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Economic & Sector Work :: Energy Study

Sierra Leone : Power Sector Recovery Strategy, Phase I

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
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Washington, DC
Africa | Sierra Leone
2013-03-28T18:35:04Z | 2013-03-28T18:35:04Z | 2007-06-28

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.

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