Public Disclosure Copy The World Bank Implementation Status & Results Report Egypt - Wind Power Development Project (P113416) Egypt - Wind Power Development Project (P113416) MIDDLE EAST AND NORTH AFRICA | Egypt, Arab Republic of | Energy & Extractives Global Practice | IBRD/IDA | Investment Project Financing | FY 2010 | Seq No: 17 | ARCHIVED on 12-Jun-2018 | ISR32682 | Implementing Agencies: ARAB REPUBLIC OF EGYPT, Egyptian Electricity Transmission Company, Egyptian Electricity Transmission Company Key Dates Key Project Dates Bank Approval Date:15-Jun-2010 Effectiveness Date:14-Aug-2011 Planned Mid Term Review Date:27-Mar-2016 Actual Mid-Term Review Date:16-Mar-2016 Original Closing Date:31-Dec-2015 Revised Closing Date:30-Jun-2019 Project Development Objectives Project Development Objective (from Project Appraisal Document) The project development objective is to develop infrastructure and business models for scaling-up wind power in Egypt. Has the Project Development Objective been changed since Board Approval of the Project Objective? Yes Board Approved Revised Project Development Objective (If project is formally restructured)PHRPDODEL The project development objective is to develop business models and required transmission facilities for scaling-up wind power in Egypt, and increase transmission capacity in targeted areas. Components Name Transmission Infrastructure:(Cost $70.00 M) Technical Assistance to support the expansion of Egypt's wind generation program:(Cost $1.75 M) Gulf of Suez 250 MW BOO Proiect 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  Substantial  Substantial 6/12/2018 Page 1 of 9 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Egypt - Wind Power Development Project (P113416) Implementation Status and Key Decisions Project relevance. The project development objective remains relevant due to the need for increased transmission capacities to scale-up renewable energy development in Egypt. Overall Project Implementation: The project progress towards achieving its Development Objective is rated Moderately Satisfactory. Progress of the main components is as follows: (i) construction of the Suez Gulf/Samalaut 500 kV transmission line is complete; and (ii) The Project Agreements for the 250 Wind BOO were signed on October 31, 2017 following attainment of all the Conditions Precedent including Finance Close. Risks Systematic Operations Risk-rating Tool Risk Category Rating at Approval Previous Rating Current Rating Political and Governance  --  Moderate  Moderate Macroeconomic  --  Substantial  Substantial Sector Strategies and Policies  --  Moderate  Moderate Technical Design of Project or Program  --  Moderate  Moderate Institutional Capacity for Implementation and Sustainability  --  High  High Fiduciary  --  Moderate  Moderate Environment and Social  --  Moderate  Moderate Stakeholders  --  Moderate  Moderate Other  --  High  Moderate Overall  --  Substantial  Substantial Results Project Development Objective Indicators PHINDPDOTBL  Increase in transmission infrastructure capacity to evacuate 3,000 MW of wind power (Gigawatt, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 1.50 1.50 3.00 Date 15-Sep-2010 30-Oct-2017 17-May-2018 30-Jun-2019 Comments Construction progress of the main transmission line (the Suez Gulf/Samalaut 500 kV), which accounts for about 40% of the total infrastructure, is completed. Additional contracts totaling about US$54.0 million have been signed 6/12/2018 Page 2 of 9 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Egypt - Wind Power Development Project (P113416) PHINDPDOTBL  Financial close of first private sector investment in wind power (250MW) (Yes/No, Custom) Baseline Actual (Previous) Actual (Current) End Target Value N Y Y Y Date 15-Sep-2010 31-Oct-2017 17-May-2018 30-Jun-2019 Comments The Project Agreements were signed October 31, 2017 following attainment of all Conditions Precedent including Finance Close. The project implementation is expected to take 18-24 months. The project structuring and contract documents developed with the support of the project have created further interest in the Egypt wind development; additional proposals for a combined capacity of about 570MW have been submitted for consideration, accepting the same terms and conditions. PHINDPDOTBL  Projected GHG emission (MT annually) reductions from 750MW of new wind capacity (Metric ton, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.38 0.38 0.38 0.82 Date 15-Sep-2010 30-Oct-2017 17-May-2018 30-Jun-2019 Comments No new RE capacity has been commissioned under the project. PHINDPDOTBL  Direct project beneficiaries (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 1,466,422.00 6/12/2018 Page 3 of 9 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Egypt - Wind Power Development Project (P113416) Date 15-Sep-2010 30-Oct-2017 17-May-2018 30-Jun-2019 PHINDPDOTBL  Female beneficiaries (Percentage, Custom Supplement) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 49.00 Overall Comments Intermediate Results Indicators PHINDIRITBL  Contruct 500 kV transmission line from Suez Gulf to Samallout (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 100.00 100.00 100.00 Date 15-Sep-2010 30-Oct-2017 17-May-2018 30-Jun-2019 Comments Line construction completed March 2017. 6/12/2018 Page 4 of 9 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Egypt - Wind Power Development Project (P113416) PHINDIRITBL  Install a new 500kV/220kV transformer at Samallout (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 100.00 100.00 100.00 Date 15-Sep-2010 30-Oct-2017 17-May-2018 30-Jun-2019 Comments Substation construction completed. PHINDIRITBL  Construct 220KV transmission line from Ras Gharib to Gabel El-Zait (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 10.00 10.00 100.00 Date 15-Sep-2010 30-Oct-2017 17-May-2018 30-Jun-2019 Comments Contract signed 13-May-18. PHINDIRITBL  Construct 220 kV transmission line from North Hurghada to El-Qusair (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 10.00 10.00 100.00 Date 15-Sep-2010 30-Oct-2017 17-May-2018 30-Jun-2019 Comments Contract signed 13-May-18 6/12/2018 Page 5 of 9 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Egypt - Wind Power Development Project (P113416) PHINDIRITBL  Transmission lines constructed or rehabilitated under the project (Kilometers, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 280.00 280.00 429.00 Date 15-Sep-2010 30-Oct-2017 17-May-2018 30-Jun-2019 Comments Contract for the supply of additional line materials signed 10-May-18. PHINDIRITBL  Bid Document for first BOO developed (Yes/No, Custom) Baseline Actual (Previous) Actual (Current) End Target Value N Y Y Y Date 15-Sep-2010 06-Jun-2017 17-May-2018 30-Jun-2019 Comments Completed. PHINDIRITBL  Procedures developed for wind power integration by system operator (Yes/No, Custom) Baseline Actual (Previous) Actual (Current) End Target Value N Y Y Y Date 15-Sep-2010 06-Jun-2017 17-May-2018 30-Jun-2019 Comments Completed. 6/12/2018 Page 6 of 9 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Egypt - Wind Power Development Project (P113416) PHINDIRITBL  Displacement of Diesel Generation (Gigawatt-hour (GWh), Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 87.60 Date 15-Sep-2010 30-Oct-2017 17-May-2018 30-Jun-2019 Comments No new Wind based generation has been commissioned todate. PHINDIRITBL  Progress in implementing 750MW Wind Power Competitive Bidding Program (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 105.00 105.00 100.00 Date 15-Sep-2010 03-Nov-2017 17-May-2018 30-Jun-2019 Comments Completed with Finance Close. PHINDIRITBL  Grievance Redress Mechanism In-place (Yes/No, Custom) Baseline Actual (Previous) Actual (Current) End Target Value N Y Y Y Date 15-Sep-2010 03-Nov-2017 17-May-2018 30-Jun-2019 Comments This was put-in place for the construction of the 280km,500KV Ras Gharib-Samalaut transmission line. Overall Comments 6/12/2018 Page 7 of 9 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Egypt - Wind Power Development Project (P113416) Data on Financial Performance Disbursements (by loan) Project Loan/Credit/TF Status Currency Original Revised Cancelled Disbursed Undisbursed Disbursed P113416 IBRD-79270 Effective USD 70.00 70.00 0.00 26.28 43.72 38% P113416 TF-95224 Closed USD 0.49 0.49 0.00 0.49 0.00 100% P113416 TF-96929 Effective USD 0.25 0.25 0.00 0.00 0.25 0% P113416 TF-96930 Effective USD 149.75 149.75 0.00 57.12 92.63 38% Key Dates (by loan) Project Loan/Credit/TF Status Approval Date Signing Date Effectiveness Date Orig. Closing Date Rev. Closing Date P113416 IBRD-79270 Effective 15-Jun-2010 04-Nov-2010 14-Aug-2011 31-Dec-2015 30-Jun-2019 P113416 TF-95224 Closed 03-Jan-2010 04-Jan-2010 04-Jan-2010 30-Jun-2011 30-Jun-2012 P113416 TF-96929 Effective 04-Nov-2010 04-Nov-2010 14-Aug-2011 31-Dec-2015 28-Jun-2019 P113416 TF-96930 Effective 15-Jun-2010 04-Nov-2010 14-Aug-2011 31-Dec-2015 28-Jun-2019 Cumulative Disbursements 6/12/2018 Page 8 of 9 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Egypt - Wind Power Development Project (P113416) Restructuring History Level 1 Approved on 10-Jul-2014 ,Level 2 Approved on 20-Dec-2017 Related Project(s) There are no related projects. 6/12/2018 Page 9 of 9 Public Disclosure Copy