The World Bank Implementation Status & Results Report Dasu Hydropower Stage I Project (P121507) Dasu Hydropower Stage I Project (P121507) SOUTH ASIA | Pakistan | Energy & Extractives Global Practice | IBRD/IDA | Investment Project Financing | FY 2014 | Seq No: 11 | ARCHIVED on 04-Dec-2019 | ISR39592 | Implementing Agencies: Islamic Republic of Pakistan, Water and Power Development Authority (WAPDA), National Transmission and Despatch Company, Ministry or Water Resources Key Dates Key Project Dates Bank Approval Date: 10-Jun-2014 Effectiveness Date: 20-Nov-2014 Planned Mid Term Review Date: 20-Apr-2020 Actual Mid-Term Review Date: Original Closing Date: 30-Jun-2022 Revised Closing Date: 30-Jun-2022 pdoTable Project Development Objectives Project Development Objective (from Project Appraisal Document) The overall project development objective is to facilitate the expansion of electricity supply of hydro-power in Pakistan. The Project would also improve access to socio- economic services for local communities in the project area and build WAPDA’s capacity to prepare future hydropower projects. This would be achieved by installing a 2,160 MW hydropower plant on the main Indus River, which can be expanded to 4,320 MW in future at very low cost. The Project is a “high-risk-high reward” operation aimed at providing low cost non-carbon renewable energy. Has the Project Development Objective been changed since Board Approval of the Project Objective? No Components Table Name Component A: Construction of the Main Hydraulic Structure on the Indus River (of which IDA $10.0 million):(Cost $1479.70 M) Component B: Power Generation Facilities:(Cost $1397.80 M) Component C: Preparatory Works (of which IDA $183.9 million):(Cost $344.80 M) Component D: Transmission Line (of which IDA $15.0 million):(Cost $350.00 M) Component E: Implementation of Social and Environmental Management Plans, and Glacial, Sediment River Monitoring (of which IDA $266. 5 million):(Cost $503.90 M) Component F: Construction Supervision, Monitoring and Evaluation of the Project Impacts and Social and Environmental Management Plan s (of which IDA $53.0 million):(Cost $99.10 M) Component G: Project Management Support, Capacity Building of WAPDA, Technical Assistance and Training (of which IDA $60.0 million):(Cost $72.40 M) Overall Ratings 12/4/2019 Page 1 of 7 The World Bank Implementation Status & Results Report Dasu Hydropower Stage I Project (P121507) Name Previous Rating Current Rating Progress towards achievement of PDO ►Satisfactory ►Satisfactory Overall Implementation Progress (IP) ►Moderately Satisfactory ►Moderately Satisfactory Overall Risk Rating ►High ►High Implementation Status and Key Decisions Dasu Hydropower Stage I (DHP-I) is a 2,160 MW run-of-river greenfield project located about 240 km upstream from Tarbela Dam on main River Indus. It will supply 12,225 GWh annually and is part of least cost solution to mitigate power shortfall and reduce cost of generation in the country. The project comprises of six generating units of 360 MW each as well as 250 km, 765 kV double circuit transmission line from Dasu to Islamabad. An IDA credit in the amount of SDR 379.7 million (US$588.4 million equivalent) and an IDA Partial Credit Guarantee (PCG) in the amount of US$460 million have been approved by the World Bank for DHP-I. The IDA credit funds are primarily being used for project supervision, implementation of social and environmental management plans, and preparatory works such as relocation of Karakoram Highway (KKH), access roads, offices and colonies. DHP-I has continued to show significant progress during the months since August 2019. Most importantly, the land acquisition deadlock is now finally removed with support of the highest level of the government. The final administrative approval for the enhanced land rates and regularization of recently built-up structures have been accorded by the Cabinet Division and endorsed by Finance Division on November 05, 2019. The Deputy Commissioner has confirmed that 1,277 acres in the prioritized construction area will be ready for award. The land for the construction footprint is expected to be awarded the next three months and the remaining land for the project awarded within the next six months. Settling of payments and handing over may take longer time, but is expected to be completed over the next 18 months. The construction of diversion tunnels and underground work for the power house continues according to plan. Colony work has progressed and the foundation works for the main office buildings have been done. The EM-01 contract was awarded and signed on November 25, 2019, and the EM contractor is ready to mobilize in early 2020. This means that all major contracts for Dasu hydropower component have been awarded. Detailed Design and bidding documents for the Transmission Line are ready and Pre- Qualification documents are being prepared. Risks Systematic Operations Risk-rating Tool Risk Category Rating at Approval Previous Rating Current Rating Political and Governance -- ►Substantial ►Substantial Macroeconomic -- ►Substantial ►Substantial Sector Strategies and Policies -- ►Substantial ►Substantial Technical Design of Project or Program -- ►Substantial ►Substantial Institutional Capacity for Implementation and Sustainability -- ►High ►High Fiduciary -- ►Substantial ►Substantial Environment and Social -- ►High ►High Stakeholders -- ►Substantial ►Substantial Other -- ►Substantial ►Substantial Overall -- ►High ►High 12/4/2019 Page 2 of 7 The World Bank Implementation Status & Results Report Dasu Hydropower Stage I Project (P121507) Results PDO Indicators by Objectives / Outcomes To facilitate the expansion of electricity supply of hydro-power in Pakistan IN00774830 ►Generation Capacity of Hydropower constructed or rehabilitated under the project (Megawatt, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 2,160.00 Date 01-Apr-2014 19-Jul-2019 29-Nov-2019 31-Dec-2021 IN00774837 ►Generation Capacity of Hydropower constructed under the project (Megawatt, Custom Breakdown) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 2,160.00 Date 01-Apr-2014 19-Jul-2019 29-Nov-2019 31-Dec-2021 IN00774838 ►Annual electricity supply renewable energy annually (Gigawatt-hour (GWh), Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 12,000.00 Date 01-Apr-2014 19-Jul-2019 29-Nov-2019 31-Dec-2021 To improve access to socio-economic services for local communities in the project area IN00774829 ►Number of additional people in the project area with improved socio-economic services (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 20,000.00 Date 01-Apr-2014 19-Jul-2019 29-Nov-2019 31-Dec-2021 To build WAPDA’s capacity to prepare future hydropower IN00774836 ►Number of large hydropower project on the Indus River prepared by WAPDA (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 1.00 Date 01-Apr-2014 19-Jul-2019 29-Nov-2019 31-Dec-2021 12/4/2019 Page 3 of 7 The World Bank Implementation Status & Results Report Dasu Hydropower Stage I Project (P121507) Intermediate Results Indicators by Components Component A: Construction of the Main Hydraulic Structure on the Indus River (of which IDA $10.0 million) IN00774839 ►Construction of main hydraulic structure (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 1.50 2.00 100.00 Date 01-Apr-2014 19-Jul-2019 29-Nov-2019 31-Dec-2021 IN00774845 ►Private/Commercial Capital Mobilized (cumulative figures in million) (Amount(USD), Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 1,720.00 1,720.00 2,450.00 Date 01-Apr-2014 19-Jul-2019 29-Nov-2019 31-Dec-2021 Component B: Power Generation Facilities IN00774840 ►Construction of intake, waterways and power house (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 1.00 2.50 100.00 Date 01-Apr-2014 19-Jul-2019 29-Nov-2019 31-Dec-2021 IN00774846 ►Number of 360 MW power units installed (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 6.00 Date 01-Apr-2014 19-Jul-2019 29-Nov-2019 31-Dec-2021 Component C: Preparatory Works (of which IDA $183.9 million) IN00774841 ►Construction of RAR KKH 1, KKH2, Power line, colonies (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 26.00 30.00 100.00 Date 01-Apr-2014 19-Jul-2019 29-Nov-2019 31-Dec-2021 12/4/2019 Page 4 of 7 The World Bank Implementation Status & Results Report Dasu Hydropower Stage I Project (P121507) Component D: Transmission Line (of which IDA $15.0 million) IN00774842 ►Double Circuit Transmission Line constructed (Kilometers, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 250.00 Date 01-Apr-2014 19-Jul-2019 29-Nov-2019 31-Dec-2021 IN00774849 ►Transmission Line Constructed (Kilometers, Custom Breakdown) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 350.00 Date 01-Apr-2014 19-Jul-2019 29-Nov-2019 31-Dec-2021 Component E: Implementation of Social and Environmental Management Plans, and Glacial, Sediment River Monitoring (of which IDA $266. 5 million) IN00774843 ►Implementation of SRMP and EMP (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 5.00 6.00 100.00 Date 01-Apr-2014 19-Jul-2019 29-Nov-2019 31-Dec-2021 IN00774847 ►Percentage of agreed local development plan implemented (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 100.00 Date 01-Apr-2014 19-Jul-2019 29-Nov-2019 31-Dec-2021 Component G: Project Management Support, Capacity Building of WAPDA, Technical Assistance and Training (of which IDA $60.0 million) IN00774844 ►Hydropower Project with detailed design, environmental and social safeguards studies completed (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 1.00 Date 01-Apr-2014 19-Jul-2019 29-Nov-2019 31-Dec-2021 IN00774848 ►Capacity Building of WAPDA (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target 12/4/2019 Page 5 of 7 The World Bank Implementation Status & Results Report Dasu Hydropower Stage I Project (P121507) Value 0.00 2.00 2.50 100.00 Date 01-Apr-2014 19-Jul-2019 29-Nov-2019 31-Dec-2021 Data on Financial Performance Disbursements (by loan) Project Loan/Credit/TF Status Currency Original Revised Cancelled Disbursed Undisbursed % Disbursed P121507 IDA-54970 Effective USD 190.30 190.30 0.00 0.00 170.13 0% P121507 IDA-54980 Effective USD 398.10 398.10 0.00 216.85 138.88 61% Key Dates (by loan) Project Loan/Credit/TF Status Approval Date Signing Date Effectiveness Date Orig. Closing Date Rev. Closing Date P121507 IDA-54970 Effective 10-Jun-2014 25-Aug-2014 20-Nov-2014 30-Jun-2022 30-Jun-2022 P121507 IDA-54980 Effective 10-Jun-2014 25-Aug-2014 20-Nov-2014 30-Jun-2022 30-Jun-2022 Cumulative Disbursements 12/4/2019 Page 6 of 7 The World Bank Implementation Status & Results Report Dasu Hydropower Stage I Project (P121507) Restructuring History Level 2 Approved on 14-Oct-2016 ,Level 2 Approved on 17-Nov-2017 ,Level 2 Approved on 22-Nov-2018 ,Level 2 Approved on 20-Nov-2019 Related Project(s) P150756-IDA Partial Credit Guarantee for Dasu Hydropower Phase-I Project ,P167843-Additional Financing For Dasu Hydropower Phase I Project (Transmission Line) 12/4/2019 Page 7 of 7