China - Wujing Thermal Power Project

Document of The World Bank FOR OFFICIAL USE ONLY Report No. 6610-CHA STAFF APPRAISAL REPORT CHINA WUJING THERMAL POWER PROJECT May 18, 1987 Projects Department East Asia and Pacific Region This document bas a restric'ed distribution and may be used by recipients only in the performance of their ofcial duties. Its eontents may not otherwise be disclosed without World Bank authorization.  CURRENCY EQUIVALENTS Currency - Yuan (Y) Y 1 = US$0.27 US$1 = Y 3.7 (As of December 1986) FISCAL YEAR January 1 to December 31 WEIGHTS AND MEASURES DWT = Dead Weight Ton km = Kilometer (= 0.62 miles) kWh = Kilowatt hour (= 860.42 kcals) GWh = Gigawatt hour (1,000,000 kilowatt hours) TWh - Terawatt hour (1,000,000,000 kilowatt hours) kW = Kilowatt (1,000 watts) MW Megawatt (1,000 kilowatts) kV = Kilovolt (1,000 volts) kVA = Kilovolt-ampere (1,000 volt-amperes) MVA = Megavolt-ampere (1,000 kilovolt-amperes) TPD = Ton per day mg = Milligram TCF = Trillion Cubic Feet PRINCIPAL ABBREVIATIONS AND ACRONYMS USED CIECC - China International Engineering Consulting Corporation CPECC - China Power Engineering Consulting Corporation ECEPA - East China Electric Power Administration ECEPDI - East China Electric Power Design Institute ECPG - East China Power Grid EPPEI - Electric Power Planning and Engineering Institute GVIAO - Gross Value of Industrial and Agricultural Output HIPDC - Huaneng International Power Development Corporation IAEA - International Atomic Energy Agency MGS - Municipal Government of Shanghai MOF - Ministry of Finance MWREP - Ministry of Water Resources and Electric Power PCBC - People's Construction Bank of China SAA - State Audit Administration SAB - Shanghai Audit Bureau SEC - State Economic Commission SMEPB - Shanghai Municipal Electric Power Bureau SPC - State Planning Commission SPG - Shanghai Power Grid WREPERI - Water Resources and Electric Power Economic Research Institute  FOR OFFICIL USE ONLY CHINA WUJING THERMAL POWER PROJECT STAFF APPRAISAL REPORT Table of Contents Page No. WOAN AND PROJECT S.MMARYeoo..oo.o****,*** iv I. THE ENERGY SECTOR .................................. 1 A. Overview..... ......*,., .e..,e* 00000 000.000000e.0000* 1 B. Resource Endowment...................................0000000 1 C. Efficiency of Energy Use2......................... 2 II. THE POWER SUBSECTOR..,. oo....**...... *0....*.*..*...*.... *. 3 A. Background.. ............. *......*. ,. .oo.oo.ooo.o..*o 3 B. Market Conditions .............o..,,,.... , ,oo.0..oo000 3 D. Iansiuions0.0..... .... ., ;....... ....000000000 4 E. Tariffs .... 0000000 00000000000000000000000000000000 5 F. Technology Transfer............................ 0 5 C. Subsector Strategy 6000000................, 0 6 H. Role of the Bank in the Power Sector oOeooo*00 6 {III, THE BENEFICIARY ......o...*********v**** 8 111 THegattsadOgnzto ....................................... ... .............. 8 A. Legal Status and Organization........................... 8 C. Staffing and Trainingo.................................. 9 D. Planning, Budget and Control............................* 9 E. Accounting......................... .0.0.o............. . 11 F. Audite ...... , 12 G. ....................................... oooo*oo........0 13 H. Billing and Collectiono...............o...............os 13 I. Data Processing....... .......,.....000..O 14 Jo Insurance......,....,o...ooo.. .................... 0000 14 K. Distribution System. .................o.o..sO....000000oo o 15 This report was prepared by D. B. Mehta, J. Sopher and K. C. Ling who appraised the project in November/December 1986 with the assistance of S. Z. Sung (consultent). This document has a restrcted distdbution and may be used by ncipints only in the performance of their oMcial duties. Its contents may not otherwise be disclosed without World Bank authoriation.  - ii - Page No. IV. THE POWER MARKET AND THE PROGRAM.*..*..................*o... 16 A. The Cast China Power Grid..Q.....o....e..........0..0..0 16 S. The Shanghai Power Grid.o ............................... 16 Co Load Forecast.0o..0.. ........o......................O.. 17 D. The 1986-95 Power Development Program................... 18 V. THE PROJECT.*00000000ere*0000000000000*000000009e000*0000 20 A. Project Objectiveso........ .........o................oooo* 20 S. Project Decrpton............................................... 20 Co Cost Eite*