The World Bank                                                                                                                                                         Report No: ISR6921


                                                                                                    Implementation Status & Results
                                                                                                            China
                                                                                         CN-PCF Xiaogushan Hydropower Project (P087153)
Public Disclosure Copy




                         Operation Name: CN-PCF Xiaogushan Hydropower Project (P087153)                           Project Stage:   Implementation         Seq.No: 2     Status: ARCHIVED        Archive Date:        11-Jul-2012
                                                                            Country: China                                                 Approval FY:        2005
                         Product Line: Carbon Offset                        Region: EAST ASIA AND PACIFIC                                  Lending Instrument: Specific Investment Loan
                         Implementing Agency(ies):
                         Key Dates
                         Board Approval Date    22-Jun-2005           Original Closing Date 31-Dec-2013                  Last Archived ISR Date 11-Apr-2012
                         Effectiveness Date     30-Aug-2005           Revised Closing Date 31-Dec-2013


                         Overall Ratings
                                                                Previous Rating                           Current Rating
                         Progress towards achievement of PDO    Highly Satisfactory                       Highly Satisfactory
                         Overall Implementation Progress (IP)   Highly Satisfactory                       Highly Satisfactory
                         Overall Risk Rating                    Low

                         Implementation Status Overview
                         (a) the hydropower investments required under the ADB-financed project have been completed and the project was commissioned in 2006; (b) against the annual power generation
                         expected at about 360 GWh with an equivalent generation of emissions reduction of about 310,000, the project has been delivering on average about 390,335 annual emission
                         reductions (from 2007 to 2010); and (c) the ERPA was amended in 2006 to increase the aggregate target for CERs delivery from 2.2 million to 3.0 million. As of 2010, the project had
                         delivered 1.7 million CERs surpassing the target of 1.4 million CERs for the said period. The project is expected to achieve the CER delivery target at project closing.


                         Locations
                         Country                                                  First Administrative Division                         Location                                          Planned               Actual
                         China                                                    Gansu Sheng                                           Sunan Yugur Zizhixian

                         China                                                    Gansu Sheng                                           Zhangye Shi
Public Disclosure Copy




                         Key Decisions Regarding Implementation
                         Since no more safeguards issue, the supervision responsibility will be transfered to the carbon finance team

                         Related Projects
                         There are no related projects.




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