RPCL Business Plan and the Plant’s Operation & Maintenance
RPCL O&M Model is a Hybrid – Owner Operated with Short Term Advisors from a single specialized company expected to be on board on October 2021. RPCL chose a strategic approach to sustainable O&M since it is estimated to have all the competencies required to run the Power Plant and supply electricity to its Shareholders, considering that the Company’s institutional arrangements, agreements, laws and regulations are supportive and free of interference that would create barriers to meeting its objectives.
Given that there are no one-size-fits-all solutions to determining best practices for carrying out the management of the operations phase of a multi-national hydropower project like RRFHP, RPCL took note of some lessons from some hydropower plants to ensure that mistakes or flaws in institutional arrangements in the past are not repeated and that things that worked well are replicated.
RPCL should choose a course of action that is thought to be the best fit for managing its Plant rather than being restricted by the two extremes of all in-house or all outsourced.
Competencies will continuously be developed or/and procured, including in staffing RPCL and creating a business environment. RPCL institutional arrangement for the development and operations of the Plant was well thought out in terms of affording RPCL sufficient autonomy from political interference. The design of financial flows and processes are being established and will ensure the use of best practices in debt repayment and availability of adequate operating funds to manage O&M and to provide for future investments.