The World Bank Implementation Status & Results Report Electricity Supply Reliability Project (P116748) Electricity Supply Reliability Project (P116748) EUROPE AND CENTRAL ASIA | Armenia | Energy & Extractives Global Practice | IBRD/IDA | Investment Project Financing | FY 2011 | Seq No: 16 | ARCHIVED on 24-Dec-2020 | ISR43164 | Implementing Agencies: Republic of Armenia, High Voltage Electric Networks Key Dates Key Project Dates Bank Approval Date: 26-May-2011 Effectiveness Date: 28-Nov-2011 Planned Mid Term Review Date: 17-Apr-2014 Actual Mid-Term Review Date: 27-Jan-2014 Original Closing Date: 30-Jun-2016 Revised Closing Date: 31-Dec-2020 pdoTable Project Development Objectives Project Development Objective (from Project Appraisal Document) The project development objective is to increase the reliability and capacity of the transmission network. Has the Project Development Objective been changed since Board Approval of the Project Objective? No Components Table Name Component 1: Strengthening of the power transmission network:(Cost $64.80 M) Component 2: Technical assistance:(Cost $6.50 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 Moderate Moderate Implementation Status and Key Decisions Despite some delays, the works on the Lalvar-Noyemberyan overhead transmission line were completed. Vanadzor-1 rehabilitation works have resumed. The rehabilitation of Charentsavan-3 substation and the tender for procurement of the contractor for rehabilitation of Zovuny substation are expected to start in early 2021. 12/24/2020 Page 1 of 5 The World Bank Implementation Status & Results Report Electricity Supply Reliability Project (P116748) Risks Systematic Operations Risk-rating Tool Risk Category Rating at Approval Previous Rating Current Rating Political and Governance -- Moderate Moderate Macroeconomic -- Moderate Moderate Sector Strategies and Policies -- Moderate Moderate Technical Design of Project or Program -- Low Low Institutional Capacity for Implementation and -- Moderate Moderate Sustainability Fiduciary -- Substantial Substantial Environment and Social -- Substantial Substantial Stakeholders -- Low Low Other -- -- -- Overall -- Moderate Moderate Results PDO Indicators by Objectives / Outcomes Increase the reliability of the transmission system IN00883069 ►Outages per year on the target section of the transmission line (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 14.00 5.00 3.00 3.00 Date 07-Apr-2011 10-Dec-2019 01-Dec-2020 31-Dec-2020 The restructuring of the project in October 2015 extended the total length of transmission lines to be replaced and by consequence increased the number of outages from the baseline of 14 to 20. However, Comments: as the project implementation progressed the indicator improved and is expected to meet the target by revised project completion. IN00883111 ►Average interruption frequency per year in the project area (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.20 0.21 0.17 0.08 Date 17-Mar-2014 30-May-2018 01-Dec-2020 31-Dec-2023 IN00883112 Customers served in the project area (Number, Custom Supplement) 12/24/2020 Page 2 of 5 The World Bank Implementation Status & Results Report Electricity Supply Reliability Project (P116748) Baseline Actual (Previous) Actual (Current) End Target Value 62,000.00 61,930.00 61,930.00 362,000.00 IN00883113 ►Average interruption frequency per year for customers of the Special Economic Zone served by Haghtanak substation (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.20 0.21 0.17 0.05 Date 17-Mar-2014 30-May-2018 01-Dec-2020 31-Dec-2023 IN00883114 ►Plant and equipment failures per year in target substations (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 8.00 7.00 6.00 2.00 Date 17-Mar-2014 10-Dec-2019 01-Dec-2020 31-Dec-2023 Increase the capacity of the transmission system IN00883070 ►Increased capacity of the targeted section of the transmission line (Megawatt, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 250.00 379.00 380.00 380.00 Date 07-Apr-2011 10-Dec-2019 01-Dec-2020 31-Dec-2020 Overall Comments PDO The target dates for transmission lines are not extended because those targets have already been achieved. Those transmission lines have been financed under the Loan No. 8055-AM, which is not extended beyond December 31, 2020 and the remaining balance of about $1.4 million would be disbursed within the grace period after the closing date. Intermediate Results Indicators by Components Component 1: Strengthening of the power transmission network IN00883115 ►Total number of substations rehabilitated under the project (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 1.00 1.00 4.00 Date 17-Mar-2014 10-Dec-2019 01-Dec-2020 31-Dec-2023 12/24/2020 Page 3 of 5 The World Bank Implementation Status & Results Report Electricity Supply Reliability Project (P116748) IN00883116 ►Transmission lines constructed or rehabilitated under the project (Kilometers, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 255.00 255.00 255.00 Date 07-Apr-2011 10-Dec-2019 01-Dec-2020 31-Dec-2020 IN00883117 Transmission lines constructed under the project (Kilometers, Custom Breakdown) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 255.00 255.00 255.00 Date 07-Apr-2011 10-Dec-2019 10-Dec-2019 31-Dec-2020 IN00883118 ►Percent of registered project related grievances (disaggregated by gender) responded to within stipulated service standards for response times (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 100.00 100.00 100.00 100.00 Date 30-Jun-2015 28-Dec-2018 01-Jul-2020 31-Dec-2023 Overall Comments IR The target dates for transmission lines are not extended because those targets have already been achieved. Those transmission lines have been financed under the Loan No. 8055-AM, which is not extended beyond December 31, 2020 and the remaining balance of about $1.4 million would be disbursed within the grace period after the closing date. Performance-Based Conditions Data on Financial Performance Disbursements (by loan) Project Loan/Credit/TF Status Currency Original Revised Cancelled Disbursed Undisbursed % Disbursed P116748 IBRD-80550 Effective USD 39.00 35.50 3.50 34.15 1.35 96% P116748 IBRD-83880 Effective USD 40.00 36.00 4.00 19.61 16.39 54% Key Dates (by loan) Project Loan/Credit/TF Status Approval Date Signing Date Effectiveness Date Orig. Closing Date Rev. Closing Date P116748 IBRD-80550 Effective 26-May-2011 01-Jun-2011 28-Nov-2011 30-Jun-2016 31-Dec-2020 12/24/2020 Page 4 of 5 The World Bank Implementation Status & Results Report Electricity Supply Reliability Project (P116748) P116748 IBRD-83880 Effective 02-Jul-2014 06-Aug-2014 03-Feb-2015 31-Dec-2018 31-Dec-2020 Cumulative Disbursements 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 03-Sep-2015 ,Level 2 Approved on 09-Jun-2017 ,Level 2 Approved on 19-Jun-2018 ,Level 2 Approved on 23-Dec-2019 Related Project(s) P148102-Electricity Supply Reliability Project: Additional Financing 12/24/2020 Page 5 of 5