Restructuring Status: Archived Restructuring Type: Level two Last modified on date : 06/08/2012 1. Basic Information Project ID & Name P074011: ET/Nile Basin Initiative:ET-SU Interconn Country Ethiopia Task Team Leader Raihan Elahi Sector Manager/Director Lucio Monari Country Director Guang Zhe Chen Original Board Approval Date 12/20/2007 Original Closing Date: 12/31/2011 Current Closing Date 06/30/2012 Proposed Closing Date [if applicable] 06/30/2013 EA Category B-Partial Assessment Revised EA Category B-Partial Assessment-Partial Assessment EA Completion Date 06/24/2005 Revised EA Completion Date 2. Revised Financing Plan (US$m) Source Original Revised BOAG 24.85 24.85 BORR 5.05 5.05 IDA 41.05 41.05 Total 70.95 70.95 3. Borrower Organization Department Location GOVERNMENT OF ETHIOPIA Ethiopia 4. Implementing Agency Organization Department Location Ethiopian Electric Power Ethiopia Corporation (EEPCo) i 5. Disbursement Estimates (US$m) Actual amount disbursed as of 06/14/2012 36.61 Fiscal Year Annual Cumulative 2012 0.00 36.61 2013 5.00 41.61 Total 41.61 6. Policy Exceptions and Safeguard Policies Does the restructured project require any exceptions to Bank policies? N Does the restructured projects trigger any new safeguard policies? If yes, please select N from the checklist below and update ISDS accordingly before submitting the package. 7a. Project Development Objectives/Outcomes Original/Current Project Development Objectives/Outcomes The Project's long-term development objective is to improve the effectiveness of the power systems in the Eastern Nile region by promoting regional power trade through the establishment of coordinated planning and the erection of transmission interconnections in the context of multi-purpose water and energy resources development in the region. The Project also takes advantage of the hydro-thermal complementarity of the Ethiopian and Sudanese systems to reduce overall generation costs and improve the availability and reliability of supply in the two countries. 7b. Revised Project Development Objectives/Outcomes [if applicable] ii