The World Bank Implementation Status & Results Report Ethiopia Geothermal Sector Development Project (P133613) Ethiopia Geothermal Sector Development Project (P133613) AFRICA EAST | Ethiopia | Energy & Extractives Global Practice | IBRD/IDA | Investment Project Financing | FY 2014 | Seq No: 15 | ARCHIVED on 24-Nov-2020 | ISR44375 | Implementing Agencies: Ethiopian Electric Power, Government of Ethiopia Key Dates Key Project Dates Bank Approval Date: 29-May-2014 Effectiveness Date: 05-Aug-2014 Planned Mid Term Review Date: 28-Feb-2017 Actual Mid-Term Review Date: 28-Feb-2017 Original Closing Date: 30-Jun-2020 Revised Closing Date: 31-Dec-2021 pdoTable Project Development Objectives Project Development Objective (from Project Appraisal Document) The Development Objective of Geothermal Sector Development Project (GSDP) is to develop geothermal resources in Ethiopia. Has the Project Development Objective been changed since Board Approval of the Project Objective? No Components Table Name Aluto Geothermal Site Development:(Cost $126.80 M) Legal, Institutional and Regulatory Framework Development:(Cost $5.00 M) Overall Ratings Name Previous Rating Current Rating Progress towards achievement of PDO Moderately Satisfactory Moderately Satisfactory Overall Implementation Progress (IP) Moderately Satisfactory Moderately Satisfactory Overall Risk Rating High High Implementation Status and Key Decisions The project was restructured in May 2020and closing date extended to December 2021. The project has made important progress towards the commencement of the drilling operation. The first drilling rig has been erected at the Aluto project site, and will soon be commissioned. The second drilling rig, which has been shipped from the manufacturer’s site in China, started arriving at site. Civil work is progressing and has completed significant parts of the access roads needed to start the drilling. EEP also made progress in the procurement of drilling and geothermal reservoir modelling software, which is critical but has been pending in the past for a long time. 11/24/2020 Page 1 of 6 The World Bank Implementation Status & Results Report Ethiopia Geothermal Sector Development Project (P133613) Risks Systematic Operations Risk-rating Tool Risk Category Rating at Approval Previous Rating Current Rating Political and Governance -- Moderate Substantial Macroeconomic -- Moderate Moderate Sector Strategies and Policies -- Substantial Substantial Technical Design of Project or Program -- Substantial Substantial Institutional Capacity for Implementation and -- High High Sustainability Fiduciary -- Moderate Moderate Environment and Social -- Moderate Moderate Stakeholders -- Moderate Moderate Other -- Substantial Substantial Overall -- High High Results PDO Indicators by Objectives / Outcomes Develop Geothermal Resources in Ethiopia IN00920273 ►Geothermal wells with potential to generate electricity (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 2.00 2.00 8.00 Date 21-Apr-2014 26-May-2020 18-Nov-2020 31-Dec-2021 IN00920274 ►Geothermal wells drilled and tested (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 2.00 2.00 14.00 Date 21-Apr-2014 26-May-2020 18-Nov-2020 31-Dec-2021 IN00920275 ►Geothermal sites confirmed (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 2.00 11/24/2020 Page 2 of 6 The World Bank Implementation Status & Results Report Ethiopia Geothermal Sector Development Project (P133613) Date 21-Apr-2014 26-May-2020 18-Nov-2020 31-Dec-2021 IN00920276 ►Geothermal sector strategy developed (Yes/No, Custom) Baseline Actual (Previous) Actual (Current) End Target Value No No No Yes Date 26-May-2020 26-May-2020 18-Nov-2020 31-Dec-2021 Intermediate Results Indicators by Components Aluto Geothermal Site Development IN00920278 ►Civil work and water supply construction finalized (Yes/No, Custom) Baseline Actual (Previous) Actual (Current) End Target Value No No No Yes Date 26-May-2020 26-May-2020 18-Nov-2020 30-Sep-2020 IN00920280 ►First rig installed in Aluto site (Yes/No, Custom) Baseline Actual (Previous) Actual (Current) End Target Value No No No Yes Date 26-May-2020 26-May-2020 18-Nov-2020 31-Aug-2020 IN00920282 ►Second rig arrival in Aluto site (Yes/No, Custom) Baseline Actual (Previous) Actual (Current) End Target Value No No No Yes Date 26-May-2020 26-May-2020 18-Nov-2020 01-Aug-2020 IN00920284 ►First rig drilling operation starts (Yes/No, Custom) Baseline Actual (Previous) Actual (Current) End Target Value No No No Yes Date 26-May-2020 26-May-2020 18-Nov-2020 01-Sep-2020 IN00920286 ►Second rig drilling operation starts (Yes/No, Custom) 11/24/2020 Page 3 of 6 The World Bank Implementation Status & Results Report Ethiopia Geothermal Sector Development Project (P133613) Baseline Actual (Previous) Actual (Current) End Target Value No No No Yes Date 26-May-2020 26-May-2020 18-Nov-2020 01-Oct-2020 IN00920287 ►Geothermal capacity confirmed for electricity generation (Megawatt, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 35.00 Date 01-Jun-2014 13-Jul-2020 18-Nov-2020 31-Dec-2021 Legal, Institutional and Regulatory Framework Development IN00920277 ►Training/Workshops held (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 1.00 1.00 4.00 Date 21-Apr-2014 26-May-2020 18-Nov-2020 31-Dec-2021 IN00920279 ►EEP Staff trained (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 45.00 Date 21-Apr-2014 26-May-2020 18-Nov-2020 31-Dec-2021 IN00920281 ►EEP retrained procurement staff (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 4.00 Date 21-Apr-2014 26-May-2020 18-Nov-2020 31-Dec-2021 IN00920283 ►GSE/MoWIE/MoM staff trained (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 45.00 Date 21-Apr-2014 26-May-2020 18-Nov-2020 31-Dec-2021 IN00920285 ►Feasibility study completed (Yes/No, Custom) 11/24/2020 Page 4 of 6 The World Bank Implementation Status & Results Report Ethiopia Geothermal Sector Development Project (P133613) Baseline Actual (Previous) Actual (Current) End Target Value No No No Yes Date 21-Apr-2014 26-May-2020 18-Nov-2020 31-Dec-2021 Performance-Based Conditions Data on Financial Performance Disbursements (by loan) Project Loan/Credit/TF Status Currency Original Revised Cancelled Disbursed Undisbursed % Disbursed P133613 IDA-54680 Effective USD 178.50 128.50 50.00 45.05 65.48 41% P133613 TF-17206 Effective USD 24.50 24.50 0.00 5.90 18.60 24% Key Dates (by loan) Project Loan/Credit/TF Status Approval Date Signing Date Effectiveness Date Orig. Closing Date Rev. Closing Date P133613 IDA-54680 Effective 29-May-2014 10-Jun-2014 05-Aug-2014 30-Jun-2020 31-Dec-2021 P133613 TF-17206 Effective 10-Jun-2014 10-Jun-2014 03-Oct-2014 30-Jun-2020 31-Dec-2021 Cumulative Disbursements 11/24/2020 Page 5 of 6 The World Bank Implementation Status & Results Report Ethiopia Geothermal Sector Development Project (P133613) PBC Disbursement Achievement Disbursed amount in Disbursement % PBC ID PBC Type Description Coc PBC Amount Status Coc for PBC Restructuring History Level 2 Approved on 05-Jun-2020 ,Level 2 Approved on 27-Jul-2020 Related Project(s) There are no related projects. 11/24/2020 Page 6 of 6