PRIMARY OBJECTIVES

Management of WAPDA’s 12 Companies for their transition towards a corporate and commercial operating environment through Business Process Reengineering.
Institute a Change Management Programme to induct a new culture, latest technologies & Management practices

Develop framework for a competitive modern power sector for cost effective operations for provision of affordable electric power to customers.

F OCU S OF W AP DA’s R E S T R U CT U R ING NTDC POWER WING GENCOs FINANCE WING COMMON SERVICES DISCOs GENERATION Thermal Power Stations TRANSMISSION Grid Station / Trans. . . Lines Operation & Maintenance DISTRIBUTION Area Electricity Boar ds . TRANSFORMING THESE ORGANIZATIONAL COMPONENTS .

RESTRUCTURING SCENARIO ) THE NEW WAPDA Authority RESTRUCTURED POWER WING FINANCE WING SOURCE OF MANPOWER FOR SUPPORT SERVICES PROVIDE CHARGEABLE SERVICES COMMON SERVICES RESIDUAL ASSETS Autonomous Companies WATER WING HYDEL DEVT. HYDEL OPERATIONS GE NCOs NTDC DIS CO s (3) (1) (8) .WAPDA ( POST.

corporate entities Manpower Transition Program Phase-I completed. ESA .6. Phase II launched.99 for all the corporatized entities . ODA.ACTIONS COMPLETED SUMMARY Twelve (12) corporate entities formed under corporate law Legal agreements such as BTA. Obtained Federal & Provincial tax exemptions Opening balance sheets adopted and prepared first audited financial statements for FY ending 30.PPA & FSA executed between Wapda and corporate entities PEPCO/Corporate Entities Board of Directors reconstituted with representation from private sector Key professionals for PEPCO and hired/selected.

Actuarial Studies for estimation of Pension Liabilities Working Paper for Sale Consideration for Transfer of Wapda Shares to President of Pakistan Submitted to GOP Revised FESCO Privatization Schedule submitted to Privatization Commission Consultants on board for MTP & Technical Studies .ACTIONS COMPLETED SUMMARY Audited financial statements approved by board of directors & shareholders Applications for NEPRA license filed by all DISCOs and public hearings completed Meetings held with NEPRA License group and issues resolved paving way for the issuance of License NEPRA conference held on 31-07-2000 for orientation of GENCO personnel for preparation of License application.

 HRM Systems Development and preparation of Voluntary Separation Scheme (VSS). Phase-III Manpower Transition Programme for depolyment/ adjustement of manpower and provision of VSS .ACTIVITIES IN PROCESS Continuing actions for obtaining NEPRA license for DISCOs GENCOs and NTDC.  Implementation of Manpower Transition Programme Phase-II covering finalization of organizational structure and manning levels in corporate entities and residual WAPDA.

6. NTDC and DISCOs using audited financial data of FY ending 30.99 and updating financial models. 2000 carrying out of audit and obtain BOD.ACTIVITIES IN PROCESS Preparation of financial statements for FY ending June 30th. AGM approval Completion of Financial Modeling exercise for GENCOs.  Completion of front end activities for privatization of FESCO and development of transaction model as per agreed schedule with Privatization Commission  Preparation of documentation for support of Lakhra Power Station (GENCO) proposed for privatization by WAPDA .

Distribution Code and Consumer Service Manual (essential requirement of NEPRA License) Specifications for upgradation & modernization plan for NPCC and Load Despatch System (to support PC-I of $ 50 million already submitted to GOP) Upgrading the Planning Capabilities and training of personnel for undertaking distribution planning and preparation of investment plans (essential for APL & providing technical self-reliance to DISCOs) .ACTIVITIES IN PROCESS Monitoring of Consultants work progress. review of deliverables and implementation of the following projects: Preparation of Grid Code.

ACTIVITIES IN PROCESS Preparation of Environmental and Social Policy Document in support of Project Pre-Appraisal for World Bank Adaptable Program Loan (APL). inventory management and customer services etc. (Document is essential for pre-appraisal in March 2001 by the World Bank)  Development and implementation of EnterpriseWide IT Systems for financial/accounting systems.  Assistance to NTDC & DISCOs for preparation of five (5) years Investment Plans for securing funding under World Bank APL .

Ministry of W&P for support of DISCO position .ACTIVITIES IN PROCESS Resolution of Small Power Producers (SPPs/CPPs) issues for inter-connection on DISCO network and ongoing follow-up with NEPRA.

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