31216-013: Power Sector Restructuring Program

Project Data Sheet (PDS): Overview


Description

The principal objective of the Project is to create competitive electricity markets by breaking up the horizontal structure of power supply through unbundling generation and transmission and providing open access to transmission and distribution. The Project will also restore the National Power Corporation's financial sustainability in the period prior to privatization, and help achieve operational improvements and increased efficiencies in distribution operations. (Piggybacked to this loan are... Read More

Country Philippines
Project Number 31216-013
Project Type or Modality of Assistance
Financing Public sector (Sovereign)
Status
Approval Date 16 Dec 1998
Geographical Location Nationwide
Sector / Subsector Classification Energy
/ Energy Sector Development
Thematic Classification Gender equity
Safeguard Categories Environment: C

 

 

Project Data Sheets (PDS) contain summary information on the project or program. Because the PDS is a work in progress, some information may not be included in its initial version but will be added as it becomes available. Information about proposed projects is tentative and indicative.

The Public Communications Policy (PCP) recognizes that transparency and accountability are essential to development effectiveness. It establishes the disclosure requirements for documents and information ADB produces or requires to be produced.

The Accountability Mechanism provides a forum where people adversely affected by ADB-assisted projects can voice and seek solutions to their problems and report alleged noncompliance of ADB's operational policies and procedures.

In preparing any country program or strategy, financing any project, or by making any designation of, or reference to, a particular territory or geographic area in this document, the Asian Development Bank does not intend to make any judgments as to the legal or other status of any territory or area.