TA 3978-BAN: Corporatization of Dhaka Electric Supply Authority

Review and design an effective organizational and management structure for DESA. Institutionalize organizational and hierarchical autonomy. Draft personnel policies including a voluntary separation policy as a particular requirement.

• Designing a project strategy and planning the participation of agencies involved in implementing corporatization.

• Identifying legal steps to transfer assets and identifying transactions between DESA and other entities. Preparing legal documents and defining the financial status of the company. Identifying assets and liabilities and starting financial statements.

• Preparing a financial restructuring plan and establishing performance criteria including developing a business plan and financial action plans.

• Preparing the first tariff proposals for the new company and developing management systems for the new corporatized company.

• Developing computerized daily and monthly reporting formats, implementing financial, and management information systems.