The World Bank                                                                                                                                                         Report No: ISR6894


                                                                                                    Implementation Status & Results
                                                                                                             Bulgaria
                                                                                                  WOOD RESIDUE TO ENERGY (P075560)
Public Disclosure Copy




                         Operation Name: WOOD RESIDUE TO ENERGY (P075560)                                         Project Stage:   Implementation         Seq.No: 2     Status: ARCHIVED        Archive Date:        11-Jul-2012
                                                                           Country: Bulgaria                                               Approval FY:        2004
                         Product Line: Carbon Offset                       Region: EUROPE AND CENTRAL ASIA                                 Lending Instrument: Specific Investment Loan
                         Implementing Agency(ies): Svilosa
                         Key Dates
                         Board Approval Date    24-Sep-2003         Original Closing Date 31-Dec-2011                    Last Archived ISR Date 15-Jan-2012
                         Effectiveness Date     24-Sep-2003         Revised Closing Date 31-Dec-2012


                         Overall Ratings
                                                                Previous Rating                           Current Rating
                         Progress towards achievement of PDO    Moderately Satisfactory                   Moderately Satisfactory
                         Overall Implementation Progress (IP)   Moderately Satisfactory                   Satisfactory
                         Overall Risk Rating


                         Implementation Status Overview
                         The project has been generating emission reductions since 2004. The verified emission reductions in 2004 - 2008 are equal to 191,841 tCO2eq. In addition the project has generated
                         135,537 tCO2eq of emission reductions in 2009 - 2011, verification is ongoing. In total the cumulative emission reductions are 327 277 tCO2eq. The project was registered as a
                         Joint implementation Track 1 (JI Track 1) project in June 2010.


                         Locations
                         Country                                                  First Administrative Division                         Location                                          Planned               Actual
                         Bulgaria                                                 Oblast Veliko Turnovo                                 Oblast Veliko Turnovo                                                             

                         Bulgaria                                                 Not Entered                                           Svilosa AD factory
Public Disclosure Copy




                         Key Decisions Regarding Implementation
                         Continue independent verification of emission reductions. The project will be closed by June 2013.

                         Related Projects
                         There are no related projects.




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