Restructuring Status: Archived Restructuring Type: Level two Last modified on date : 12/21/2011 1. Basic Information Project ID & Name P105651: GPOBA W3: Ethiopia Rural Elect Expn, Ph2 Country Ethiopia Task Team Leader Raluca Georgiana Golumbeanu Sector Manager/Director Lucio Monari Country Director R. Gregory Toulmin Original Board Approval Date 11/11/2008 Original Closing Date: 12/31/2011 Current Closing Date 12/31/2011 Proposed Closing Date [if applicable] 06/30/2013 EA Category B-Partial Assessment Revised EA Category B-Partial Assessment-Partial Assessment EA Completion Date 02/16/2007 Revised EA Completion Date 2. Revised Financing Plan (US$m) Source Original Revised BORR 0.00 0.00 GPBA 7.00 8.00 Total 7.00 8.00 3. Borrower Organization Department Location Ethiopian Electric Power Universal Electric Access Ethiopia Corporation 4. Implementing Agency Organization Department Location Ethiopian Electric Power Universal Electric Access Ethiopia Corporation ii 5. Disbursement Estimates (US$m) Actual amount disbursed as of 12/23/2011 0.00 Fiscal Year Annual Cumulative 2011 0.00 0 2012 3.50 3.50 2013 4.50 8.00 Total 8.00 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 main objective of the GPOBA project is to increase access to electricity in rural towns and villages with grid-access, by assisting EEPCo in its connection fee financing program, extending loan tenors of five years to poor household customers. In addition, the GPOBA grant will finance two energy efficient Compact Fluorescent Lamps (CFLs) for poor households (hhs). Those CFLs will be delivered as part of the connection package to both ensure an affordable bill for hhs and promote energy efficiency. The increased access to electricity will improve the quality of life, enhance educational services, and provide income- generating opportunities. 7b. Revised Project Development Objectives/Outcomes [if applicable] iii