• Bangladesh Power Development Board (BPDB)
• Ministry of Power, Energy and Mineral Resources
• Government of Bangladesh

The TA will assist the Government and BPDB to (i) Corporatize BPDB; (ii) introduce modern management information systems in the new company; (iii) integrate the new company into the power sector network. It will also define the new company's relationship with other sector entities.

Phase One:

a) Legal and commercial aspects of corporatization

The legal and commercial corporatization tasks will comprise all of the procedural, legal, and operational requirements for establishing a corporation, effecting the transfer and insuring that the company has the rights and authorities needed to conduct the business.

b) Accounting and financial management

c) Human Resources Management

The scope of human resources management in Phase I is to carry out a due diligence of the organizational structure of BPDB, staffing issues, and employment rules and personnel procedures.

Phase Two:

• Development of Management Information System
• Assistance in Corporatization /Initial Operation

Finalize corporate governance issues including (a) the roles and responsibilities of the Board of Directors, approval/authorizations, stockholder rights;

Finalize human resources plans including (a) employee transfer scheme;(b) voluntary early retirement plan; and (c) new employment terms and conditions, and (d) organizational structure and staffing for the new company;

Finalize financial management operations including (a) identifying and evaluating the assets and liabilities to be vested to the new company; (b) establishing the debt/equity structure of the new company at the outset and the share and loan capitals of the new company; and (e) presenting a ten year corporate plan for the new company;