The World Bank Report No: ISR15093 Implementation Status & Results Bangladesh Rural Electrification and Renewable Energy Development II (RERED II) Project (P131263) Public Disclosure Copy Operation Name: Rural Electrification and Renewable Energy Development II Project Stage: Implementation Seq.No: 26 Status: ARCHIVED Archive Date: 28-Jun-2014 (RERED II) Project (P131263) Country: Bangladesh Approval FY: 2013 Product Line: IBRD/IDA Region: SOUTH ASIA Lending Instrument: Specific Investment Loan Implementing Agency(ies): Key Dates Board Approval Date 20-Sep-2012 Original Closing Date 31-Dec-2018 Planned Mid Term Review Date 15-Nov-2015 Last Archived ISR Date 18-Jan-2014 Effectiveness Date 20-Feb-2013 Revised Closing Date 31-Dec-2018 Actual Mid Term Review Date Project Development Objectives Rural Electrification and Renewable Energy Development II (RERED II) Project (P131263) Project Development Objective (from Project Appraisal Document) The proposed project development objectives are to increase access to clean energy in rural areas through renewable energy and promote more efficient energy consumption. Has the Project Development Objective been changed since Board Approval of the Program? Yes No Component(s) Component Name Component Cost Access to Electricity 309.30 Household Energy 46.30 Energy Efficient Lighting 19.00 Sector Technical Assistance 6.50 Public Disclosure Copy Overall Ratings Previous Rating Current Rating Progress towards achievement of PDO Moderately Satisfactory Moderately Satisfactory Overall Implementation Progress (IP) Moderately Satisfactory Moderately Satisfactory Overall Risk Rating Moderate Moderate Implementation Status Overview The project is continuing satisfactorily with the main objective of increasing access to clean energy in rural areas of Bangladesh. In addition to continuing World Bank support for the Page 1 of 6 The World Bank Report No: ISR15093 successful solar home systems program of Bangladesh, the project supports renewable energy based mini-grid options for access to electricity, replacement of diesel pumps with solar irrigation pumps, and dissemination of efficient cook stoves and biogas plants for cooking. To meet the funding needs of the fast growing solar home systems program, Government has requested for additional financing from the World Bank. The Bank is currently processing an additional financing for board consideration in June 2014. The additional financing will be accompanied by a project restructuring to drop the compact fluorescent lamp (CFL) component and re-allocate the savings to the solar home systems and Public Disclosure Copy sector technical assistance components. The CFL component is deemed no longer necessary as CFL uptake has already increased, thanks partly to the demonstration effect of the first phase CFLs supported under the predecessor RERED Project. Locations No Location data has been entered Results Project Development Objective Indicators Indicator Name Core Unit of Measure Baseline Current End Target Number of households, farmers, and Number Value 0.00 416152.00 1578000.00 businesses having access to clean energy Date 31-Dec-2012 31-Mar-2014 31-Dec-2018 services Comments The number is from the solar The end target will be revised home systems (414,480), with the approval of the irrigation pumps and biogas proposed additional financing plants for cooking. and restructuring. Generation Capacity of Renewable Energy Megawatt Value 0.00 13.95 61.00 (other than hydropower) constructed Date 31-Dec-2012 31-Mar-2014 31-Dec-2018 Comments The end target will be revised with the approval of the proposed additional financing and restructuring. Generation Capacity of Renewable Energy Megawatt Value 0.00 13.95 61.00 constructed-Solar Sub Type Date 31-Dec-2012 31-Mar-2014 31-Dec-2018 Breakdown Comments The end target will be revised with the approval of the Public Disclosure Copy proposed additional financing and restructuring. More efficient energy consumption through Number Value 0.00 0.00 160.00 introduction of energy efficient lighting Date 31-Dec-2012 31-Mar-2014 31-Dec-2018 Comments The CFL component is The indicator will be dropped proposed to be dropped. with the approval of the proposed additional financing and restructuring. Direct project beneficiaries Number Value 0.00 2217600.00 10400000.00 Page 2 of 6 The World Bank Report No: ISR15093 Date 31-Dec-2012 31-Mar-2014 31-Dec-2018 Comments The end target will be revised with the approval of the Public Disclosure Copy proposed additional financing and restructuring. Female beneficiaries Percentage Value 0.00 46.00 55.00 Sub Type Supplemental Projected lifetime energy savings Megawatt hour Value 0.00 0.00 480000.00 (MWh) Date 31-Dec-2012 31-Mar-2014 31-Dec-2018 Comments CFL component is proposed The indicator will be dropped to be dropped. with the approval of the proposed additional financing and restructuring. People provided with access to electricity by Number Value 0.00 2017050.00 2500000.00 household connections Date 31-Dec-2012 31-Mar-2014 31-Dec-2018 Comments People having access to solar The core sector indicator home systems. added that reflects the estimated number of people having access to solar home systems and mini-grids. Ppl provided wth elec. by hhold conn.–Offgrid/ Number Value 0.00 201705000.00 2500000.00 minigrid–Only renewable sources Sub Type Date 31-Dec-2012 31-Mar-2014 31-Dec-2018 Breakdown Comments The end target will be revised with the approval of the proposed additional financing and restructuring. People that gained access to more energy- Number Value 0.00 0.00 4300000.00 efficient cooking and/or heating facilities Date 31-Dec-2012 31-Mar-2014 31-Dec-2018 Public Disclosure Copy Comments The cookstove program did The core sector indicator that not start installation as of reflects the estimated number March 2014. of people in households who would have access to improved cookstoves supported under the project. People that gained access only through Number Value 0.00 0.00 4300000.00 switching of cooking and/or heating systems Sub Type Date 31-Dec-2012 31-Mar-2014 31-Dec-2018 Breakdown Comments Page 3 of 6 The World Bank Report No: ISR15093 Intermediate Results Indicators Indicator Name Core Unit of Measure Baseline Current End Target Number of solar home systems installed Number Value 0.00 414480.00 550000.00 Public Disclosure Copy Date 31-Dec-2012 31-Mar-2014 31-Dec-2018 Comments The end target will be revised with the approval of the proposed additional financing and restructuring. Number of connections made through mini-grid Number Value 0.00 0.00 6750.00 systems and captive plants Date 31-Dec-2012 31-Mar-2014 31-Dec-2018 Comments The end target will be revised with the approval of the proposed additional financing and restructuring. Number of solar irrigation pumps Number Value 0.00 8.00 1500.00 Date 31-Dec-2012 31-Mar-2014 31-Dec-2018 Comments The number reported is the The end target will be revised pumps installed from USAID with the approval of the grant financing. 100 Pumps proposed additional financing are at different stages of and restructuring. implementation. Number of higher efficiency cook stoves Number Value 0.00 0.00 1000000.00 disseminated Date 31-Dec-2012 31-Mar-2014 31-Dec-2018 Comments The dissemination of cookstoves did not start as of March 2014. Number of biogas plants for cooking Number Value 0.00 1453.00 20000.00 Date 31-Dec-2012 31-Mar-2014 31-Dec-2018 Comments The end target will be revised with the approval of the Public Disclosure Copy proposed additional financing and restructuring. Number of incandescent lamps replaced with Number Value 0.00 0.00 7250000.00 energy efficient compact floursecent lamps Date 31-Dec-2012 31-Mar-2014 31-Dec-2018 Comments CFL component is proposed The indicator will be dropped to be dropped. with the approval of the additional financing and restructuring. Page 4 of 6 The World Bank Report No: ISR15093 Enabling policy for renewable energy Text Value SREDA not operational SREDA operational with core development staff appointed Date 31-Mar-2014 31-Dec-2015 Public Disclosure Copy Comments With a full-time Chairman appointed, the SREDA Cell has started functioning. Yet to have a full-fledged set-up with core staff. Data on Financial Performance (as of 09-Jun-2014) Financial Agreement(s) Key Dates Project Ln/Cr/Tf Status Approval Date Signing Date Effectiveness Date Original Closing Date Revised Closing Date P131263 IDA-51580 Effective 20-Sep-2012 23-Oct-2012 20-Feb-2013 31-Dec-2018 31-Dec-2018 P131263 TF-15034 Effective 10-Jul-2013 15-Jul-2013 28-Jul-2013 30-Jun-2016 30-Jun-2016 P131263 TF-15077 Effective 30-Sep-2013 30-Sep-2013 18-Dec-2013 31-Dec-2016 31-Dec-2016 P119549 TF-96551 Closed 12-May-2010 12-May-2010 12-May-2010 30-Sep-2013 30-Sep-2013 P119547 TF-96552 Effective 12-May-2010 12-May-2010 12-May-2010 30-Jun-2014 30-Jun-2015 P119549 TF-98472 Effective 02-Mar-2011 02-Mar-2011 28-Apr-2011 30-Jun-2014 30-Jun-2014 P106135 TF-99954 Effective 19-Dec-2007 19-Dec-2007 19-Dec-2007 31-Dec-2015 31-Dec-2016 P107906 TF-99955 Effective 19-Dec-2007 19-Dec-2007 19-Dec-2007 31-Dec-2015 31-Dec-2016 Disbursements (in Millions) Project Ln/Cr/Tf Status Currency Original Revised Cancelled Disbursed Undisbursed % Disbursed P131263 IDA-51580 Effective USD 155.00 155.00 0.00 78.86 78.94 51.00 P131263 TF-15034 Effective USD 3.77 3.77 0.00 2.50 1.26 66.00 P131263 TF-15077 Effective USD 10.00 10.00 0.00 0.64 9.36 6.00 P119549 TF-96551 Closed USD 10.00 7.20 0.00 7.20 0.00 100.00 P119547 TF-96552 Effective USD 10.00 1.10 0.00 0.25 0.85 23.00 Public Disclosure Copy P119549 TF-98472 Effective USD 10.00 6.75 0.00 6.75 0.00 100.00 P106135 TF-99954 Effective USD 10.00 8.36 0.00 0.00 8.36 0.00 P107906 TF-99955 Effective USD 10.00 5.29 0.00 0.00 5.29 0.00 Disbursement Graph Page 5 of 6 The World Bank Report No: ISR15093 Public Disclosure Copy Key Decisions Regarding Implementation IDCOL will continue to closely monitor the quality of solar home installations particularly given the fast growth of the program and introduction of new partner organizations to the program. The collection efficiency of the Partner Organizations will be closely monitored by IDCOL to ensure the solar home systems program continues to be on a financially sustainable path. Restructuring History Level 2 CD Decision on 28-Jan-2014 Related Projects P106135-Grameen Shakti Solar Homes Project, P107906-Bangladesh - IDCOL Solar Home Systems Project, P119547-GPOBA: Rural Electrification & Renewable Energy, P119549-GPOBA: Bangladesh Solar Home Systems, P150001-RERED II Additional Financing Public Disclosure Copy Page 6 of 6