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: 10 | ARCHIVED on 09-Aug-2019 | ISR37980 | 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: 15-Nov-2019 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 Name Previous Rating Current Rating Progress towards achievement of PDO Satisfactory Satisfactory Overall Implementation Progress (IP) Moderately Unsatisfactory Moderately Satisfactory Overall Risk Rating High High 8/9/2019 Page 1 of 6 The World Bank Implementation Status & Results Report Dasu Hydropower Stage I Project (P121507) 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. Project implementation progress has improved in the last six months. At site, progress has been seen in construction of river diversion tunnels and the access to the underground powerhouse. Planning of local area development projects is in advanced stage and bidding for priority schemes for water supply and street lights will soon commence. Project implementation progress rating has therefore been upgraded to Moderately Satisfactory. However, a pre-requisite for keeping this rating is that necessary clearance is given for the revised land compensation rates and that this leads to award of prioritized lands during the next six months. 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 Results PDO Indicators by Objectives / Outcomes To facilitate the expansion of electricity supply of hydro-power in Pakistan IN00726698 ►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 8/9/2019 Page 2 of 6 The World Bank Implementation Status & Results Report Dasu Hydropower Stage I Project (P121507) Date 01-Apr-2014 17-Dec-2018 19-Jul-2019 31-Dec-2021 IN00726700 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 17-Dec-2018 19-Jul-2019 31-Dec-2021 IN00726746 ►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 17-Dec-2018 19-Jul-2019 31-Dec-2021 To improve access to socio-economic services for local communities in the project area IN00726697 ►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 17-Dec-2018 19-Jul-2019 31-Dec-2021 To build WAPDA’s capacity to prepare future hydropower IN00726699 ►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 17-Dec-2018 19-Jul-2019 31-Dec-2021 Intermediate Results Indicators by Components Component A: Construction of the Main Hydraulic Structure on the Indus River (of which IDA $10.0 million) IN00726747 ►Construction of main hydraulic structure (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 1.00 1.50 100.00 Date 01-Apr-2014 17-Dec-2018 19-Jul-2019 31-Dec-2021 IN00726753 8/9/2019 Page 3 of 6 The World Bank Implementation Status & Results Report Dasu Hydropower Stage I Project (P121507) ►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 17-Dec-2018 19-Jul-2019 31-Dec-2021 Component B: Power Generation Facilities IN00726748 ►Construction of intake, waterways and power house (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 1.00 1.00 100.00 Date 01-Apr-2014 17-Dec-2018 19-Jul-2019 31-Dec-2021 IN00726754 ►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 17-Dec-2018 19-Jul-2019 31-Dec-2021 Component C: Preparatory Works (of which IDA $183.9 million) IN00726749 ►Construction of RAR KKH 1, KKH2, Power line, colonies (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 24.00 26.00 100.00 Date 01-Apr-2014 17-Dec-2018 19-Jul-2019 31-Dec-2021 Component D: Transmission Line (of which IDA $15.0 million) IN00726750 ►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 17-Dec-2018 19-Jul-2019 31-Dec-2021 IN00726757 Transmission Line Constructed (Kilometers, Custom Breakdown) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 350.00 8/9/2019 Page 4 of 6 The World Bank Implementation Status & Results Report Dasu Hydropower Stage I Project (P121507) Date 01-Apr-2014 17-Dec-2018 19-Jul-2019 31-Dec-2021 Component E: Implementation of Social and Environmental Management Plans, and Glacial, Sediment River Monitoring (of which IDA $266. 5 million) IN00726751 ►Implementation of SRMP and EMP (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 5.00 5.00 100.00 Date 01-Apr-2014 17-Dec-2018 19-Jul-2019 31-Dec-2021 IN00726755 ►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 17-Dec-2018 19-Jul-2019 31-Dec-2021 Component G: Project Management Support, Capacity Building of WAPDA, Technical Assistance and Training (of which IDA $60.0 million) IN00726752 ►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 17-Dec-2018 19-Jul-2019 31-Dec-2021 IN00726756 ►Capacity Building of WAPDA (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 2.00 2.00 100.00 Date 01-Apr-2014 17-Dec-2018 19-Jul-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 0.00 211.74 144.23 59% 8/9/2019 Page 5 of 6 The World Bank Implementation Status & Results Report Dasu Hydropower Stage I Project (P121507) 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 Restructuring History Level 2 Approved on 14-Oct-2016 ,Level 2 Approved on 17-Nov-2017 ,Level 2 Approved on 22-Nov-2018 Related Project(s) P150756-IDA Partial Credit Guarantee for Dasu Hydropower Phase-I Project ,P167843-Additional Financing Dasu Hydropower Project Transmission Line & Stage II 8/9/2019 Page 6 of 6