The World Bank Report No: ISR16452 Implementation Status & Results Kyrgyz Republic Electricity Supply Accountability and Reliability Improvement Project (P133446) Public Disclosure Copy Operation Name: Electricity Supply Accountability and Reliability Improvement Project Stage: Implementation Seq.No: 1 Status: ARCHIVED Archive Date: 29-Nov-2014 Project (P133446) Country: Kyrgyz Republic Approval FY: 2015 Product Line: IBRD/IDA Region: EUROPE AND CENTRAL ASIA Lending Instrument: Investment Project Financing Implementing Agency(ies): Severelectro OJSC Key Dates Board Approval Date 15-Jul-2014 Original Closing Date 31-Dec-2019 Planned Mid Term Review Date 26-Jun-2019 Last Archived ISR Date Effectiveness Date Revised Closing Date 31-Dec-2019 Actual Mid Term Review Date Project Development Objectives Project Development Objective (from Project Appraisal Document) The proposed development objective is to improve the reliability of electricity supply in the project area and strengthen the governance of Severelectro’s operations. Has the Project Development Objective been changed since Board Approval of the Project? Yes No Component(s) Component Name Component Cost Distribution Infrastructure Strengthening 16.00 Customer Service and Corporate Management System Improvement 7.00 Institutional Strengthening and Project Implementation Support 2.47 Overall Ratings Previous Rating Current Rating Public Disclosure Copy Progress towards achievement of PDO Satisfactory Overall Implementation Progress (IP) Satisfactory Overall Risk Rating Substantial Implementation Status Overview The project was approved on July 15, 2015 and is currently undergoing the process of internal reviews by the Government for signing of the Financing Agreement and subsequent ratification. Meanwhile, Severelectro, the largest distribution company in the country and the implementing entity, continues strengthening its capacity to ensure that the project can move to active implementation stage soon after it is ratified and declared effective. Page 1 of 6 The World Bank Report No: ISR16452 Locations No Location data has been entered Public Disclosure Copy Results Project Development Objective Indicators Indicator Name Core Unit of Measure Baseline Current End Target Electricity losses per year in the project area Percentage Value 22.00 22.00 18.00 Date 28-Feb-2014 01-Oct-2014 31-Dec-2019 Comments Too early to report results. Total net injected generation Megawatt hour Value 5817000.00 5817000.00 6099000.00 (MWh) Sub Type Supplemental Electricity losses per year in the project area- Percentage Value 18.00 18.00 16.00 Technical Sub Type Supplemental Electricity losses per year in the project area- Percentage Value 4.00 4.00 2.00 Non-Technical Sub Type Supplemental Duration of outages per 1,000 customers Hours Value 21.00 21.00 18.00 reduced Date 28-Feb-2014 01-Oct-2014 31-Dec-2019 Comments Too early to report results. Reliable operational and financial data Text Value n/a n/a Data generated through MISs available to the management of SE and key available to SE management, external stakeholders regulatory authority and Government; selected data available to customers Public Disclosure Copy Date 28-Feb-2014 01-Oct-2014 31-Dec-2019 Comments Severelectro is preparing supply and installation bidding documents for the Management Information Systems that will be procured under the project. Share of customers satisfied with SE's services Percentage Value 0.00 0.00 10.00 increased Date 28-Feb-2014 01-Oct-2014 31-Dec-2019 Page 2 of 6 The World Bank Report No: ISR16452 Comments Severelectro is in the process of hiring a local research firm to implement a Consumer Satisfaction Survey in its Public Disclosure Copy service area. Theobjective of this baseline survey is to gather key information at the outset so that later judgments can be made about the quality and results achieved during the implementation of the project. Share of female customers satisfied with SE’s Percentage Value 0.00 0.00 10.00 services increased Sub Type Supplemental Share of customers from low income groups Percentage Value 0.00 0.00 10.00 satisfied with SE’s services increased Sub Type Supplemental Intermediate Results Indicators Indicator Name Core Unit of Measure Baseline Current End Target Capacity added Kilovolt-Amphere Value 0.00 0.00 54000.00 (KVA) Date 28-Feb-2014 01-Oct-2014 31-Dec-2019 Comments Meters installed Number Value 0.00 0.00 20000.00 Date 28-Feb-2014 01-Oct-2014 31-Dec-2019 Comments MISs incorporated and operational Text Value None None MISs in use as evidenced by 95% of: (i) customers metered Public Disclosure Copy and billed using CMS; (ii) commercial complaints attended using CMS; and (iii) complaints for outages using IRMS Date 28-Feb-2014 01-Oct-2014 31-Dec-2019 Comments Direct project beneficiaries Number Value 0.00 0.00 527000.00 Page 3 of 6 The World Bank Report No: ISR16452 Date 28-Feb-2014 01-Oct-2014 31-Dec-2019 Comments Too early to report results. Female beneficiaries Percentage Value 0.00 0.00 52.00 Public Disclosure Copy Sub Type Supplemental IFRS applied Text Value None None Financial Statements are in accordance with IFRS and audited by independent private auditor acceptable to the Bank Date 28-Feb-2014 01-Oct-2014 31-Dec-2019 Comments Severelectro is in the process of hiring an international consultant who will assist Severelectro management and staff to strengthen the financial management at the company through improving their internal policies and procedures, aiming to increase accountability, adopt and implement International Financial Reporting Standards’ (IFRS) reporting frameworks. Transparency and fairness in procurement Text Value None None Tenders through e- improved Government Procurement issued, and 100% of invitation for bid and contract award results (following competitive tenders) are published on SE’s website Public Disclosure Copy Date 28-Feb-2014 01-Oct-2014 31-Dec-2019 Comments Severelectro is in the process of hiring an institutional strengthening consultant who will assess the current organizational structure of procurement and financial management/ accounting departments, and propose the revision and optimization of Page 4 of 6 The World Bank Report No: ISR16452 the organizational structure in order to optimize the reporting lines and functionality of these departments to improve Public Disclosure Copy procurement performance & effectiveness and FM Functions within the Company. Data on Financial Performance (as of 22-Jul-2014) Financial Agreement(s) Key Dates Project Ln/Cr/Tf Status Approval Date Signing Date Effectiveness Date Original Closing Date Revised Closing Date P133446 IDA-55150 Not Effective 15-Jul-2014 31-Dec-2019 31-Dec-2019 P133446 IDA-H9720 Not Effective 15-Jul-2014 31-Dec-2019 31-Dec-2019 Disbursements (in Millions) Project Ln/Cr/Tf Status Currency Original Revised Cancelled Disbursed Undisbursed % Disbursed P133446 IDA-55150 Not Effective XDR 8.90 8.90 0.00 0.00 8.90 0.00 P133446 IDA-H9720 Not Effective XDR 7.30 7.30 0.00 0.00 7.30 0.00 Disbursement Graph Public Disclosure Copy Page 5 of 6 The World Bank Report No: ISR16452 Key Decisions Regarding Implementation The Ministry of Energy and Industry and Severelectro will undertake the following next steps to ensure that the project becomes effective and proceeds to active implementation stage: (i) ensure completion of the internal reviews of the Financing Agreement by the Government for signing; (ii) initiate the ratification of the project; (iii) fulfill the effectiveness conditions of the project, including approval of the project Operational Manual by the Project Steering Committee and signing of Subsidiary Agreement with the Ministry of Finance; Public Disclosure Copy and (iv) prepare supply and installation type bidding documents for substations, meters and Management Information Systems. Restructuring History There has been no restructuring to date. Related Projects There are no related projects. Public Disclosure Copy Page 6 of 6