The World Bank Implementation Status & Results Report Moldova Power System Development Project (P160829) Moldova Power System Development Project (P160829) EUROPE AND CENTRAL ASIA | Moldova | Energy & Extractives Global Practice | IBRD/IDA | Investment Project Financing | FY 2019 | Seq No: 1 | ARCHIVED on 11-Sep-2019 | ISR38171 | Implementing Agencies: Ministry of Economy and Infrastructure, Ministry of Finance, SE Moldelectrica, Moldova Energy Projects Implementation Unit (MEPIU) Key Dates Key Project Dates Bank Approval Date: 08-May-2019 Effectiveness Date: Planned Mid Term Review Date: -- Actual Mid-Term Review Date: Original Closing Date: 31-Aug-2024 Revised Closing Date: 31-Aug-2024 pdoTable Project Development Objectives Project Development Objective (from Project Appraisal Document) The Project Development Objective is to increase capacity and improve reliability of the power transmission system in Moldova. Has the Project Development Objective been changed since Board Approval of the Project Objective? No Components Table Name Construction of Vulcanesti-Chisinau overhead line:(Cost $46.50 M) Extension of two existing substations:(Cost $13.80 M) Strengthening of power dispatch and metering system:(Cost $7.20 M) Technical Assistance and Project Management:(Cost $2.50 M) Overall Ratings Name Previous Rating Current Rating Progress towards achievement of PDO -- Satisfactory Overall Implementation Progress (IP) -- Satisfactory Overall Risk Rating -- Substantial Implementation Status and Key Decisions The Project was approved by the Board on May 8, 2019 with no major delays. However, Project's effectiveness has been delayed because of a political crisis with the newly elected parliament in February 2019 failing to vote for a new government. Ultimately, a new parliament majority was formed, and a new government sworn in late June 2019. The Ministry of Economy and Infrastructure (MoEI) and the Moldova Energy Projects Implementation Unit (MEPIU) have worked since to prepare the signing of the PSDP's Financing Agreements (FAs) for International Development Association (IDA) and IDA Scale-up Facility (SUF) respectively, fulfilling all due procedures and authorizations. Project's signing is currently scheduled for September 23, 2019. Minister of Finance will sign on behalf of the Government. 9/11/2019 Page 1 of 5 The World Bank Implementation Status & Results Report Moldova Power System Development Project (P160829) MoEI and MEPIU also worked on the remaining two effectiveness conditions: (i) adoption of Project's Operations Manual, and (ii) execution of Implementation Agreement between Termoelectrica and MoF, both documents in draft and currently under revision by the MoEI and MoF. Parliament ratification of FAs is expected by mid-October 2019. Risks Systematic Operations Risk-rating Tool Risk Category Rating at Approval Previous Rating Current Rating Political and Governance High -- High Macroeconomic High -- High Sector Strategies and Policies Substantial -- Substantial Technical Design of Project or Program Moderate -- Moderate Institutional Capacity for Implementation and Sustainability Moderate -- Moderate Fiduciary Moderate -- Moderate Environment and Social Substantial -- Substantial Stakeholders Substantial -- Substantial Other Moderate -- Moderate Overall Substantial -- Substantial Results PDO Indicators by Objectives / Outcomes Increased transmission capacity along the Vulcanesti-Chisinau corridor IN00732352 ►Increased transmission capacity along the Vulcanesti-Chisinau corridor (Kilovolt-Amphere(KVA), Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 -- 0.00 900,000.00 Date 01-Jan-2019 -- 30-Jul-2019 30-Aug-2024 Comments: The indicator is measured as the nominal capacity of the 400 kV Vulcanesti - Chisinau OHVL. IN00732353 ►Reduced number of interruptions between Vulcanesti SS and Chisinau SS (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 5.00 -- 5.00 1.00 9/11/2019 Page 2 of 5 The World Bank Implementation Status & Results Report Moldova Power System Development Project (P160829) Date 01-Jan-2019 -- 30-Jul-2019 30-Aug-2024 The indicator is measured as number of trips between Vulcanesti SS and Chisinau SS. Before Comments: commissioning of the new 400 kV Vulcanesti-Chisinau OHVL, the number will be counted for existing MGRES-Chisinau line and existing Vulcanesti-MGRES line. Intermediate Results Indicators by Components Component 1: Construction of the 400 kV Vulcanesti-Chisinau overhead transmission line IN00732354 ►Construction of the 400 kV Vulcanesti-Chisinau transmission line (Kilometers, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 -- 0.00 158.00 Date 03-Jun-2019 -- 10-Sep-2019 30-Aug-2024 Component 2: Extension of two existing substations IN00732361 ►Substation extensions completed (Yes/No, Custom) Baseline Actual (Previous) Actual (Current) End Target Value No -- No Yes Date 09-Jan-2019 -- 10-Sep-2019 30-Aug-2024 Component 3: Strengthening of power dispatch and metering system IN00732355 ►SCADA/EMS and MMS upgraded (Yes/No, Custom) Baseline Actual (Previous) Actual (Current) End Target Value No -- No Yes Date 01-Jan-2019 -- 10-Sep-2019 30-Aug-2024 IN00732363 ►New ME HQ building completed (Yes/No, Custom) Baseline Actual (Previous) Actual (Current) End Target Value No -- No Yes Date 30-Aug-2019 -- 10-Sep-2019 30-Aug-2024 Component 4: Technical Assistance and Project Management IN00732362 ►Percentage of women employed by Moldelectrica (percentage) (Percentage, Custom) 9/11/2019 Page 3 of 5 The World Bank Implementation Status & Results Report Moldova Power System Development Project (P160829) Baseline Actual (Previous) Actual (Current) End Target Value 15.00 -- 15.00 16.00 Date 05-Feb-2019 -- 10-Sep-2019 30-Aug-2024 IN00732364 ►Percentage of members in affected communities along the OHTL reporting that their engagement in the public consultations under the project useful and represent their views and preferences (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 -- 0.00 50.00 Date 05-Feb-2019 -- 10-Sep-2019 30-Aug-2024 Data on Financial Performance Disbursements (by loan) Project Loan/Credit/TF Status Currency Original Revised Cancelled Disbursed Undisbursed % Disbursed Not P160829 IDA-63800 USD 55.00 55.00 0.00 0.00 53.39 0% Effective Not P160829 IDA-63810 USD 15.00 15.00 0.00 0.00 14.60 0% Effective Key Dates (by loan) Project Loan/Credit/TF Status Approval Date Signing Date Effectiveness Date Orig. Closing Date Rev. Closing Date Not P160829 IDA-63800 08-May-2019 -- -- 31-Aug-2024 31-Aug-2024 Effective Not P160829 IDA-63810 08-May-2019 -- -- 31-Aug-2024 31-Aug-2024 Effective Cumulative Disbursements 9/11/2019 Page 4 of 5 The World Bank Implementation Status & Results Report Moldova Power System Development Project (P160829) Restructuring History There has been no restructuring to date. Related Project(s) There are no related projects. 9/11/2019 Page 5 of 5