ECONOMIC DEVELOPMENT
ECONOMIC VALUE
ELECTRICITY
ELECTRICITY CONSUMPTION
ELECTRICITY SUPPLY
ELECTRICITY TARIFFS
ELECTRICITY UTILITIES
ELECTRICITY UTILITY
EMPLOYEE
ENERGY GENERATION
ENERGY LOSSES
ENERGY SALES
EQUIPMENT
EXCHANGE RATE
EXPENDITURE
EXPENDITURES
EXTENSIVE REHABILITATION
FINANCES
FINANCIAL ANALYSES
FINANCIAL ANALYSIS
FINANCIAL COVENANTS
FINANCIAL DIFFICULTIES
FINANCIAL MANAGEMENT
FINANCIAL MANAGEMENT SYSTEM
FINANCIAL PERFORMANCE
FINANCIAL RATIOS
FINANCIAL STATEMENTS
FINANCIAL SUPPORT
FIXED ASSETS
FIXED CHARGE
FIXED COST
FOREIGN DONORS
FUEL
FUEL CONSUMPTION
FUEL COST
FUEL COSTS
FUEL PRICES
FUEL STORAGE
FUEL SUPPLY
FUELS
GENERATING CAPACITY
GENERATING UNITS
GENERATION
GENERATION CAPACITY
GENERATOR UNITS
GOVERNMENT APPROVAL
GOVERNMENT BUDGET
HOLDING
HOUSEHOLDS
HUMAN RESOURCES
HYDROELECTRIC PLANT
HYDROPOWER
IMPLEMENTATION PERIOD
INFLATION
INFORMATION SYSTEM
INFORMATION SYSTEMS
INSTALLATION
INSTALLATIONS
LEGAL AGREEMENTS
LENDERS
LEVEL OF DEBT
LOAN
LOAN AGREEMENT
LOAN COVENANT
LOAN COVENANTS
LOWER PRICES
MAINTENANCE COSTS
MATERIAL
METER CUSTOMERS
NET REVENUES
NETWORKS
NUMBER OF CUSTOMERS
OIL
OIL CONSUMPTION
OIL PRICE
OIL PRICES
OPERATING COSTS
PARTIAL RISK
PENSIONS
PERFORMANCE INDICATOR
PERFORMANCE INDICATORS
PERFORMANCE MEASURES
PERFORMANCE TARGETS
PETROLEUM
POWER
POWER CORPORATION
POWER GENERATION
POWER PURCHASE
POWER SECTOR
POWER SECTOR REFORM
POWER SHORTAGES
POWER STATION
PREPAYMENT
PREVENTATIVE MAINTENANCE
PROCUREMENT
PRODUCTIVITY
PROFESSIONAL STAFF
PROFIT MARGIN
PROFITABILITY
PUBLIC POWER
RATE OF RETURN
RECEIPT
REGULATORY OVERSIGHT
REHABILITATION COMPONENT
RELIABILITY
REMOTE TERMINALS
RESIDENTIAL CUSTOMERS
RESULTS
RETRENCHMENT
RETURN
RETURN ON ASSETS
REVENUE COLLECTION
ROUTES
RURAL ELECTRIFICATION
SALES REVENUE
SOFTWARE PACKAGE
STORAGE FACILITIES
STREET LIGHTING
SUPERVISION
SUPPLY OF ELECTRICITY
SUPPORT INFRASTRUCTURE
SYSTEM SOFTWARE
TARGETS
TARIFF ADJUSTMENT
TARIFF ADJUSTMENTS
TARIFF MECHANISMS
TARIFF STRUCTURE
TECHNICAL SUPPORT
TENDERS
THERMAL CAPACITY
TIMELY PAYMENTS
TRANSMISSION
TRANSMISSION LINE
VALUATION
VEHICLES
WORKING CAPITAL
World Bank
Sierra Leone : Power Sector Recovery Strategy, Phase I
geographic_facet Africa
Sierra Leone
description Power Planning Associates has been appointed by the World Bank to prepare a strategy for the recovery of the National Power Authority (NPA). This Preliminary Report presents the findings of the audit and proposes potential counter measures to improve NPA s technical and financial performance. These counter measures are presented at the end of each section of the report and are summarised below. NPA is locked in a downward spiral of under-performance, wherein generation plant breakdowns and fuel shortages exacerbate cash flow constraints. In addition, poor commercial performance, including high losses and low revenue collection rates, are also at the root of the cash flow problems. This cycle needs to be broken at a number of points, and the following series of counter measures represent the Consultant s initial proposals, in order of priority.
format Economic & Sector Work :: Energy Study
author World Bank
author_facet World Bank
author_sort World Bank
title Sierra Leone : Power Sector Recovery Strategy, Phase I
title_short Sierra Leone : Power Sector Recovery Strategy, Phase I
title_full Sierra Leone : Power Sector Recovery Strategy, Phase I
title_fullStr Sierra Leone : Power Sector Recovery Strategy, Phase I
title_full_unstemmed Sierra Leone : Power Sector Recovery Strategy, Phase I
title_sort sierra leone : power sector recovery strategy, phase i
publisher Washington, DC
publishDate 2013
url http://documents.worldbank.org/curated/en/2007/06/16333962/sierra-leone-power-sector-recovery-strategy-phase
http://hdl.handle.net/10986/13042
_version_ 1764420410832584704
spelling okr-10986-130422021-04-23T14:03:02Z Sierra Leone : Power Sector Recovery Strategy, Phase I World Bank ACCOUNTANT ACCOUNTING ACCOUNTING STANDARDS ACCOUNTS RECEIVABLE ACCOUNTS RECEIVABLES ARREARS ASSET REGISTER AUXILIARY USE AVAILABILITY AVERAGE TARIFF BALANCE BALANCE SHEET BEST PRACTICE BIDS BOOK VALUE BUYER CABLE CABLE NETWORKS CAPACITY BUILDING CAPITAL INVESTMENTS CAPITAL REQUIREMENTS CASH FLOW CEMENT COLLECTION SYSTEMS COMMERCIAL ACTIVITIES COMMERCIAL BANKS COMMERCIAL CUSTOMERS COMMERCIAL EFFICIENCY COMMERCIAL LENDERS COMMERCIAL TERMS CORRUPTION COST ESTIMATE COST RECOVERY CREDIT ARRANGEMENT CRUDE OIL CUSTOMER BASE DEBT DEBT INTEREST DEBT OBLIGATIONS DEBT RELIEF DEBT SERVICE DEBT SERVICE OBLIGATIONS DEBT SERVICE REQUIREMENTS DEBT SERVICING DEBTOR DEBTORS DEBTS DEPRECIATION CHARGE DEVELOPING COUNTRIES DEVELOPMENT BANK DIESEL DIESEL GENERATORS DISBURSEMENT DISBURSEMENTS DISTRIBUTION ASSETS DISTRIBUTION LOSSES DISTRIBUTION NETWORK DISTRIBUTION SYSTEM ECONOMIC DEVELOPMENT ECONOMIC VALUE ELECTRICITY ELECTRICITY CONSUMPTION ELECTRICITY SUPPLY ELECTRICITY TARIFFS ELECTRICITY UTILITIES ELECTRICITY UTILITY EMPLOYEE ENERGY GENERATION ENERGY LOSSES ENERGY SALES EQUIPMENT EXCHANGE RATE EXPENDITURE EXPENDITURES EXTENSIVE REHABILITATION FINANCES FINANCIAL ANALYSES FINANCIAL ANALYSIS FINANCIAL COVENANTS FINANCIAL DIFFICULTIES FINANCIAL MANAGEMENT FINANCIAL MANAGEMENT SYSTEM FINANCIAL PERFORMANCE FINANCIAL RATIOS FINANCIAL STATEMENTS FINANCIAL SUPPORT FIXED ASSETS FIXED CHARGE FIXED COST FOREIGN DONORS FUEL FUEL CONSUMPTION FUEL COST FUEL COSTS FUEL PRICES FUEL STORAGE FUEL SUPPLY FUELS GENERATING CAPACITY GENERATING UNITS GENERATION GENERATION CAPACITY GENERATOR UNITS GOVERNMENT APPROVAL GOVERNMENT BUDGET HOLDING HOUSEHOLDS HUMAN RESOURCES HYDROELECTRIC PLANT HYDROPOWER IMPLEMENTATION PERIOD INFLATION INFORMATION SYSTEM INFORMATION SYSTEMS INSTALLATION INSTALLATIONS LEGAL AGREEMENTS LENDERS LEVEL OF DEBT LOAN LOAN AGREEMENT LOAN COVENANT LOAN COVENANTS LOWER PRICES MAINTENANCE COSTS MATERIAL METER CUSTOMERS NET REVENUES NETWORKS NUMBER OF CUSTOMERS OIL OIL CONSUMPTION OIL PRICE OIL PRICES OPERATING COSTS PARTIAL RISK PENSIONS PERFORMANCE INDICATOR PERFORMANCE INDICATORS PERFORMANCE MEASURES PERFORMANCE TARGETS PETROLEUM POWER POWER CORPORATION POWER GENERATION POWER PURCHASE POWER SECTOR POWER SECTOR REFORM POWER SHORTAGES POWER STATION PREPAYMENT PREVENTATIVE MAINTENANCE PROCUREMENT PRODUCTIVITY PROFESSIONAL STAFF PROFIT MARGIN PROFITABILITY PUBLIC POWER RATE OF RETURN RECEIPT REGULATORY OVERSIGHT REHABILITATION COMPONENT RELIABILITY REMOTE TERMINALS RESIDENTIAL CUSTOMERS RESULTS RETRENCHMENT RETURN RETURN ON ASSETS REVENUE COLLECTION ROUTES RURAL ELECTRIFICATION SALES REVENUE SOFTWARE PACKAGE STORAGE FACILITIES STREET LIGHTING SUPERVISION SUPPLY OF ELECTRICITY SUPPORT INFRASTRUCTURE SYSTEM SOFTWARE TARGETS TARIFF ADJUSTMENT TARIFF ADJUSTMENTS TARIFF MECHANISMS TARIFF STRUCTURE TECHNICAL SUPPORT TENDERS THERMAL CAPACITY TIMELY PAYMENTS TRANSMISSION TRANSMISSION LINE VALUATION VEHICLES WORKING CAPITAL Power Planning Associates has been appointed by the World Bank to prepare a strategy for the recovery of the National Power Authority (NPA). This Preliminary Report presents the findings of the audit and proposes potential counter measures to improve NPA s technical and financial performance. These counter measures are presented at the end of each section of the report and are summarised below. NPA is locked in a downward spiral of under-performance, wherein generation plant breakdowns and fuel shortages exacerbate cash flow constraints. In addition, poor commercial performance, including high losses and low revenue collection rates, are also at the root of the cash flow problems. This cycle needs to be broken at a number of points, and the following series of counter measures represent the Consultant s initial proposals, in order of priority. 2013-03-28T18:35:04Z 2013-03-28T18:35:04Z 2007-06-28 http://documents.worldbank.org/curated/en/2007/06/16333962/sierra-leone-power-sector-recovery-strategy-phase http://hdl.handle.net/10986/13042 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Washington, DC Economic & Sector Work :: Energy Study Economic & Sector Work Africa Sierra Leone