The World Bank Report No: ISR14059 Implementation Status & Results Uganda Privatization & Utility Sector Reform (P050439) Public Disclosure Copy Operation Name: Privatization & Utility Sector Reform (P050439) Project Stage: Implementation Seq.No: 27 Status: ARCHIVED Archive Date: 01-Apr-2014 Country: Uganda Approval FY: 2001 Product Line: IBRD/IDA Region: AFRICA Lending Instrument: Specific Investment Loan Implementing Agency(ies): UMEME Key Dates Board Approval Date 24-Aug-2000 Original Closing Date 31-Jan-2006 Planned Mid Term Review Date 24-Jan-2005 Last Archived ISR Date 17-Sep-2013 Effectiveness Date 31-Jan-2001 Revised Closing Date 15-Feb-2015 Actual Mid Term Review Date 31-Jan-2005 Project Development Objectives Project Development Objective (from Project Appraisal Document) Improve the quality, coverage and economic efficiency of commercial and utility services, through privatization, private participation in infrastructure (PPI), and an improved regulatory framework. This objective will be achieved by a higher level of private investment, and better quality and access of services in the telecommunications, water, electricity and transport sectors; divestiture and improved efficiency of remaining public enterprises; and strengthening the regulatory framework and institutions in relevant sectors. Has the Project Development Objective been changed since Board Approval of the Project? Yes No Component(s) Component Name Component Cost SUPPORT FOR THE POWER DISTRIBUTION CONCESSION (UMEME Uganda Ltd) 5.50 Overall Ratings Previous Rating Current Rating Progress towards achievement of PDO Moderately Satisfactory Moderately Satisfactory Public Disclosure Copy Overall Implementation Progress (IP) Moderately Satisfactory Moderately Satisfactory Overall Risk Rating Implementation Status Overview Since the last ISR, actions have been taken to proceed with the earlier closure of the project, since the underlying World Bank guarantee support is no longer required after the formal end of the Electricity Sector Stabilization Period. The distribution concession continues to be in place and UMEME Ltd. is progressing in further improving Uganda's electricity distribution sector. This ISR publication for this project is the last sequence before closure. Locations Page 1 of 4 The World Bank Report No: ISR14059 No Location data has been entered Results Public Disclosure Copy Project Development Objective Indicators Indicator Name Core Unit of Measure Baseline Current End Target UMEME concession privatised. Text Value At approval of this component UMEME Ltd. privatized and the public distribution continues to perform company was in negotiations efficiently. with investors on privatisation concession. Date 18-Nov-2004 11-Mar-2014 15-Feb-2015 Comments Electricity Losses per year in the project area Percentage Value 38.00 26.00 28.00 Date 18-Nov-2004 11-Mar-2014 15-Feb-2015 Comments The original concession agreements required UMEME to reduce losses to 28% in the first seven years of the concession up to 2012. Improved quality and coverage of services in Percentage Value 3.80 7.38 7.00 the electricity sector - Access Date 30-Nov-1999 11-Mar-2014 15-Feb-2015 Comments The original PAD of 2000 estimated a 7% access by project closing. Intermediate Results Indicators Indicator Name Core Unit of Measure Baseline Current End Target Electricity Regulatory Agency approving tariff Text Value At approval of this component ERA continues approving any adjustements according to Tariff Methodology. no tariff adjustment valid tariff adjustment Public Disclosure Copy mechanism had existed with requirements according to the regard to the then public Tariff Methodology. distribution company. Date 18-Nov-2004 11-Mar-2014 15-Feb-2015 Comments Improvement in Colection Efficiency Percentage Value 25.00 94.00 95.00 Date 18-Nov-2004 11-Mar-2014 15-Feb-2015 Page 2 of 4 The World Bank Report No: ISR14059 Comments Concession Baseline value Current Target value under Original Concession Agreements is set at 95%. Public Disclosure Copy Data on Financial Performance (as of 30-Jan-2014) Financial Agreement(s) Key Dates Project Ln/Cr/Tf Status Approval Date Signing Date Effectiveness Date Original Closing Date Revised Closing Date P050439 IDA-34110 Effective 24-Aug-2000 18-Dec-2000 31-Jan-2001 31-Jan-2006 15-Feb-2015 P050439 IDA-3411A Closed 24-Aug-2000 18-Dec-2000 31-Jan-2001 31-Jan-2006 31-Mar-2013 P050439 IDA-B0070 Closed 23-Feb-2005 23-Feb-2005 02-Mar-2005 02-Mar-2012 02-Mar-2012 Disbursements (in Millions) Project Ln/Cr/Tf Status Currency Original Revised Cancelled Disbursed Undisbursed % Disbursed P050439 IDA-34110 Effective USD 32.71 12.16 20.55 14.88 0.00 122.00 P050439 IDA-3411A Closed USD 15.79 15.79 0.00 16.40 0.00 104.00 P050439 IDA-B0070 Closed USD 5.50 5.50 0.00 0.00 5.50 0.00 Disbursement Graph Public Disclosure Copy Key Decisions Regarding Implementation Page 3 of 4 The World Bank Report No: ISR14059 The last formal outstanding step is the formal closure of the World Bank PURSP project credit, expected in the coming months. Restructuring History Public Disclosure Copy There has been no restructuring to date. Related Projects There are no related projects. Public Disclosure Copy Page 4 of 4