Public Disclosure Copy The World Bank Implementation Status & Results Report Electric Power Project (P143988) Electric Power Project (P143988) EAST ASIA AND PACIFIC | Myanmar | Energy & Extractives Global Practice | IBRD/IDA | Investment Project Financing | FY 2014 | Seq No: 9 | ARCHIVED on 20-Jan-2018 | ISR30463 | Implementing Agencies: Ministry of Electricity and Energy, Ministry of Finance, Electric Power Generation Enterprise Key Dates Key Project Dates Bank Approval Date:24-Sep-2013 Effectiveness Date:14-Jan-2014 Planned Mid Term Review Date:30-Sep-2016 Actual Mid-Term Review Date:17-Mar-2014 Original Closing Date:30-Apr-2018 Revised Closing Date:30-Apr-2018 Project Development Objectives Project Development Objective (from Project Appraisal Document) Increase the capacity and efficiency of gas-fired power generation in Myanmar and strengthen the institutional capacity of relevant agencies. Has the Project Development Objective been changed since Board Approval of the Project Objective? No PHRPDODEL Components Name 1. Combined Cycle Gas Turbine (CCGT) Power Plant:(Cost $130.00 M) 2. Technical Assistance and Advisory Services:(Cost $10.00 M) Overall Ratings Name Previous Rating Current Rating Progress towards achievement of PDO  Moderately Satisfactory  Satisfactory Overall Implementation Progress (IP)  Moderately Unsatisfactory  Moderately Satisfactory Overall Risk Rating  Substantial  Substantial Implementation Status and Key Decisions Progress toward the development objective, and overall implementation progress, are rated moderately satisfactory. Physical construction of the power 1/20/2018 Page 1 of 7 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Electric Power Project (P143988) plant is on track for the commissioning period to begin in early 2018 and continue to mid-2018. Project Restructuring (with amendment of the Financing Agreement) extends the closing date by 12 months from April 2018 to April 2019, to reflect contractual timeline for plant commissioning and to accommodate technical assistance activities for a short period after commissioning. Restructuring also reflects triggering of operational policy on involuntary resettlement for construction of water pipelines, affecting five households and one military establishment. Risks Systematic Operations Risk-rating Tool Risk Category Rating at Approval Previous Rating Current Rating Political and Governance  --  Moderate  Moderate Macroeconomic  --  Low  Low Sector Strategies and Policies  --  Substantial  Substantial Technical Design of Project or Program  --  Moderate  Moderate Institutional Capacity for Implementation and Sustainability  --  Substantial  Moderate Fiduciary  --  Substantial  Substantial Environment and Social  --  Substantial  Moderate Stakeholders  --  Moderate  Moderate Other  --  --  -- Overall  --  Substantial  Substantial Results Project Development Objective Indicators PHINDPDOTBL  Generation capacity of energy constructed or rehabilitated (Megawatt, Corporate) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 106.00 Date 01-Nov-2013 20-Oct-2017 20-Oct-2017 28-Sep-2018 PHINDPDOTBL  Thermal (conventional) power generation capacity constructed under the project (Megawatt, Corporate Breakdown) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 106.00 1/20/2018 Page 2 of 7 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Electric Power Project (P143988) Date 01-Nov-2013 20-Oct-2017 20-Oct-2017 28-Sep-2018 PHINDPDOTBL  Projected energy or fuel savings (Mega Joules (MJ), Corporate) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 3,900.00 Date 01-Nov-2013 20-Oct-2017 20-Oct-2017 30-Apr-2019 PHINDPDOTBL  Increase in electricity generation (annual) (Gigawatt-hour (GWh), Custom) Baseline Actual (Previous) Actual (Current) End Target Value 260.00 163.26 163.26 770.00 Date 01-Nov-2013 02-Jan-2017 02-Jan-2017 30-Apr-2019 Comments Thaton is one of the two most inefficient and as such expansive plants in the country. The utilization of plant gets lower priority and new IPPs and Rental plants coming subsequent to project appraisal have allowed flexibility to reduce Thaton plants utilization. PHINDPDOTBL  Increase of thermal efficiency of energy conversion (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 20.00 15.40 15.40 48.00 Date 01-Nov-2013 31-Jan-2017 31-Jan-2017 30-Apr-2019 Comments As explained above the Utilization of Thaton has been lower, due to its high cost and also some flexibility provided by IPPs and Rental plants coming subsequent to the project appraisal. 1/20/2018 Page 3 of 7 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Electric Power Project (P143988) PHINDPDOTBL  National Electrification Plan (Text, Custom) Baseline Actual (Previous) Actual (Current) End Target The Government has The Government has begun implementation begun implementation of of the National the National Electrification Plan, Electrification Plan, through the World through the World Bank- NEP under Value No plan Bank-supported supported National implementation National Electrification Electrification Project, Project, since the since the financing financing agreement agreement was signed was signed in October in October 2015. 2015. Date 01-Nov-2013 27-Oct-2016 27-Oct-2016 31-Oct-2017 PHINDPDOTBL  Participants of training and capacity building activities from relevant agencies (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 175.00 175.00 40.00 Date 01-Nov-2013 27-Oct-2017 27-Oct-2017 30-Apr-2019 Overall Comments Two PDO indicators, “increase in electricity generated”, and “increase of thermal efficiency of energy conversion”, show actual numbers are lower than the baseline figures. This reflects decreased operation of the existing, old plant in recent years compared to its operation at the time of Project appraisal in 2013. Operation of the existing plant has decreased over time due to (a) continuing deterioration of old plant equipment, and (b) lower priority dispatch of the plant given that its efficiency is lower than other plants in the fleet. The target values remain appropriate for the new plant. Intermediate Results Indicators 1/20/2018 Page 4 of 7 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Electric Power Project (P143988) PHINDIRITBL  Construction Progress (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 84.31 84.31 100.00 Date 01-Nov-2013 31-Oct-2017 31-Oct-2017 28-Sep-2018 PHINDIRITBL  Actual cost vs cost estimates (overruns if >100%) (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 85.00 85.00 100.00 Date 01-Nov-2013 31-Oct-2017 31-Oct-2017 30-Apr-2019 PHINDIRITBL  Reduction of CO2 emissions per output generated (gCO2eq/kWh) (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 400.00 Date 01-Nov-2013 27-Dec-2016 27-Dec-2016 30-Apr-2019 PHINDIRITBL  Feedback mechanism in place for citizens affected by the Project, and the relevant agency reports on if/how feedback has been used. (Text, Custom) Baseline Actual (Previous) Actual (Current) End Target Mechanism in Mechanism in place place and Mechanism in place and Value Nil and first report reports first report published. published. published every six months. Date 01-Nov-2013 24-Oct-2017 24-Oct-2017 30-Apr-2019 1/20/2018 Page 5 of 7 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Electric Power Project (P143988) PHINDIRITBL  Public consultations are sensitive to gender: Percentage of women participants is more than 50% on average. (Yes/No, Custom) Baseline Actual (Previous) Actual (Current) End Target Value N Y Y Y Date 02-Nov-2013 24-Oct-2017 24-Oct-2017 30-Apr-2019 Overall Comments Data on Financial Performance Disbursements (by loan) Project Loan/Credit/TF Status Currency Original Revised Cancelled Disbursed Undisbursed Disbursed P143988 IDA-53060 Effective USD 140.00 140.00 0.00 66.93 63.92 51% Key Dates (by loan) Project Loan/Credit/TF Status Approval Date Signing Date Effectiveness Date Orig. Closing Date Rev. Closing Date P143988 IDA-53060 Effective 24-Sep-2013 12-Oct-2013 14-Jan-2014 30-Apr-2018 30-Apr-2018 Cumulative Disbursements 1/20/2018 Page 6 of 7 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Electric Power Project (P143988) Restructuring History Level 2 Approved on 16-Dec-2016 ,Level 2 Approved on 22-Dec-2017 Related Project(s) There are no related projects. 1/20/2018 Page 7 of 7 Public Disclosure Copy