Public Disclosure Copy The World Bank Implementation Status & Results Report Eskom Investment Support Project (P116410) Eskom Investment Support Project (P116410) AFRICA | South Africa | Energy & Extractives Global Practice | IBRD/IDA | Specific Investment Loan | FY 2010 | Seq No: 13 | ARCHIVED on 26-Jul-2017 | ISR28940 | Implementing Agencies: ESKOM, Ms. Makgola Makololo, Department of Water Affairs, ESKOM Key Dates Key Project Dates Bank Approval Date:08-Apr-2010 Effectiveness Date:31-May-2010 Planned Mid Term Review Date:16-Jun-2014 Actual Mid-Term Review Date:30-Jun-2014 Original Closing Date:31-Oct-2015 Revised Closing Date:31-Dec-2019 Project Development Objectives Project Development Objective (from Project Appraisal Document) The project development objective (PDO) of the Eskom Investment Support Project for South Africa is to enhance its power supply andenergy security in an efficient and sustainable manner so as to support both economic growth objectives and South Africa's longterm carbon mitigation strategy. Has the Project Development Objective been changed since Board Approval of the Project Objective? No PHRPDODEL Components Name Medupi Power Plant:(Cost $2380.85 M) Renewable energy (Sere Wind Farm and Concentrating Solar Power Plants):(Cost $267.83 M) Support for low carbon energy efficiency comps., comprising the Majuba Railway for coal transportation & TA prog. for energy efficie ncy:(Cost $415.77 M) Overall Ratings Name Previous Rating Current Rating Progress towards achievement of PDO  Moderately Unsatisfactory  Moderately Unsatisfactory Overall Implementation Progress (IP)  Unsatisfactory  Unsatisfactory Overall Risk Rating  High  High 7/26/2017 Page 1 of 14 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Eskom Investment Support Project (P116410) Implementation Status and Key Decisions The and second units of the Medupi power plant are in commercial operation and the third unit was synchronized to the network in April 2017 and is expected to come into commercial operation in October 2017. Construction of associated transmission lines is progressing well, and the lines will be completed ahead of the power plant. Risk of delay in completion of the last three units remains and work needs to be accelerated to ensure completion by 2019. The Sere Wind Farm continues to perform well, registering a plant factor above that envisaged at appraisal. Eskom is discussing options (for the stalled Kiwano CSP component). Eskom has requested for an extension of the project closing date by nine (9) months to March 31, 2018 so that it has more time to evaluate all options and consult with all stakeholders on an acceptable way forward The construction of the Majuba railway is close to 70 percent complete and progressing well. 7/26/2017 Page 2 of 14 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Eskom Investment Support Project (P116410) 7/26/2017 Page 3 of 14 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Eskom Investment Support Project (P116410) 7/26/2017 Page 4 of 14 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Eskom Investment Support Project (P116410) 7/26/2017 Page 5 of 14 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Eskom Investment Support Project (P116410) 7/26/2017 Page 6 of 14 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Eskom Investment Support Project (P116410) Risks Systematic Operations Risk-rating Tool 7/26/2017 Page 7 of 14 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Eskom Investment Support Project (P116410) Risk Category Rating at Approval Previous Rating Current Rating Political and Governance  --  Moderate  Moderate Macroeconomic  --  Substantial  Substantial Sector Strategies and Policies  --  Substantial  Substantial Technical Design of Project or Program  --  High  High Institutional Capacity for Implementation and Sustainability  --  High  High Fiduciary  --  Moderate  Moderate Environment and Social  --  Substantial  Substantial Stakeholders  --  High  High Other  --  --  -- Overall  --  High  High Results Project Development Objective Indicators PHINDPDOTBL  Generation capacity installed and commissioned (Medupi) (Megawatt, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 800.00 800.00 4,800.00 Date 31-Mar-2009 04-Jan-2017 01-Feb-2017 31-Dec-2019 PHINDPDOTBL  Generation capacity installed and commissioned from renewable energy (Sere Wind Farm) (Megawatt, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 100.00 100.00 100.00 Date 31-Mar-2009 04-Jan-2017 01-Feb-2017 31-Dec-2019 PHINDPDOTBL  Generation capacity installed and commissioned from renewable energy (CSP) (Megawatt, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 100.00 7/26/2017 Page 8 of 14 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Eskom Investment Support Project (P116410) Date 31-Mar-2009 31-May-2015 01-Feb-2017 31-Dec-2019 PHINDPDOTBL  Direct CO2 emissions avoided under the project (Metric ton, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 271,000.00 271,000.00 199,000.00 Date 31-Mar-2009 04-Jan-2017 01-Feb-2017 31-Dec-2019 Overall Comments Intermediate Results Indicators PHINDIRITBL  Direct project beneficiaries (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 370,000.00 -- 4,584,283.00 Date 31-Mar-2009 04-Jan-2017 01-Feb-2017 31-Dec-2019 Comments The current actual; will be worked out during the forthcoming mission 7/26/2017 Page 9 of 14 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Eskom Investment Support Project (P116410) PHINDIRITBL  Female beneficiaries (Percentage, Custom Supplement) Baseline Actual (Previous) Actual (Current) End Target Value 50.00 50.00 50.00 50.00 PHINDIRITBL  Quarterly Medupi Environmental Monitoring Committee meetings held and minutes distributed. (Yes/No, Custom) Baseline Actual (Previous) Actual (Current) End Target Value N Y Y Y Date 31-Mar-2009 31-May-2015 01-Feb-2017 31-Dec-2019 PHINDIRITBL  Medupi construction progress rate towards completion (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 66.00 66.00 100.00 Date 31-Mar-2009 04-Jan-2017 01-Feb-2017 31-Dec-2019 PHINDIRITBL  Number of units synchronized (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 2.00 2.00 6.00 Date 31-Mar-2009 04-Jan-2017 01-Feb-2017 31-Dec-2019 7/26/2017 Page 10 of 14 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Eskom Investment Support Project (P116410) PHINDIRITBL  Number of units handed over to commercial operations (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 2.00 6.00 Date 31-Mar-2009 31-May-2015 01-Feb-2017 31-Dec-2019 PHINDIRITBL  Transmission lines completed (Kilometers, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 445.00 445.00 1,034.00 Date 31-Mar-2009 04-Jan-2017 01-Feb-2017 31-Dec-2019 PHINDIRITBL  Transmission lines progress rate towards completion (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 49.70 49.70 100.00 Date 31-Mar-2009 04-Jan-2017 01-Feb-2017 31-Dec-2019 PHINDIRITBL  Number of wind turbines erected (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 46.00 46.00 46.00 Date 31-Mar-2009 31-May-2015 01-Feb-2017 31-Dec-2019 7/26/2017 Page 11 of 14 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Eskom Investment Support Project (P116410) PHINDIRITBL  Progress rate towards completion (Sere Wind Farm) (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 100.00 100.00 100.00 Date 31-Mar-2009 04-Jan-2017 01-Feb-2017 31-Dec-2019 PHINDIRITBL  Placement of EPC contract (CSP) (Yes/No, Custom) Baseline Actual (Previous) Actual (Current) End Target Value N N N Y Date 31-Mar-2009 31-May-2015 01-Feb-2017 31-Dec-2019 PHINDIRITBL  Provisional acceptance (CSP) (Yes/No, Custom) Baseline Actual (Previous) Actual (Current) End Target Value N N N Y Date 31-Mar-2009 31-May-2015 01-Feb-2017 31-Dec-2019 PHINDIRITBL  Majuba coal transportation cost (Text, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 93.00 110.00 110.00 20.00 Date 31-Mar-2009 04-Jan-2017 01-Feb-2017 31-Oct-2015 7/26/2017 Page 12 of 14 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Eskom Investment Support Project (P116410) PHINDIRITBL  Progress rate towards completion for Majuba rail project (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 64.00 64.00 100.00 Date 31-Mar-2009 04-Jan-2017 01-Feb-2017 31-Dec-2019 PHINDIRITBL  Number of studies for power plant efficiency improvements completed (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 7.00 7.00 7.00 Date 31-Mar-2009 04-Jan-2017 01-Feb-2017 31-Dec-2019 PHINDIRITBL  Project generation capacity savings (Megawatt, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 2,303.00 2,303.00 3,171.00 Date 31-Mar-2009 04-Jan-2017 01-Feb-2017 31-Dec-2019 Overall Comments Data on Financial Performance Disbursements (by loan) Project Loan/Credit/TF Status Currency Original Revised Cancelled Disbursed Undisbursed Disbursed P116410 IBRD-78620 Effective USD 3,750.00 3,750.00 0.00 2,866.48 883.52 76% Key Dates (by loan) 7/26/2017 Page 13 of 14 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Eskom Investment Support Project (P116410) Project Loan/Credit/TF Status Approval Date Signing Date Effectiveness Date Orig. Closing Date Rev. Closing Date P116410 IBRD-78620 Effective 08-Apr-2010 16-Apr-2010 31-May-2010 31-Oct-2015 31-Dec-2019 Cumulative Disbursements Restructuring History Level 2 Approved on 11-Dec-2014 ,Level 2 Approved on 07-Jul-2015 Related Project(s) There are no related projects. 7/26/2017 Page 14 of 14 Public Disclosure Copy