Philippines - Power Transmission and Rehabilitation Project

Document of The World Bank FOR OIFICaL Qu OmlY MICROFICHE COPY Report No. :P- 5867 PlH Type: (PM)P-87p Title: TRANSMISSION AND REHABILITATIO Rbptb P-5867-PH Author: rISRNANDEZ, C Ext.:80476 Room:D8043 Dept.:EAlIE MEMORANDUM AND RECONMENDATION OF THE PRESIDENT OF THE INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT TO THE EXECUTIVE DIRECTORS ON A PROPOSED LOAN IN ANAMOUNT EQUIVALENT TO US$110 MILLION TO THE NATIONAL POWER CORPORATION WITH THE GUARANTEE OF THE REPUBLIC OF THE PHILIPPINES FOR A POWER TRANSMISSION AND REHABILITATION PROJECT June 3, 1993 Tbis docum has a restricted dstibsn d may be usd by ripient ony In the perfonrau of thedir offica dutie. Its contents may not otherwise be disclsed without World Bank authoriation.  CCRRMICY rQUIVALENTB (as of January 31, 199Z, Currency Unit Pesos (1) D 1 US$0.038 US$1 . -6.0 WEIGHTS AND MMASURES GWh = Gigawatt hour (1,000,000 kwh) kWh Kilowatt-hour (860 kilo-calories) TWh , Tera watt hour (109 watt-hours) ABBREVIATIONS AND ACRONYMS BOT Build-Operate-Transfer BTO Build-Transfer-and-Operate DOE Department of Energy ESP Energy Sector Plan ERB Energy Regulatory Board NPC National Power Corporation OPSF Oil Price Stabilization Fund FISCAL YEAR January 1 to December 31  POR OMCIAL USE ONLY PNXLXPPNINS POUNK TRANSM8IIBON AnD P.NNBILXTATZON PROTCT Loan and Proleot Summarv Borrower: National Power Corporation (NPC) Guarantor: Republic of the Philippines --tm