The World Bank Report No: ISR8916 Implementation Status & Results India India - Chiller Energy Efficiency Project - MP Component (P102790) Public Disclosure Copy Operation Name: India - Chiller Energy Efficiency Project - MP Component Project Stage: Implementation Seq.No: 7 Status: ARCHIVED Archive Date: 01-Jan-2013 (P102790) Country: India Approval FY: 2009 Product Line: Montreal Protocol Region: SOUTH ASIA Lending Instrument: Specific Investment Loan Implementing Agency(ies): Key Dates Board Approval Date 09-Jun-2009 Original Closing Date 30-Jun-2014 Planned Mid Term Review Date 16-Apr-2013 Last Archived ISR Date 26-Jun-2012 Effectiveness Date 26-Nov-2009 Revised Closing Date 30-Jun-2014 Actual Mid Term Review Date Global Environmental Objectives Global Environmental Objective (from Project Appraisal Document) The overall global environment objectives of the CEEP are to reduce greenhouse gas emissions whilst simultaneously supporting the completion of the phase-out of consumption of Ozone Depleting Substances required under the Montreal Protocol. Has the Project Development Objective been changed since Board Approval of the Project? Yes No Component(s) Component Name Component Cost Provision of Incentives to Accelerate Replacement of Energy Efficient Chillers 7.67 Measurement, Monitoring and Verification 1.57 Technical Assistance 0.53 Project Management 1.47 Public Disclosure Copy Overall Ratings Previous Rating Current Rating Progress towards achievement of GEO Moderately Satisfactory Moderately Satisfactory Overall Implementation Progress (IP) Satisfactory Moderately Satisfactory Overall Risk Rating Moderate Moderate Implementation Status Overview Project implementation has continued satisfactorily over the past six months with progress on all project activities, including Technical Assistance and investments for chiller replacement of energy inefficient CFC based chillers. The Financial Intermediary, IDBI Bank is continuing to execute sub-projects and has registered 55 CFC-based old chillers from the updated data-base of 85. IDBI is also actively marketing the program and pursuing the registration of the remaining eligible chillers. The relaxation of the stringent eligibility Page 1 of 4 The World Bank Report No: ISR8916 conditions imposed by the Carbon Finance component has increased uptake from chiller owners and also manufacturers. The total number of CFC chillers replaced now totals 29, as 8 more have been replaced since the last ISR. The project therefore continues to supports Government of India's efforts in ensuring sustained cessation of ODS consumption in the country. With the cancellation of the Carbon Finance component, the design of a restructured project is being discussed Public Disclosure Copy Locations Country First Administrative Division Location Planned Actual India Bengal State of West Bengal India Uttar Pradesh State of Uttar Pradesh India State of Tamil Nadu State of Tamil Nadu India State of Maharashtra State of Maharashtra India Not Entered Republic of India India State of Gujarat State of Gujarat Results Global Environmental Objective Indicators Indicator Name Core Unit of Measure Baseline Current End Target Cumulative Emission Reductions as direct Metric ton Value 0.00 4.50 benefits from the project Date 29-Nov-2012 30-Jun-2014 Comments This monitoring indicator will have to be changed since CDM component has been terminated and monitoring of CERs are not applicable Reduction of CFC Consumption due to Metric ton Value 0.00 3.50 158.00 replacement of chillers Date 05-Nov-2012 30-Jun-2014 Public Disclosure Copy Comments As of now, data on CFCs extracted (and replaced with non CFC gas) has been collected from 18 chillers Intermediate Results Indicators Page 2 of 4 The World Bank Report No: ISR8916 Indicator Name Core Unit of Measure Baseline Current End Target Number of CFC-based centrifugal chillers Number Value 0.00 29.00 370.00 replaced by the CEEP Date 04-Nov-2002 20-Nov-2012 30-Jun-2014 Public Disclosure Copy Comments It is expected that the end target will be about 80 CFC based chillers. However the target will be formally revised during restructuring Data on Financial Performance (as of 09-Nov-2012) Financial Agreement(s) Key Dates Project Ln/Cr/Tf Status Approval Date Signing Date Effectiveness Date Original Closing Date Revised Closing Date P102790 TF-95012 Effective 26-Aug-2009 26-Aug-2009 26-Nov-2009 30-Jun-2014 30-Jun-2014 Disbursements (in Millions) Project Ln/Cr/Tf Status Currency Original Revised Cancelled Disbursed Undisbursed % Disbursed P102790 TF-95012 Effective USD 1.00 1.00 0.00 0.23 0.77 23.00 Disbursement Graph Public Disclosure Copy Key Decisions Regarding Implementation Page 3 of 4 The World Bank Report No: ISR8916 Project restructuring is currently under discussion. Restructuring History Public Disclosure Copy There has been no restructuring to date. Related Projects P100584-Chiller Energy Efficiency Public Disclosure Copy Page 4 of 4