Public Disclosure Copy The World Bank Implementation Status & Results Report Indonesia: Geothermal Energy Upstream Development Project (P155047) Indonesia: Geothermal Energy Upstream Development Project (P155047) EAST ASIA AND PACIFIC | Indonesia | Energy & Extractives Global Practice | Recipient Executed Activities | Investment Project Financing | FY 2017 | Seq No: 2 | ARCHIVED on 08-Nov-2017 | ISR30078 | Implementing Agencies: PT Sarana Multi Infrastruktur (Persero), PT Sarana Multi Infrastruktur (Persero) Key Dates Key Project Dates Bank Approval Date:09-Feb-2017 Effectiveness Date:04-Aug-2017 Planned Mid Term Review Date:31-Jan-2020 Actual Mid-Term Review Date:-- Original Closing Date:31-Dec-2022 Revised Closing Date:31-Dec-2022 Project Development Objectives Project Development Objective (from Project Appraisal Document) The PDO is to facilitate investment in geothermal power generation and reduce greenhouse gas emissions. Has the Project Development Objective been changed since Board Approval of the Project Objective? No PHRPDODEL Components Name Risk Mitigation for Geothermal Exploration Drilling:(Cost $98.00 M) Capacity Building on Geothermal Exploration and Environmental and Social Safeguards Management Overall Ratings Name Previous Rating Current Rating Progress towards achievement of PDO  Satisfactory  Satisfactory Overall Implementation Progress (IP)  Satisfactory  Moderately Satisfactory Overall Risk Rating  Substantial  Substantial Implementation Status and Key Decisions The Project became effective on August 4, 2017. Implementation is slower than initially planned, however progress is being made on the Environmental 11/8/2017 Page 1 of 7 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Indonesia: Geothermal Energy Upstream Development Project (P155047) and Social Impact Assessment, Land Acquisition and Resettlement Action Plan, and remaining geotechnical studies to finalize infrastructure and the drilling plan for the first site to be supported by the Project. The next Bank supervision mission is planned for November 2017. Risks Systematic Operations Risk-rating Tool Risk Category Rating at Approval Previous Rating Current Rating Political and Governance  Substantial  Substantial  Substantial Macroeconomic  Moderate  Moderate  Moderate Sector Strategies and Policies  Substantial  Substantial  Substantial Technical Design of Project or Program  Moderate  Moderate  Moderate Institutional Capacity for Implementation and Sustainability  Substantial  Substantial  Substantial Fiduciary  Substantial  Substantial  Substantial Environment and Social  Substantial  Substantial  Substantial Stakeholders  Substantial  Substantial  Substantial Other  --  --  -- Overall  Substantial  Substantial  Substantial Results Project Development Objective Indicators PHINDPDOTBL  Electric power generation capacity enabled through the issuance of geothermal development licenses (Megawatt, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 65.00 Date 01-May-2017 24-Feb-2017 29-Oct-2017 30-Dec-2022 PHINDPDOTBL  Commercial capital mobilized for investment in geothermal power generation (million) (Amount(USD), Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 195.00 Date 01-May-2017 24-Feb-2017 29-Oct-2017 30-Dec-2022 11/8/2017 Page 2 of 7 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Indonesia: Geothermal Energy Upstream Development Project (P155047) PHINDPDOTBL  Estimated GHG emission reduction compared to a business-as-usual baseline (Metric ton, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 0.33 Date 01-May-2017 24-Feb-2017 29-Oct-2017 30-Dec-2022 Overall Comments Intermediate Results Indicators PHINDIRITBL  Total generating capacity-equivalent of steam yield from all wells drilled (Megawatt, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 48.00 Date 01-May-2017 24-Feb-2017 29-Oct-2017 30-Dec-2022 PHINDIRITBL  Average generating capacity-equivalent of steam yield per well drilled (Megawatt, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 6.00 Date 01-May-2017 24-Feb-2017 29-Oct-2017 30-Dec-2022 11/8/2017 Page 3 of 7 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Indonesia: Geothermal Energy Upstream Development Project (P155047) PHINDIRITBL  Issuance of geothermal development licenses (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 4.00 Date 01-May-2017 24-Feb-2017 29-Oct-2017 30-Dec-2022 PHINDIRITBL  Estimated increase in the number of connected households for the associated local electricity networks (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 116,411.00 Date 01-May-2017 24-Feb-2017 29-Oct-2017 30-Dec-2022 PHINDIRITBL  Direct project beneficiaries (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 582,055.00 Date 01-May-2017 24-Feb-2017 29-Oct-2017 30-Dec-2022 PHINDIRITBL  Female beneficiaries (Percentage, Custom Supplement) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 50.00 11/8/2017 Page 4 of 7 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Indonesia: Geothermal Energy Upstream Development Project (P155047) PHINDIRITBL  Delivery of Inferred Resource Capacity Reports by Exploration Management Team (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 5.00 Date 01-May-2017 24-Feb-2017 29-Oct-2017 30-Dec-2022 PHINDIRITBL  Practice guides for safeguards implementation (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 2.00 Date 01-May-2017 24-Feb-2017 29-Oct-2017 30-Dec-2022 PHINDIRITBL  Villages located next to exploration sites with at least one public consultation held (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 100.00 Date 01-May-2017 24-Feb-2017 29-Oct-2017 30-Dec-2022 PHINDIRITBL  Share of public consultations segregated by gender (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 50.00 Date 01-May-2017 24-Feb-2017 29-Oct-2017 30-Dec-2022 Overall Comments 11/8/2017 Page 5 of 7 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Indonesia: Geothermal Energy Upstream Development Project (P155047) Data on Financial Performance Disbursements (by loan) Project Loan/Credit/TF Status Currency Original Revised Cancelled Disbursed Undisbursed Disbursed P155047 TF-A4086 Effective USD 6.25 6.25 0.00 0.00 6.25 0% P155047 TF-A4089 Effective USD 49.00 49.00 0.00 0.00 49.00 0% Key Dates (by loan) Project Loan/Credit/TF Status Approval Date Signing Date Effectiveness Date Orig. Closing Date Rev. Closing Date P155047 TF-A4086 Effective 09-Feb-2017 07-Mar-2017 04-Aug-2017 31-Dec-2022 31-Dec-2022 P155047 TF-A4089 Effective 09-Feb-2017 07-Mar-2017 04-Aug-2017 31-Dec-2022 31-Dec-2022 Cumulative Disbursements Restructuring History There has been no restructuring to date. 11/8/2017 Page 6 of 7 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Indonesia: Geothermal Energy Upstream Development Project (P155047) Related Project(s) There are no related projects. 11/8/2017 Page 7 of 7 Public Disclosure Copy