The World Bank Implementation Status & Results Report Energy Sector Development Project (P144573) Energy Sector Development Project (P144573) EAST ASIA AND PACIFIC | Tuvalu | Energy & Extractives Global Practice | IBRD/IDA | Investment Project Financing | FY 2015 | Seq No: 8 | ARCHIVED on 20-Dec-2018 | ISR34530 | Implementing Agencies: Government of Tuvalu, Tuvalu Electricity Corporation Key Dates Key Project Dates Bank Approval Date: 26-Jan-2015 Effectiveness Date: 06-May-2015 Planned Mid Term Review Date: 10-Jul-2018 Actual Mid-Term Review Date: 05-Jul-2018 Original Closing Date: 31-Mar-2019 Revised Closing Date: 31-Mar-2019 pdoTable Project Development Objectives Project Development Objective (from Project Appraisal Document) The project development objective (PDO) is to enhance Tuvalu's energy security by reducing its dependence on imported fuel for power generation and by improving the efficiency and sustainability of its electricity system. Has the Project Development Objective been changed since Board Approval of the Project Objective? No Components Table Name Renewable Energy Investments:(Cost $7.40 M) Energy Efficiency Investments:(Cost $1.20 M) Technical Assistance and Project Management Support:(Cost $0.50 M) Overall Ratings Name Previous Rating Current Rating Progress towards achievement of PDO Moderately Satisfactory Moderately Satisfactory Overall Implementation Progress (IP) Moderately Unsatisfactory Moderately Satisfactory Overall Risk Rating Substantial Substantial Implementation Status and Key Decisions Progress under the Project continues to be slow and the time required to conduct major procurement activities and obtain adequate tenders illustrates the difficulty of implementation in such a small and remote market. The Project Implementation Unit (PIU) has included an additional part time role of Implementation Support Advisor to provide extra assistance with moving the Project forward. The PIU receives financial management support from Tuvalu Aviation Investment Project which has significantly improved financial management of the Project and improved reporting requirements. 12/20/2018 Page 1 of 5 The World Bank Implementation Status & Results Report Energy Sector Development Project (P144573) Risks Systematic Operations Risk-rating Tool Risk Category Rating at Approval Previous Rating Current Rating Political and Governance Moderate Moderate Moderate Macroeconomic Substantial Substantial Substantial Sector Strategies and Policies Moderate Moderate Moderate Technical Design of Project or Program Substantial Substantial Substantial Institutional Capacity for Implementation and Sustainability Substantial Substantial Substantial Fiduciary Substantial Substantial Substantial Environment and Social Substantial Low Low Stakeholders Moderate Moderate Moderate Other -- -- -- Overall Substantial Substantial Substantial Results PDO Indicators by Objectives / Outcomes To enhance Tuvalu’s energy security by reducing its dependence on imported fuel for power generation IN00552843 ►Direct project beneficiaries (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 -- 0.00 1,500.00 Date 30-Dec-2014 -- 31-Oct-2018 31-Mar-2019 IN00552847 Female beneficiaries (Percentage, Custom Supplement) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 -- 0.00 50.00 IN00552836 ►Projected lifetime fuel savings (Mega Joules (MJ), Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 -- 0.00 15,693,382.00 Date 30-Dec-2014 -- 31-Oct-2018 31-Mar-2019 IN00552837 12/20/2018 Page 2 of 5 The World Bank Implementation Status & Results Report Energy Sector Development Project (P144573) ►Projected lifetime energy savings (Megawatt hour(MWh), Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 -- 0.00 1,724.00 Date 30-Dec-2014 -- 31-Oct-2018 31-Mar-2019 IN00552839 ►Debtor days (Days, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 100.00 -- 100.00 10.00 Date 30-Dec-2014 -- 31-Oct-2018 31-Mar-2019 Intermediate Results Indicators by Components Component 1. Renewable Energy Investments IN00552842 ►Generation Capacity of Renewable Energy (other than hydropower) constructed (Megawatt, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 -- 0.00 1.13 Date 30-Dec-2014 -- 31-Oct-2018 31-Mar-2019 IN00552845 Generation Capacity of Renewable Energy constructed – Wind (Megawatt, Custom Breakdown) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 -- 0.00 0.20 Date 30-Dec-2014 -- 31-Oct-2018 31-Mar-2019 IN00552846 Generation Capacity of Renewable Energy constructed-Solar (Megawatt, Custom Breakdown) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 -- 0.00 0.93 Date 30-Dec-2014 -- 31-Oct-2018 31-Mar-2019 IN00552841 ►Enable remote monitoring of RE Projects in 3 outer islands (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 -- 0.00 100.00 Date 30-Dec-2014 -- 31-Oct-2018 31-Mar-2019 12/20/2018 Page 3 of 5 The World Bank Implementation Status & Results Report Energy Sector Development Project (P144573) Component 2. Energy Efficiency Investments IN00552838 ►Percentage of customers with prepaid meters (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 -- 0.00 100.00 Date 30-Dec-2014 -- 31-Oct-2018 31-Mar-2019 IN00552844 Prepaid Customers Feedback (Percentage, Custom Supplement) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 -- 0.00 50.00 Component 3. Technical Assistance and Project Management Support IN00552840 ►Achievement of agreed Training Plan (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 -- 30.00 100.00 Date 30-Dec-2014 -- 31-Oct-2018 31-Mar-2019 Data on Financial Performance Disbursements (by loan) Project Loan/Credit/TF Status Currency Original Revised Cancelled Disbursed Undisbursed % Disbursed P144573 IDA-D0290 Effective USD 7.00 7.00 0.00 0.42 6.40 6.1% P144573 TF-18949 Effective USD 2.10 2.10 0.00 0.12 1.98 5.8% Key Dates (by loan) Project Loan/Credit/TF Status Approval Date Signing Date Effectiveness Date Orig. Closing Date Rev. Closing Date P144573 IDA-D0290 Effective 26-Jan-2015 25-Feb-2015 06-May-2015 31-Mar-2019 31-Mar-2019 P144573 TF-18949 Effective 25-Feb-2015 25-Feb-2015 06-May-2015 31-Dec-2017 31-Mar-2019 Cumulative Disbursements 12/20/2018 Page 4 of 5 The World Bank Implementation Status & Results Report Energy Sector Development Project (P144573) Restructuring History Level 2 Approved on 19-Dec-2017 Related Project(s) There are no related projects. 12/20/2018 Page 5 of 5