Well THIS is an interesting report:
It’s dated 2005, but it just showed up on my radar – not sure if it was just posted to ADB site or if they just made some kind of change that blipped my radar.
Lots of interesting stuff inside. Here is an extract of the Lessons:
- Power sector problems cannot be resolved if deeply-rooted political influence continues;
- Demand forecasts need to be more realistic;
- ADB needs to strengthen the quality of its financial review of the sector’s performance;
- ADB should have actively promoted the use of internationally accepted and transparent procedures for evaluating independent power producers’ bids;
- Delays in project implementation must be reduced;
- Project costs should be controlled by improving governance and reducing corruption;
- Currency mismatches should be avoided; and
- Greater ownership by executing agencies is needed for policy related advisory TAs to be successful.