The World Bank Report No: ISR10425 Implementation Status & Results Peru Second Rural Electrification (P117864) Public Disclosure Copy Operation Name: Second Rural Electrification (P117864) Project Stage: Implementation Seq.No: 4 Status: ARCHIVED Archive Date: 07-Jul-2013 Country: Peru Approval FY: 2011 Product Line: IBRD/IDA Region: LATIN AMERICA AND CARIBBEAN Lending Instrument: Specific Investment Loan Implementing Agency(ies): Key Dates Board Approval Date 21-Apr-2011 Original Closing Date 28-Feb-2016 Planned Mid Term Review Date 15-Oct-2013 Last Archived ISR Date 17-Oct-2012 Effectiveness Date 13-Jul-2011 Revised Closing Date 28-Feb-2016 Actual Mid Term Review Date 15-Oct-2013 Project Development Objectives Project Development Objective (from Project Appraisal Document) The development objective of the Project is to increase access to electricity in rural areas of Peru on an efficient and sustainable basis. It would build on the achievements of the First RE Project but would operate in more challenging conditions, providing electricity service in localities that are increasingly distant from the grid and with more dispersed populations. Has the Project Development Objective been changed since Board Approval of the Project? Yes No Component(s) Component Name Component Cost Component 1. Rural Electrification Subprojects 61.60 Component 2: Technical Assistance (TA) for Rural Electrification 4.40 Component 3: Project Management 3.68 Overall Ratings Public Disclosure Copy Previous Rating Current Rating Progress towards achievement of PDO Moderately Satisfactory Moderately Unsatisfactory Overall Implementation Progress (IP) Moderately Satisfactory Moderately Unsatisfactory Overall Risk Rating Implementation Status Overview Despite important progress underway, project implementation is delayed and no disbursements have taken place. Initial disbursements are expected for August 2013. Locations Page 1 of 4 The World Bank Report No: ISR10425 No Location data has been entered Results Public Disclosure Copy Project Development Objective Indicators Indicator Name Core Unit of Measure Baseline Current End Target Number of potential connections Number Value 0.00 0.00 42500.00 Date 01-May-2013 30-Jul-2015 Comments Not yet implemented Number of new connections Number Value 0.00 0.00 34000.00 Date 01-May-2013 30-Jul-2015 Comments Not yet implemented Number of new renewable connections Number Value 0.00 0.00 Date 01-May-2013 30-Jul-2015 Comments Not yet implemented To be tracked but no target. Number of productive units adopting electricity Number Value 0.00 0.00 5000.00 equipment Date 01-May-2013 30-Jul-2015 Comments Not yet implemented. Intermediate Results Indicators Indicator Name Core Unit of Measure Baseline Current End Target Number of subprojects approved for financing Number Value 0.00 9.00 15.00 Date 31-May-2012 30-Jul-2015 Comments 9 sub-projects have received SNIP approval. Number of distribution companies that have Number Value 0.00 6.00 8.00 made proposals to the project Date 01-May-2013 30-Jul-2015 Public Disclosure Copy Comments Number of renewable energy subprojects Number Value 0.00 0.00 8.00 approved Date 31-May-2012 30-Jul-2015 Comments PV system projects have been presented to OPI/SNIP. Amount of investment in electricity subprojects Amount(USD) Value 0.00 0.00 10.40 by distribution companies (excluding VAT) Date 01-May-2013 30-Jul-2015 Page 2 of 4 The World Bank Report No: ISR10425 Comments The first biddings are expected to be awarded in July 2013. Public Disclosure Copy Number of contracts for productive uses in Number Value 0.00 1.00 3.00 implementation or completed Date 01-May-2013 29-Feb-2016 Comments A contract with NGO DESCO was signed in March, 2013. DESCO will be working closely with ADINELSA. Additional electricity consumption in productive Gigawatt-hour Value 0.00 0.00 1500.00 uses (GWh) Date 01-May-2013 29-Feb-2016 Comments Not yet implemented. Tecnoeconomic and social/environment Number Value 0.00 0.00 20.00 prefeasibbility studies completed for small Date 28-Sep-2012 29-Feb-2016 hydro Comments Bidding has not yet been awarded. Data on Financial Performance (as of 22-Nov-2011) Financial Agreement(s) Key Dates Project Ln/Cr/Tf Status Approval Date Signing Date Effectiveness Date Original Closing Date Revised Closing Date P117864 IBRD-80340 Effective 21-Apr-2011 05-Jul-2011 13-Jul-2011 28-Feb-2016 28-Feb-2016 Disbursements (in Millions) Project Ln/Cr/Tf Status Currency Original Revised Cancelled Disbursed Undisbursed % Disbursed P117864 IBRD-80340 Effective USD 50.00 50.00 0.00 0.00 50.00 0.00 Disbursement Graph Public Disclosure Copy Page 3 of 4 The World Bank Report No: ISR10425 Public Disclosure Copy Key Decisions Regarding Implementation None Restructuring History Level two Approved on 21-Mar-2012 Related Projects There are no related projects. Public Disclosure Copy Page 4 of 4