The World Bank Implementation Status & Results Report Tina River Hydropower Development Project (P161319) Tina River Hydropower Development Project (P161319) EAST ASIA AND PACIFIC | Solomon Islands | Energy & Extractives Global Practice | IBRD/IDA | Investment Project Financing | FY 2017 | Seq No: 5 | ARCHIVED on 06-Nov-2019 | ISR38528 | Implementing Agencies: Solomon Islands Ministry of Finance and Treasury, Solomon Islands Ministry of Mines, Energy and Rural Electrification, Solomon Islands Electricity Authority, Tina Hydropower Limited Key Dates Key Project Dates Bank Approval Date: 20-Jun-2017 Effectiveness Date: 09-Mar-2016 Planned Mid Term Review Date: 03-Aug-2020 Actual Mid-Term Review Date: Original Closing Date: 15-Dec-2025 Revised Closing Date: 15-Dec-2025 pdoTable Project Development Objectives Project Development Objective (from Project Appraisal Document) The project development objective (PDO) is to increase the share of renewable energy through hydropower in Solomon Islands. Has the Project Development Objective been changed since Board Approval of the Project Objective? No Components Table Name Component 1: Tina River Hydropower Facility (HPF):(Cost $185.66 M) Component 2: Access Roads:(Cost $25.00 M) Component 3: Transmission lines:(Cost $22.82 M) Component 4: Technical Assistance:(Cost $7.00 M) Overall Ratings Name Previous Rating Current Rating Progress towards achievement of PDO Moderately Satisfactory Moderately Satisfactory Overall Implementation Progress (IP) Moderately Satisfactory Moderately Satisfactory Overall Risk Rating High High Implementation Status and Key Decisions The Project Agreements (Power Purchase Agreement, Government Guarantee Agreement and Implementation Agreement) and the IDA Financing Agreement and the Australian Pacific Islands Partnership Trust Fund Grant Agreement were signed December 6, 2018. The Project was declared effective on December 19, 2018. Initial key project administrative tasks have been finalized and Component 4 of the Tina Hydropower Development Project implementation activities are progressing. All parties are targeting completion of the Conditions Precedent of the Power Purchase Agreement by the required close date of Dec. 5, 2019. Significant process has been made in the last nine months by all parties including payment of compensation for all land in the core land area, obtaining of all development consents, permits and licences by the Project Company, Tina Hydropower Limited (THL), signing of the On-Lending Agreement between THL and the Solomon Islands Government (SIG) and signing of the Asian Development Bank (ADB) financing agreement between ADB and SIG on September 27, 2019, signing of the Engineering-Procurement- 11/6/2019 Page 1 of 6 The World Bank Implementation Status & Results Report Tina River Hydropower Development Project (P161319) Construction (EPC) contract between THL and Hyundai Engineering Co., Ltd. (HEC) on September 30, 2019. The overall progress of project implementation is remains at Moderately Satisfactory. Risks Systematic Operations Risk-rating Tool Risk Category Rating at Approval Previous Rating Current Rating Political and Governance Moderate Moderate Moderate Macroeconomic Low Low Low Sector Strategies and Policies Moderate Moderate Moderate Technical Design of Project or Program High High High Institutional Capacity for Implementation and Sustainability Substantial Substantial Substantial Fiduciary Substantial Substantial Substantial Environment and Social High High High Stakeholders Substantial Substantial Substantial Other -- -- -- Overall High High High Results PDO Indicators by Objectives / Outcomes Generation capacity of energy constructed or rehabilitated (Megawatt, Corporate) IN00743033 ►Electricity generated by the Project (Gigawatt-hour (GWh), Custom) (Gigawatt-hour (GWh), Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 78.35 Date 30-Jun-2017 15-Mar-2019 15-Mar-2019 15-Dec-2025 IN00743034 ►Hydropower generation capacity constructed under the project (Megawatt, Corporate Breakdown) (Megawatt, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 15.00 Date 30-Jun-2017 15-Mar-2019 15-Mar-2019 15-Dec-2025 IN00743035 11/6/2019 Page 2 of 6 The World Bank Implementation Status & Results Report Tina River Hydropower Development Project (P161319) ►Share of hydropower in the generation mix (Percentage, Custom) (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 68.00 Date 30-Jun-2017 15-Mar-2019 15-Mar-2019 15-Dec-2025 Intermediate Results Indicators by Components Component 1: Tina River Hydropower Facility (HPF) IN00743196 ►Net greenhouse gas (GHG) reduction (tCO2-eq per year) (Tones/year, Custom) (Tones/year, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 49,500.00 Date 30-Jun-2017 15-Mar-2019 15-Mar-2019 15-Dec-2025 IN00743200 ►Private Capital Mobilized (Amount(USD), Custom (Amount(USD), Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 10,400,000.00 Date 30-Jun-2017 15-Mar-2019 15-Mar-2019 15-Dec-2025 IN00743202 ►Fuel savings (million liters per year) (Liters (Million), Custom) (Liters (Million), Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 18.00 Date 30-Jun-2017 15-Mar-2019 15-Mar-2019 15-Dec-2025 Component 2: Access Roads IN00743197 ►Roads constructed, Rural (Kilometers, Custom) (Kilometers, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 18.70 Date 30-Jun-2017 15-Mar-2019 15-Mar-2019 31-Dec-2020 Component 3: Transmission lines IN00743198 ►Transmission lines constructed or rehabilitated under the project (Kilometers, Custom) (Kilometers, Custom) 11/6/2019 Page 3 of 6 The World Bank Implementation Status & Results Report Tina River Hydropower Development Project (P161319) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 23.00 Date 30-Jun-2017 15-Mar-2019 15-Mar-2019 31-Oct-2023 Component 4: Technical Assistance IN00743199 ►Increase in project-affected community household consumption before and after hydropower facility commissioning (Percentage, Custom) (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 20.00 Date 30-Jun-2017 15-Mar-2019 15-Mar-2019 15-Dec-2025 IN00743201 ►Quarterly meetings of the Gender Action Plan Steering Committee taking place in a year (Number, Custom) (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 1.00 26.00 Date 30-Jun-2017 15-Mar-2019 30-Sep-2019 15-Dec-2025 IN00743203 ►Women who are satisfied with the way in which their individual Tribal Cooperative account funds, and those of their children, are spent (Percentage, Custom) (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 75.00 Date 30-Jun-2017 15-Mar-2019 15-Mar-2019 15-Dec-2025 IN00743204 ►Completion of semi-annual, independent social and environmental monitoring reports (Number, Custom) (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 12.00 Date 30-Jun-2017 15-Mar-2019 15-Mar-2019 15-Dec-2025 IN00743205 ►Preparation of Protected Area Management Plan and Budget by upper catchment communities (Yes/No, Custom) (Yes/No, Custom) Baseline Actual (Previous) Actual (Current) End Target Value No No No Yes Date 30-Jun-2017 15-Mar-2019 15-Mar-2019 31-Dec-2020 IN00743206 ►Completion of Dam Safety Advisory Panel annual reviews (Number, Custom) (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 6.00 11/6/2019 Page 4 of 6 The World Bank Implementation Status & Results Report Tina River Hydropower Development Project (P161319) Date 30-Jun-2017 15-Mar-2019 15-Mar-2019 15-Dec-2025 Data on Financial Performance Disbursements (by loan) Project Loan/Credit/TF Status Currency Original Revised Cancelled Disbursed Undisbursed % Disbursed P161319 IDA-60860 Effective USD 23.38 23.38 0.00 0.00 23.38 0% P161319 IDA-D2020 Effective USD 10.26 10.26 0.00 0.35 9.91 3.4% P161319 TF-A1895 Closed USD 1.24 1.24 0.00 1.24 0.00 100% P161319 TF-A4843 Effective USD 11.08 11.08 0.00 0.18 10.90 1.6% Key Dates (by loan) Project Loan/Credit/TF Status Approval Date Signing Date Effectiveness Date Orig. Closing Date Rev. Closing Date P161319 IDA-60860 Effective 20-Jun-2017 06-Dec-2018 19-Dec-2018 30-Jun-2023 15-Dec-2025 P161319 IDA-D2020 Effective 20-Jun-2017 06-Dec-2018 19-Dec-2018 30-Jun-2023 15-Dec-2025 P161319 TF-A1895 Closed 29-Feb-2016 09-Mar-2016 09-Mar-2016 30-Jun-2017 31-Mar-2019 P161319 TF-A4843 Effective 20-Jun-2017 06-Dec-2018 19-Dec-2018 15-Dec-2025 15-Dec-2025 Cumulative Disbursements 11/6/2019 Page 5 of 6 The World Bank Implementation Status & Results Report Tina River Hydropower Development Project (P161319) Restructuring History Level 2 Approved on 23-Nov-2018 Related Project(s) P172278-Tina River Hydropower Development Project Additional Financing ,P172294-Tina River Hydropower Development Project Additional Financing 11/6/2019 Page 6 of 6