Restructuring Status: Archived Restructuring Type: Level two Last modified on date : 06/16/2011 1. Basic Information Project ID & Name P077526: POWER SECTOR GENER & RESTRCT’G Country Albania Task Team Leader Arturo S. Rivera Sector Manager/Director Ranjit J. Lamech Country Director Jane Armitage Original Board Approval Date 03/16/2004 Original Closing Date: 01/31/2008 Current Closing Date 06/30/2011 Proposed Closing Date [if applicable] 12/30/2011 EA Category A-Full Assessment Revised EA Category A-Full Assessment-Full Assessment EA Completion Date 10/20/2003 Revised EA Completion Date 2. Revised Financing Plan (US$m) Source Original Revised BOAG 12.66 12.66 BORR 0.00 0.00 EBRD 37.50 37.50 EUIB 37.50 37.50 IDA 25.00 25.00 Total 112.66 112.66 3. Borrower Organization Department Location 4. Implementing Agency Organization Department Location Albanian Power Corporation Albania (KESH) i 5. Disbursement Estimates (US$m) Actual amount disbursed as of 06/23/2011 23.02 Fiscal Year Annual Cumulative 2011 3.12 26.14 2012 1.09 27.23 Total 27.23 6. Policy Exceptions and Safeguard Policies Does the restructured project require any exceptions to Bank policies? N Does the restructured projects trigger any new safeguard policies? If yes, please select N from the checklist below and update ISDS accordingly before submitting the package. 7a. Project Development Objectives/Outcomes Original/Current Project Development Objectives/Outcomes The development objective of the project is to achieve significant improvement in power system performance through (i) priority investments to increase domestic thermal generation, and (ii) measures to implement sector reforms and institutional strengthening. 7b. Revised Project Development Objectives/Outcomes [if applicable] ii