Indonesia - Java-Bali Power Sector Restructuring and Strengthening Project : restructuring (Vol. 1 of 2) : Main report

Document of The World Bank Report No: 55394-ID RESTRUCTURING PAPER ON A PROPOSED PROJECT RESTRUCTURING OF THE JAVA-BALI POWER SECTOR RESTRUCTURING AND STRENGTHENING PROJECT LOAN June 26, 2003 TO THE REPUBLIC OF INDONESIA June 28, 2010  ABBREVIATIONS AND ACRONYMS ERP Enterprise Resource Planning FM Financial Management HR Human Resources IBRD International Bank for Reconstruction and Development ICB Institutional Capacity Building ICT Information and Communications Technology IDR Indonesian Rupiah IT Information Technology IPO Initial Public Offering KPI Key Performance Indicator LA Loan Agreement LNG Liquefied Natural Gas OJT On-the-Job Training PDO Project Development Objectives PGN Perusahaan Gas Negara (Indonesia's State Gas Company) PSR PGN System Rules PLN Perusahaan Listrik Negara (Indonesia's State Power Company) SBU Special Business Unit SLA Subsidiary Loan Agreement Regional Vice President: James W. Adams Country Director: Joachim von Amsberg Sector Manager / Director: Sonia Hammam Task Team Leader: Dhruva Sahai 1  INDONESIA JAVA-BALI POWER SECTOR RESTRUCTURING AND STRENGTHENING PROJECT P063913 CONTENTS Page A. SUMMARY ................................................................................................................ 3 B. PROJECT STATUS.................................................................................................... 3 C. PROPOSED CHANGES ............................................................................................ 4 2  JAVA-BALI POWER SECTOR RESTRUCTURING AND STRENGTHENING PROJECT RESTRUCTURING PAPER SUMMARY 1. The Bank received a letter from the Ministry of Finance dated January 21, 2010 seeking a cancellation of the undisbursed portion of the PGN component of the Java Bali Power Sector Restructuring and Strengthening Project (IBRD 7758