The World Bank Implementation Status & Results Report Electricity Supply Reliability Project (P116748) Electricity Supply Reliability Project (P116748) EUROPE AND CENTRAL ASIA | Armenia | Energy & Extractives Global Practice | IBRD/IDA | Investment Project Financing | FY 2011 | Seq No: 13 | ARCHIVED on 26-Aug-2019 | ISR37428 | Implementing Agencies: Republic of Armenia, High Voltage Electric Networks Key Dates Key Project Dates Bank Approval Date: 26-May-2011 Effectiveness Date: 28-Nov-2011 Planned Mid Term Review Date: 17-Apr-2014 Actual Mid-Term Review Date: 27-Jan-2014 Original Closing Date: 30-Jun-2016 Revised Closing Date: 31-Dec-2019 pdoTable Project Development Objectives Project Development Objective (from Project Appraisal Document) The project development objective is to increase the reliability and capacity of the transmission network. Has the Project Development Objective been changed since Board Approval of the Project Objective? No Components Table Name Component 1: Strengthening of the power transmission network:(Cost $69.80 M) Component 2: Technical assistance:(Cost $6.50 M) 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 Moderate Moderate Implementation Status and Key Decisions Despite some delays with supply of equipment, finalization of Resettlement Action Plans (RAPs) for the Lalvar-Noyemberyan overhead transmission line and land acquisition, the pace of project implementation has picked up. Works at Haghtanak substation have been completed. Works at Vanadzor-1 substation are expected to be completed by the end of December. 8/26/2019 Page 1 of 5 The World Bank Implementation Status & Results Report Electricity Supply Reliability Project (P116748) 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 -- Low Low Institutional Capacity for Implementation and Sustainability -- Moderate Moderate Fiduciary -- Substantial Substantial Environment and Social -- Substantial Substantial Stakeholders -- Low Low Other -- -- -- Overall -- Moderate Moderate Results PDO Indicators by Objectives / Outcomes Increase the reliability of the transmission system IN00711264 ►Outages per year on the target section of the transmission line (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 14.00 18.00 18.00 3.00 Date 07-Apr-2011 24-Dec-2018 24-Dec-2018 31-Dec-2019 The restructuring of the project in October 2015 extended the total length of transmission lines to be replaced and by consequence increased the number of outages from the baseline of 14 to 20. However, Comments: as the project implementation progressed the indicator improved and is expected to meet the target by project completion. IN00711341 ►Average interruption frequency per year in the project area (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.20 0.21 0.21 0.08 Date 17-Mar-2014 30-May-2018 30-May-2018 31-Dec-2019 IN00711342 Customers served in the project area (Number, Custom Supplement) Baseline Actual (Previous) Actual (Current) End Target 8/26/2019 Page 2 of 5 The World Bank Implementation Status & Results Report Electricity Supply Reliability Project (P116748) Value 62,000.00 61,930.00 61,930.00 62,000.00 IN00711343 ►Average interruption frequency per year for customers of the Special Economic Zone served by Haghtanak substation (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.20 0.21 0.21 0.05 Date 17-Mar-2014 30-May-2018 30-May-2018 31-Dec-2019 IN00711344 ►Plant and equipment failures per year in target substations (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 8.00 18.00 18.00 2.00 Date 17-Mar-2014 24-Dec-2018 24-Dec-2018 31-Dec-2019 Increase the capacity of the transmission system IN00711265 ►Increased capacity of the targeted section of the transmission line (Megawatt, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 250.00 370.00 370.00 430.00 Date 07-Apr-2011 24-Dec-2018 24-Dec-2018 31-Dec-2019 Intermediate Results Indicators by Components Component 1: Strengthening of the power transmission network IN00711345 ►Total number of substations rehabilitated under the project (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 4.00 Date 17-Mar-2014 28-Dec-2018 28-Dec-2018 31-Dec-2019 IN00711346 ►Transmission lines constructed or rehabilitated under the project (Kilometers, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 226.00 226.00 255.00 Date 07-Apr-2011 28-Dec-2018 28-Dec-2018 31-Dec-2019 IN00711347 Transmission lines constructed under the project (Kilometers, Custom Breakdown) Baseline Actual (Previous) Actual (Current) End Target 8/26/2019 Page 3 of 5 The World Bank Implementation Status & Results Report Electricity Supply Reliability Project (P116748) Value 0.00 226.00 226.00 255.00 Date 07-Apr-2011 28-Dec-2018 28-Dec-2018 31-Dec-2019 IN00711348 ►Percent of registered project related grievances (disaggregated by gender) responded to within stipulated service standards for response times (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 100.00 100.00 100.00 100.00 Date 30-Jun-2015 28-Dec-2018 28-Dec-2018 31-Dec-2019 Data on Financial Performance Disbursements (by loan) Project Loan/Credit/TF Status Currency Original Revised Cancelled Disbursed Undisbursed % Disbursed P116748 IBRD-80550 Effective USD 39.00 39.00 0.00 32.48 6.52 83% P116748 IBRD-83880 Effective USD 40.00 37.50 2.50 17.03 20.47 45% Key Dates (by loan) Project Loan/Credit/TF Status Approval Date Signing Date Effectiveness Date Orig. Closing Date Rev. Closing Date P116748 IBRD-80550 Effective 26-May-2011 01-Jun-2011 28-Nov-2011 30-Jun-2016 31-Dec-2019 P116748 IBRD-83880 Effective 02-Jul-2014 06-Aug-2014 03-Feb-2015 31-Dec-2018 31-Dec-2019 Cumulative Disbursements 8/26/2019 Page 4 of 5 The World Bank Implementation Status & Results Report Electricity Supply Reliability Project (P116748) Restructuring History Level 2 Approved on 03-Sep-2015 ,Level 2 Approved on 09-Jun-2017 ,Level 2 Approved on 19-Jun-2018 Related Project(s) P148102-Electricity Supply Reliability Project: Additional Financing 8/26/2019 Page 5 of 5