no, it's not. It has to say "daylight". They tend to be more expensive - they give off light that has a broader spectrum of light, unlike traditional florescent bulbs.
120W would give you 12wpg, which would let you grow a wide range of plants, but you'll have to do some serious co2 dosing, and get your fish some shades.
Keep in mind that the spiral shape of the bulb causes a lot of restrike, and it's smaller size means it doesn't "cover as much ground" as other bulbs. Other than that, they've worked well for me. And it does get quite hot.
You should also check how many watts your ballast can actually power.