Strengthening Corporate Management of Barki Tajik |
The Technical assistance (TA) is designed to strengthen and improve the internal management and customer responsiveness and reliability of Barki Tajik (BT), a public-owned power company in Tajikistan. Although in recent year, through the assistance of Corporate Solutions, BT's management and institutional capacity have been improved its services still remain poor and inefficient. As an example, current technical losses are assessed to be around 16% and non technical losses about 14%, and the company is run by a chairman without the control of a Board. The Government has planned to restructure and unbundel the company starting in 2008. While unbundling is the long term solution and target for BT as designed under the previous ADB Loan 1817-TAJ (SF), the short term need of BT is to establish an efficient management and rational institutional structure to effectively design and control the planning, budgeting, revenue management and corporate accounting system. One of the ways to achieve immediate results in terms of efficiency and proper management structure is through a 3 to 5 years performance based management contract or other form of contracts. This TA is intended to help BT to take the necessary steps to appoint a private sector contractor. |