DPC2 Actual Achieved DPC1 Target Indicator Baseline Value Target (end at Completion or (end FY15/16) FY15/16) Target Years Policy Area A: Reducing Subsidies and Improving Tariff Policy A.1. Subsidies allocated in 1.80% 0.40% 0.80% 0.70% Federal budget (as % of budget) Date achieved 30 June 2013 30 June 2016 30 June 2016 30 June 2016 Comments (incl. % achievement) DPC2 target overachieved. Original target changed from 0.4% to 0.8% of GDP (see table 2). Policy Area B: Improving Sector Performance and Opening the Market to Private Participation B1. Increased bill collection in 86% 90% 94% 94.60% DISCOs (% of total billing) Date achieved 30 June 2013 30 June 2016 30 June 2016 30 June 2016 Comments (incl. % achievement) Targets overachieved. B2. Increased gas supply 3.8 billion SCFD 5 billion SCFD 3.9 billion SCFD Date achieved 30 June 2013 30 June 2016 30 June 2016 Comments (incl. % achievement) Target not achieved. All contracted All contracted power generated power generated Market and by IPPs, by IPPs, GENCOs B3. Separation of market system operations GENCOs and and WAPDA operations and transmission in single entity WAPDA Hydel Hydel traded system operations (NTDC/ CPPA-G) traded through an through an independent independent CPPA-G CPPA-G Date achieved 30 June 2013 30 June 2016 30 June 2016 Comments (incl. % achievement) Achieved. Policy Area C: Ensuring Accountability and Transparency C1. Disco performance reports None Yes Yes and NEPRA review published Date achieved 30 June 2013 30 June 2016 30 June 2016 Comments (incl. % achievement) Achieved. G. Ratings of Program Performance in ISRs Power Sector Reform: First Development Policy Credit - P128258 Actual Date ISR No. DO IP Disbursements Archived (USD millions) 1 05/20/2015 Satisfactory Satisfactory 603.79 Power Sector Reform: Second Development Policy Credit - P152021 Actual Date ISR No. DO IP Disbursements Archived (USD millions) 1 12/13/2016 Moderately Satisfactory Satisfactory 489.39
Indicator Baseline Value DPC1 Target (end FY15/16) DPC2 Target (end FY15/16) Actual Achieved at Completion or Target Years Policy Area A: Reducing Subsidies and Improving Tariff Policy A.1. Subsidies allocated in Federal budget (as % of budget) 1.80% 0.40% 0.80% 0.70% Date achieved 30 June 2013 30 June 2016 30 June 2016 30 June 2016 Comments (incl. % achievement) DPC2 target overachieved. Original target changed from 0.4% to 0.8% of GDP (see table 2). Policy Area B: Improving Sector Performance and Opening the Market to Private Participation B1. Increased bill collection in DISCOs (% of total billing) 86% 90% 94% 94.60% Date achieved 30 June 2013 30 June 2016 30 June 2016 30 June 2016 Comments (incl. % achievement) Targets overachieved. B2. Increased gas supply 3.8 billion SCFD 5 billion SCFD 3.9 billion SCFD Date achieved 30 June 2013 30 June 2016 30 June 2016 Comments (incl. % achievement) Target not achieved. B3. Separation of market operations and transmission system operations Market and system operations in single entity (NTDC/ CPPA-G) All contracted power generated by IPPs, GENCOs and WAPDA Hydel traded through an independent CPPA-G All contracted power generated by IPPs, GENCOs and WAPDA Hydel traded through an independent CPPA-G Date achieved 30 June 2013 30 June 2016 30 June 2016 Comments (incl. % achievement) Achieved. Policy Area C: Ensuring Accountability and Transparency C1. Disco performance reports and NEPRA review published None Yes Yes Date achieved 30 June 2013 30 June 2016 30 June 2016 Comments (incl. % achievement) Achieved. G. Ratings of Program Performance in ISRs Power Sector Reform: First Development Policy Credit - P128258 No. Date ISR Archived DO IP Actual Disbursements (USD millions) 1 05/20/2015 Satisfactory Satisfactory 603.79 Power Sector Reform: Second Development Policy Credit - P152021 No. Date ISR Archived DO IP Actual Disbursements (USD millions) 1 12/13/2016 Moderately Satisfactory Satisfactory 489.39
ICR-Pakistan-Power-Sector-DPC-I-and-II-128258-and-P152021-12292017.docx