Page 1 i Restructuring Status: Draft Restructuring Type: Level two Last modified on date : 03/31/2011 1. Basic Information Project ID & Name P094917: 3A-WAPP APL 1 (CTB Phase 2) Project Country Africa Task Team Leader Sunil W. Mathrani Sector Manager/Director Country Director Original Board Approval Date 06/29/2006 Original Closing Date: 12/31/2010 Current Closing Date 06/30/2013 Proposed Closing Date [if applicable] EA Category B-Partial Assessment Revised EA Category B-Partial Assessment-Partial Assessment EA Completion Date 09/15/2005 Revised EA Completion Date 2. Revised Financing Plan (US$m) Source Original Revised AFDB 0.00 0.00 BORR 15.00 15.00 IDA 60.00 60.00 ISDB 0.00 0.00 WADB 0.00 0.00 Total 75.00 75.00 3. Borrower Organization Department Location Republic of Ghana and Benin Africa Ghana Grid Company Limited (GRIDCo) Ghana 4. Implementing Agency Organization Department Location 60613 v2 Page 2 ii 5. Disbursement Estimates (US$m) Actual amount disbursed as of 03/31/2011 16.43 Fiscal Year Annual Cumulative 2011 0.00 16.43 Total 16.43 6. Policy Exceptions and Safeguard Policies Does the restructured project require any exceptions to Bank policies? N Does the restructured projects trigger any new safeguard policies? If yes, please select from the checklist below and update ISDS accordingly before submitting the package. N 7a. Project Development Objectives/Outcomes Original/Current Project Development Objectives/Outcomes The goal of WAPP is to establish a well-functioning, cooperative, power pooling mechanism for West Africa, as a means to increase access of the citizens of ECOWAS to stable and reliable electricity at affordable costs. The developmental objective of this WAPP APL 1 (CTB Phase 2) Project of the Coastal Transmission Backbone Sub-Program (WAPP APL 1) is to assure more stable and reliable exchange of electricity between the national power systems of the WAPP Zone A Coastal States. Outcomes The expected outcomes include: 1. Increasing cross-border electricity trade between WAPP "Zone A" Coastal States; 2. Reductions in power transfer losses in the principal transmission networks of the WAPP "Zone A" coastal states; 3. More cost efficient coverage of peak power demand through economy power exchanges between WAPP "Zone A" coastal states. The WAPP APL 1 project would be considered successful if it provides ample capacity for unconstrained cross-border electricity trade between the five ECOWAS Member States for up to at least 2020. 7b. Revised Project Development Objectives/Outcomes [if applicable]