Page 1 i Restructuring Status: Archived Restructuring Type: Level two Last modified on date : 12/21/2010 1. Basic Information Project ID & Name P083341: POWER TRANSMISSION Country Azerbaijan Task Team Leader Arturo S. Rivera Sector Manager/Director Ranjit J. Lamech Country Director Asad Alam Original Board Approval Date 05/17/2005 Original Closing Date: 12/31/2010 Current Closing Date 12/31/2011 Proposed Closing Date [if applicable] 12/31/2011 EA Category B-Partial Assessment Revised EA Category B-Partial Assessment-Partial Assessment EA Completion Date 03/01/2004 Revised EA Completion Date 12/22/2010 2. Revised Financing Plan (US$m) Source Original Revised BORR 7.40 7.40 IBRD 48.00 48.00 Total 55.40 55.40 3. Borrower Organization Department Location 4. Implementing Agency Organization Department Location Azerenerji Azerbaijan Page 2 ii 5. Disbursement Estimates (US$m) Actual amount disbursed as of 12/23/2010 40.18 Fiscal Year Annual Cumulative 2010 0.00 40.18 2011 4.00 44.18 2012 3.82 48.00 Total 48.00 6. Policy Exceptions and Safeguard Policies Does the restructured project require any exceptions to Bank policies? N Does the restructured projects trigger any new safeguard policies? If yes, please select from the checklist below and update ISDS accordingly before submitting the package. N 7a. Project Development Objectives/Outcomes Original/Current Project Development Objectives/Outcomes The primary objective of the project is to improve the efficiency of the power transmission operation in Azerbaijan through technical and institutional strengthening of the generation/transmission utility. The project has as a secondary objective to contribute to strengthening Azerenerji's financial position. 7b. Revised Project Development Objectives/Outcomes [if applicable]