The World Bank Implementation Status & Results Report Energy Sector Development Project (P144573) Energy Sector Development Project (P144573) EAST ASIA AND PACIFIC | Tuvalu | Energy & Extractives Global Practice | IBRD/IDA | Investment Project Financing | FY 2015 | Seq No: 10 | ARCHIVED on 07-Dec-2019 | ISR39509 | Implementing Agencies: Tuvalu Fisheries Department, Tuvalu Electricity Corporation Key Dates Key Project Dates Bank Approval Date: 26-Jan-2015 Effectiveness Date: 06-May-2015 Planned Mid Term Review Date: 10-Jul-2018 Actual Mid-Term Review Date: 05-Jul-2018 Original Closing Date: 31-Mar-2019 Revised Closing Date: 30-Sep-2020 pdoTable Project Development Objectives Project Development Objective (from Project Appraisal Document) The project development objective (PDO) is to enhance Tuvalu's energy security by reducing its dependence on imported fuel for power generation and by improving the efficiency and sustainability of its electricity system. Has the Project Development Objective been changed since Board Approval of the Project Objective? No Components Table Name Renewable Energy Investments:(Cost $7.40 M) Energy Efficiency Investments:(Cost $0.70 M) Technical Assistance and Project Management Support:(Cost $1.00 M) Overall Ratings Name Previous Rating Current Rating Progress towards achievement of PDO Moderately Satisfactory Moderately Satisfactory Overall Implementation Progress (IP) Moderately Satisfactory Satisfactory Overall Risk Rating Substantial Substantial Implementation Status and Key Decisions There has been significant progress made during 2019 with contracts for the two major procurement exercises; the prepayment meters and the Solar PV facility, awarded and signed. This is reflected in the increased disbursement rate. The Project Implementation Unit (PIU) has advertised for a new Local Project Implementation Officer who will focus on the supervision of the new construction activities which will commence in late 2019. 12/7/2019 Page 1 of 5 The World Bank Implementation Status & Results Report Energy Sector Development Project (P144573) Risks Systematic Operations Risk-rating Tool Risk Category Rating at Approval Previous Rating Current Rating Political and Governance Moderate Moderate Moderate Macroeconomic Substantial Substantial Substantial Sector Strategies and Policies Moderate Moderate Moderate Technical Design of Project or Program Substantial Substantial Substantial Institutional Capacity for Implementation and Sustainability Substantial Substantial Substantial Fiduciary Substantial Substantial Substantial Environment and Social Substantial Low Low Stakeholders Moderate Moderate Moderate Other -- -- -- Overall Substantial Substantial Substantial Results PDO Indicators by Objectives / Outcomes To enhance Tuvalu’s energy security by reducing its dependence on imported fuel for power generation IN00772329 ►Direct project beneficiaries (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 300.00 1,500.00 Date 30-Dec-2014 31-May-2019 30-Nov-2019 30-Sep-2020 IN00772330 Female beneficiaries (Percentage, Custom Supplement) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 50.00 50.00 IN00772331 ►Projected lifetime energy savings (Megawatt hour(MWh), Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 200.00 13,140.00 Date 30-Dec-2014 31-May-2019 30-Nov-2019 30-Sep-2020 IN00772332 ►Debtor days (Days, Custom) 12/7/2019 Page 2 of 5 The World Bank Implementation Status & Results Report Energy Sector Development Project (P144573) Baseline Actual (Previous) Actual (Current) End Target Value 100.00 100.00 100.00 10.00 Date 30-Dec-2014 31-May-2019 30-Nov-2019 30-Sep-2020 Intermediate Results Indicators by Components Component 1. Renewable Energy Investments IN00772336 ►Enable remote monitoring of RE Projects in 3 outer islands (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 100.00 Date 30-Dec-2014 31-May-2019 30-Nov-2019 30-Sep-2020 IN00772337 ►Generation capacity of energy constructed or rehabilitated (Megawatt, Corporate) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 0.75 Date 31-Dec-2014 31-May-2019 30-Nov-2019 30-Sep-2020 IN00772338 Renewable energy generation capacity (other than hydropower) constructed under the project (Megawatt, Corporate Breakdown) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 0.75 Date 31-Dec-2014 31-May-2019 30-Nov-2019 30-Sep-2020 IN00772339 ►Storage capacity of battery constructed (Megawatt hour(MWh), Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 1.00 Date 31-Dec-2014 31-May-2019 30-Nov-2019 30-Sep-2020 Component 2. Energy Efficiency Investments IN00772333 ►Percentage of customers with prepaid meters (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 100.00 Date 30-Dec-2014 31-May-2019 30-Nov-2019 30-Sep-2020 IN00772335 12/7/2019 Page 3 of 5 The World Bank Implementation Status & Results Report Energy Sector Development Project (P144573) Prepaid Customers Feedback (Percentage, Custom Supplement) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 50.00 Component 3. Technical Assistance and Project Management Support IN00772334 ►Achievement of agreed Training Plan (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 30.00 30.00 100.00 Date 30-Dec-2014 31-May-2019 30-Nov-2019 30-Sep-2020 Data on Financial Performance Disbursements (by loan) Project Loan/Credit/TF Status Currency Original Revised Cancelled Disbursed Undisbursed % Disbursed P144573 IDA-D0290 Effective USD 7.00 7.00 0.00 0.56 6.06 8.4% P144573 TF-18949 Effective USD 2.10 2.10 0.00 1.99 0.11 95% Key Dates (by loan) Project Loan/Credit/TF Status Approval Date Signing Date Effectiveness Date Orig. Closing Date Rev. Closing Date P144573 IDA-D0290 Effective 26-Jan-2015 25-Feb-2015 06-May-2015 31-Mar-2019 30-Sep-2020 P144573 TF-18949 Effective 25-Feb-2015 25-Feb-2015 06-May-2015 31-Dec-2017 30-Nov-2019 Cumulative Disbursements 12/7/2019 Page 4 of 5 The World Bank Implementation Status & Results Report Energy Sector Development Project (P144573) Restructuring History Level 2 Approved on 19-Dec-2017 ,Level 2 Approved on 21-Feb-2019 Related Project(s) There are no related projects. 12/7/2019 Page 5 of 5