Public Disclosure Copy The World Bank Implementation Status & Results Report Rural Electrification and Renewable Energy Development II (RERED II) Project (P131263) Rural Electrification and Renewable Energy Development II (RERED II) Project (P131263) SOUTH ASIA | Bangladesh | Energy and Mining Global Practice | IBRD/IDA | Specific Investment Loan | FY 2013 | Seq No: 28 | ARCHIVED on 10-Jun-2015 | ISR19407 | Implementing Agencies: Power Cell, Infrastructure Development Company Limited (IDCOL) Key Dates Key Project Dates Board Approval date:20-Sep-2012 Effectiveness Date:20-Feb-2013 Planned Mid Term Review Date:17-Aug-2015 Actual Mid-Term Review Date:-- Original Closing Date:31-Dec-2018 Revised Closing Date:31-Dec-2018 Project Development Objectives Rural Electrification and Renewable Energy Development II (RERED II) Project (P131263) Project Development Objective (from Project Appraisal Document) The proposed project development objectives are to increase access to clean energy in rural areas through renewable energy and promote more efficient energy consumption. 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) Increase access to clean energy through renewable energy in rural areas. Components Name Access to Electricity:(Cost $309.30 M) Household Energy:(Cost $46.30 M) Sector Technical Assistance:(Cost $6.50 M) Overall Ratings Name Previous Rating Current Rating Progress towards achievement of PDO  Satisfactory  Moderately Satisfactory Overall Implementation Progress (IP)  Moderately Satisfactory  Moderately Satisfactory Overall Risk Rating  --  Moderate 6/10/2015 Public Disclosure Copy Page 1 of 8 Public Disclosure Copy The World Bank Implementation Status & Results Report Rural Electrification and Renewable Energy Development II (RERED II) Project (P131263) Implementation Status and Key Decisions The project is supporting the solar home systems (SHS) for increasing access to electricity in remote rural areas where grid electrificty is difficult or expensive to each. The project is also supporting renewable energy based mini-grid options for access to electricity, replacement of diesel pumps with solar irrigation pumps, and dissemination of efficient cook stoves and biogas plants for cooking. In addition to IDA credit, the project is receiving grant support from the Bangladesh Climate Resilience Funds (BCCRF) (for solar irrigation), US Agency for International Development (USAID), and multi-donor trust fund Global Partnership for Output Based Aid (GPOBA). The SHS program is facing some challenges. Installation rate dropped to about 45,000 per month from more than 50,000 per month until recently, and several external factors are believed to be contributing to this decline. Collection efficiency dropped to below 90%. There are opportunities emerging from the recent technological developments that allow for smaller plug-and-play kits to be offering reliable energy services. A technical mission will be conducted shortly jointly with the International Finance Coporation (IFC) of the World Bank Group to discuss and agree with the stakeholders a strategy of support for the SHS program taking into account the challenges and opportunities in the external environment. Risks Systematic Operations Risk-rating Tool Risk Category Rating at Approval Previous Rating Current Rating Political and Governance  --  --  High Macroeconomic  --  --  Low Sector Strategies and Policies  --  --  Substantial Technical Design of Project or Program  --  --  Moderate Institutional Capacity for Implementation and Sustainability  --  --  Low Fiduciary  --  --  Moderate Environment and Social  --  --  Moderate Stakeholders  --  --  Moderate Other  --  --  -- Overall  --  --  Moderate Results Project Development Objective Indicators PHINDPDOTBL  Number of households, farmers, and businesses having access to clean energy services (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 590183.00 715502.00 2069000.00 Date 31-Dec-2012 30-Sep-2014 31-Mar-2015 31-Dec-2018 6/10/2015 Public Disclosure Copy Page 2 of 8 Public Disclosure Copy The World Bank Implementation Status & Results Report Rural Electrification and Renewable Energy Development II (RERED II) Project (P131263) PHINDPDOTBL  Generation Capacity of Renewable Energy (other than hydropower) constructed (Megawatt, Core) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 19.87 24.33 56.00 Date 31-Dec-2012 30-Sep-2014 31-Mar-2015 31-Dec-2018 PHINDPDOTBL  Generation Capacity of Renewable Energy constructed-Solar (Megawatt, Core Breakdown) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 19.87 24.33 56.00 Date 31-Dec-2012 30-Sep-2014 31-Mar-2015 31-Dec-2018 PHINDPDOTBL  Direct project beneficiaries (Number, Core) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 3128720.00 3693031.00 5700000.00 Date 31-Dec-2012 30-Sep-2014 31-Mar-2015 31-Dec-2018 PHINDPDOTBL  Female beneficiaries (Percentage, Core Supplement) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 45.48 44.61 59.00 6/10/2015 Public Disclosure Copy Page 3 of 8 Public Disclosure Copy The World Bank Implementation Status & Results Report Rural Electrification and Renewable Energy Development II (RERED II) Project (P131263) PHINDPDOTBL  People provided with access to electricity by household connections (Number, Core) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 3123200.00 3673648.00 4700000.00 Date 31-Dec-2012 30-Sep-2014 31-Mar-2015 31-Dec-2018 PHINDPDOTBL  Ppl provided wth elec. by hhold conn.–Offgrid/minigrid–Only renewable sources (Number, Core Breakdown) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 3123200.00 3673648.00 4700000.00 Date 31-Dec-2012 31-Mar-2014 31-Mar-2014 31-Dec-2018 PHINDPDOTBL  People that gained access to more energy-efficient cooking and/or heating facilities (Number, Core) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 5530.00 19383.00 1000000.00 Date 31-Dec-2012 30-Sep-2014 31-Mar-2015 31-Dec-2018 PHINDPDOTBL  People that gained access only through switching of cooking and/or heating systems (Number, Core Breakdown) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 5530.00 19383.00 1000000.00 Date 31-Dec-2012 30-Sep-2014 31-Mar-2015 31-Dec-2018 Overall Comments Global Environmental Objective Indicators Overall Comments 6/10/2015 Public Disclosure Copy Page 4 of 8 Public Disclosure Copy The World Bank Implementation Status & Results Report Rural Electrification and Renewable Energy Development II (RERED II) Project (P131263) Intermediate Results Indicators PHINDIRITBL  Number of solar home systems installed (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 586525.00 709414.00 1030000.00 Date 31-Dec-2012 30-Sep-2014 31-Mar-2015 31-Dec-2018 PHINDIRITBL  Number of connections made through mini-grid systems and captive plants (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 3.00 257.00 7500.00 Date 31-Dec-2012 30-Sep-2014 31-Mar-2015 31-Dec-2018 PHINDIRITBL  Number of solar irrigation pumps (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 25.00 37.00 1250.00 Date 31-Dec-2012 30-Sep-2014 31-Mar-2015 31-Dec-2018 PHINDIRITBL  Number of higher efficiency cook stoves disseminated (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 2800.00 2936.00 1000000.00 Date 31-Dec-2012 30-Sep-2014 31-Mar-2015 31-Dec-2018 6/10/2015 Public Disclosure Copy Page 5 of 8 Public Disclosure Copy The World Bank Implementation Status & Results Report Rural Electrification and Renewable Energy Development II (RERED II) Project (P131263) PHINDIRITBL  Number of biogas plants for cooking (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 1453.00 1453.00 33000.00 Date 31-Dec-2012 30-Sep-2014 31-Mar-2015 31-Dec-2018 PHINDIRITBL  Enabling policy for renewable energy development (Text, Custom) Baseline Actual (Previous) Actual (Current) End Target SREDA SREDA operational SREDA operational with operational with Value SREDA not operational with core staff core staff appointed core staff appointed appointed Date -- 30-Sep-2014 31-Mar-2015 31-Dec-2015 PHINDIRITBL  Collection efficiency of the SHS POs (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 96.00 96.00 88.00 90.00 Date 28-Feb-2014 30-Sep-2014 31-Mar-2015 31-Dec-2018 Overall Comments Data on Financial Performance Disbursements (by loan) Project Loan/Credit/TF Status Currency Original Revised Cancelled Disbursed Undisbursed Disbursed P131263 IDA-51580 Effective USD 155.00 155.00 0.00 115.34 37.31 74% P131263 IDA-55140 Effective USD 78.40 78.40 0.00 13.76 56.58 18% P131263 TF-15034 Effective USD 3.77 3.77 0.00 3.06 0.70 81% P131263 TF-15077 Effective USD 10.00 10.00 0.00 0.64 9.36 6% 6/10/2015 Public Disclosure Copy Page 6 of 8 Public Disclosure Copy The World Bank Implementation Status & Results Report Rural Electrification and Renewable Energy Development II (RERED II) Project (P131263) P119549 TF-96551 Closed USD 10.00 7.20 0.00 7.20 0.00 100% P119547 TF-96552 Effective USD 10.00 1.10 0.00 0.77 0.33 70% P119549 TF-98472 Closed USD 10.00 6.75 0.00 6.75 0.00 100% P106135 TF-99954 Effective USD 10.00 8.36 0.00 0.00 8.36 0% P107906 TF-99955 Effective USD 10.00 4.25 0.00 0.13 4.12 3% Key Dates (by loan) Project Loan/Credit/TF Status Approval Date Signing Date Effectiveness Date Orig. Closing Date Rev. Closing Date P131263 IDA-51580 Effective 20-Sep-2012 23-Oct-2012 20-Feb-2013 31-Dec-2018 31-Dec-2018 P131263 IDA-55140 Effective 19-Jun-2014 30-Jun-2014 28-Sep-2014 31-Dec-2018 31-Dec-2018 P131263 TF-15034 Effective 10-Jul-2013 15-Jul-2013 28-Jul-2013 30-Jun-2016 30-Jun-2016 P131263 TF-15077 Effective 30-Sep-2013 30-Sep-2013 18-Dec-2013 31-Dec-2016 31-Dec-2016 P119549 TF-96551 Closed 12-May-2010 12-May-2010 12-May-2010 30-Sep-2013 30-Sep-2013 P119547 TF-96552 Effective 12-May-2010 12-May-2010 12-May-2010 30-Jun-2014 30-Jun-2015 P119549 TF-98472 Closed 02-Mar-2011 02-Mar-2011 28-Apr-2011 30-Jun-2014 30-Jun-2014 P106135 TF-99954 Effective 19-Dec-2007 19-Dec-2007 19-Dec-2007 31-Dec-2015 31-Dec-2016 P107906 TF-99955 Effective 19-Dec-2007 19-Dec-2007 19-Dec-2007 31-Dec-2015 31-Dec-2016 Cumulative Disbursements 6/10/2015 Public Disclosure Copy Page 7 of 8 Public Disclosure Copy The World Bank Implementation Status & Results Report Rural Electrification and Renewable Energy Development II (RERED II) Project (P131263) Restructuring History Level 2 Approved on 28-Jan-2014 ,Level 2 Approved on 28-May-2015 Related Project(s) P106135-Grameen Shakti Solar Homes Project ,P107906-Bangladesh - IDCOL Solar Home Systems Project ,P119547-GPOBA: Rural Electrification & Renewable Energy ,P119549-GPOBA: Bangladesh Solar Home Systems ,P150001-RERED II Additional Financing ,P154576- GPOBA Scale-up for Bangladesh RERED II 6/10/2015 Public Disclosure Copy Page 8 of 8