(Exchange Rate Effective as of December 31, 2016) Currency Unit = Pakistan Rupee (PKR) US$1.00 = PKR 104.375 SDR 1.00 = US $1.34433 FISCAL YEAR July 1 June 30 – ABBREVIATIONS AND ACRONYMS ADB Asian Development Bank MEPCO Multan Electric Power Company BISP Benazir Income Support Programme MoF Ministry of Finance CPPA-G Central Power Purchasing Agency MPNR Ministry of Petroleum and Natural (Guarantee) Limited Resources CPS Country Partnership Strategy MW Megawatt DPC Development Policy Credit MWP Ministry of Water and Power Disco Distribution Company, (WAPDA MTB Market Treasury Bill successor company) MYT Multiyear tariff ECC Economic Coordination Committee (of NDT NEPRA-determined Tariff the Pakistan Cabinet) NEPRA National Electric Power Regulatory EFF Extended Fund Facility (of IMF) Authority FBR Federal Board of Revenue NPL Non-Performing Loan FDI Foreign Direct Investment NTDC National Transmission and Dispatch FGD Flue Gas Desulfurization Company GDP Gross Domestic Product OGRA Oil and Gas Regulatory Authority Genco Generation Company (WAPDA Successor PEFA Public Expenditure and Financial Company) Accountability GHG Greenhouse Gas PESCO Peshawar Electric Supply Company GWh Gigawatt Hour PFM Public Financial Management HESCO Hyderabad Electric Supply Company PMT Proxy Means Test HFO Heavy Fuel Oil PSIA Poverty and Social Impact Assessment Hydel Hydroelectric SBP State Bank of Pakistan IDA International Development Association SDR Special Drawing Rights IFC International Finance Corporation SEPCO Sukkur Electric Power Company IPP Independent Power Producer SOE State owned Enterprise JICA Japan International Cooperation Agency USAID United States Agency for International KESC Karachi Electric Supply Company Development Limited (now K-Electric) WAPDA Water and Power Development Authority kWh Kilowatt Hour Senior Global Practice Director: Riccardo Puliti Practice Manager: Demetrios Papathanasiou Task Team Leader: Richard J. Spencer ICR Team Leader: Fanny Missfeldt-Ringius ISLAMIC REPUBLIC OF PAKISTAN DEVELOPMENT POLICY CREDITS I & II
(Exchange Rate Effective as of December 31, 2016) Currency Unit = Pakistan Rupee (PKR) US$1.00 = PKR 104.375 SDR 1.00 = US $1.34433 FISCAL YEAR July 1 – June 30 ABBREVIATIONS AND ACRONYMS ADB Asian Development Bank BISP Benazir Income Support Programme CPPA-G Central Power Purchasing Agency (Guarantee) Limited CPS Country Partnership Strategy DPC Development Policy Credit Disco Distribution Company, (WAPDA successor company) ECC Economic Coordination Committee (of the Pakistan Cabinet) EFF Extended Fund Facility (of IMF) FBR Federal Board of Revenue FDI Foreign Direct Investment FGD Flue Gas Desulfurization GDP Gross Domestic Product Genco Generation Company (WAPDA Successor Company) GHG Greenhouse Gas GWh Gigawatt Hour HESCO Hyderabad Electric Supply Company HFO Heavy Fuel Oil Hydel Hydroelectric IDA International Development Association IFC International Finance Corporation IPP Independent Power Producer JICA Japan International Cooperation Agency KESC Karachi Electric Supply Company Limited (now K-Electric) kWh Kilowatt Hour MEPCO Multan Electric Power Company MoF Ministry of Finance MPNR Ministry of Petroleum and Natural Resources MW Megawatt MWP Ministry of Water and Power MTB Market Treasury Bill MYT Multiyear tariff NDT NEPRA-determined Tariff NEPRA National Electric Power Regulatory Authority NPL Non-Performing Loan NTDC National Transmission and Dispatch Company OGRA Oil and Gas Regulatory Authority PEFA Public Expenditure and Financial Accountability PESCO Peshawar Electric Supply Company PFM Public Financial Management PMT Proxy Means Test PSIA Poverty and Social Impact Assessment SBP State Bank of Pakistan SDR Special Drawing Rights SEPCO Sukkur Electric Power Company SOE State owned Enterprise USAID United States Agency for International Development WAPDA Water and Power Development Authority Senior Global Practice Director: Practice Manager: Task Team Leader: ICR Team Leader: Riccardo Puliti Demetrios Papathanasiou Richard J. Spencer Fanny Missfeldt-Ringius ISLAMIC REPUBLIC OF PAKISTAN DEVELOPMENT POLICY CREDITS I & II
ICR-Pakistan-Power-Sector-DPC-I-and-II-128258-and-P152021-12292017.docx