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: 12 | ARCHIVED on 11-Jan-2019 | ISR35586 | 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 HVEN completed the works on the 220kV Hrazdan-Shinuhayr OTL with 721 towers erected and almost 226 kilometers of transmission lines stringed and energized. Works on the Lalvar-Noyemberyan OTL are lagging behind schedule due to delays with finalization of Resettlement Action Plans (RAPs) and acquisition of land. Works at Haghtanak and Vanadzor-1 substations are lagging behind schedule and are expected to be completed by end of March 2019. 1/11/2019 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 IN00598709 ►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 30-May-2018 24-Dec-2018 31-Dec-2019 IN00598712 ►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 IN00598716 Customers served in the project area (Number, Custom Supplement) Baseline Actual (Previous) Actual (Current) End Target Value 62,000.00 61,930.00 61,930.00 62,000.00 IN00598714 ►Average interruption frequency per year for customers of the Special Economic Zone served by Haghtanak substation (Number, Custom) 1/11/2019 Page 2 of 5 The World Bank Implementation Status & Results Report Electricity Supply Reliability Project (P116748) 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 IN00598710 ►Plant and equipment failures per year in target substations (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 8.00 7.00 18.00 2.00 Date 17-Mar-2014 30-May-2018 24-Dec-2018 31-Dec-2019 Increase the capacity of the transmission system IN00598707 ►Increased capacity of the targeted section of the transmission line (Megawatt, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 250.00 310.00 370.00 430.00 Date 07-Apr-2011 30-May-2018 24-Dec-2018 31-Dec-2019 Intermediate Results Indicators by Components Component 1: Strengthening of the power transmission network IN00598711 ►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 30-May-2018 28-Dec-2018 31-Dec-2019 IN00598708 ►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 30-May-2018 28-Dec-2018 31-Dec-2019 IN00598715 Transmission lines constructed under the project (Kilometers, Custom Breakdown) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 226.00 226.00 255.00 Date 07-Apr-2011 30-May-2018 28-Dec-2018 31-Dec-2019 IN00598713 1/11/2019 Page 3 of 5 The World Bank Implementation Status & Results Report Electricity Supply Reliability Project (P116748) ►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 Date 30-Jun-2015 -- 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 31.07 7.93 80% P116748 IBRD-83880 Effective USD 40.00 37.50 2.50 12.89 24.61 34% 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 1/11/2019 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 1/11/2019 Page 5 of 5