Public Disclosure Copy The World Bank Implementation Status & Results Report Eskom Investment Support Project (P116410) Eskom Investment Support Project (P116410) AFRICA | South Africa | Energy & Extractives Global Practice | IBRD/IDA | Investment Project Financing | FY 2010 | Seq No: 14 | ARCHIVED on 30-Mar-2018 | ISR31749 | Implementing Agencies: ESKOM Holdings SOC Limited, Ms. Makgola Makololo, Department of Public Enterprises, ESKOM Key Dates Key Project Dates Bank Approval Date:08-Apr-2010 Effectiveness Date:31-May-2010 Planned Mid Term Review Date:16-Jun-2014 Actual Mid-Term Review Date:30-Jun-2014 Original Closing Date:31-Oct-2015 Revised Closing Date:31-Dec-2019 Project Development Objectives Project Development Objective (from Project Appraisal Document) The project development objective (PDO) of the Eskom Investment Support Project for South Africa is to enhance its power supply andenergy security in an efficient and sustainable manner so as to support both economic growth objectives and South Africa's longterm carbon mitigation strategy. Has the Project Development Objective been changed since Board Approval of the Project Objective? No PHRPDODEL Components Name Medupi Power Plant:(Cost $2380.85 M) Renewable energy (Sere Wind Farm and Concentrating Solar Power Plants):(Cost $267.83 M) Support for low carbon energy efficiency comps., comprising the Majuba Railway for coal transportation & TA prog. for energy efficie ncy:(Cost $415.77 M) Overall Ratings Name Previous Rating Current Rating Progress towards achievement of PDO  Moderately Unsatisfactory  Moderately Unsatisfactory Overall Implementation Progress (IP)  Unsatisfactory  Unsatisfactory Overall Risk Rating  High  High 3/30/2018 Page 1 of 14 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Eskom Investment Support Project (P116410) Implementation Status and Key Decisions The project has achieved commendable progress. The overall completion of the Medupi power plant is now 89% and all units are now closed in. Units 6, 5, and 4 are now in commercial operation. Unit 3 successfully completed the blow through during February, 2018 and could be synchronized onto the network before the end of March, ahead of schedule. Units 3 is projected for commercial operation in late 2018, Unit 2 in 2019 and the last unit in late 2019 or early 2020. Latent defect on the boilers for the three units are being addressed to avoid the recurring on the remaining three units. The Sere Wind Farm continues to perform well, registering a plant factor above that envisaged at appraisal. The associated Clean Technology Fund- supported Eskom Renewables Support renewables was extended to March 31, 2018 to allow Eskom time to evaluate options to replace Kiwano CSP and consult with all stakeholders on an acceptable way forward. Eskom has now decided to replace Kiwano CSP with Battery Storage for variable renewable energy supply. The construction of the Majuba railway is close to 80 percent complete and progressing well. The construction of transmission lines is approximately 76 percent complete. There have been delays on some of the lines but measures have been planned to avoid the delays impacting commercial operation of the remaining three units. 3/30/2018 Page 2 of 14 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Eskom Investment Support Project (P116410) 3/30/2018 Page 3 of 14 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Eskom Investment Support Project (P116410) 3/30/2018 Page 4 of 14 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Eskom Investment Support Project (P116410) 3/30/2018 Page 5 of 14 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Eskom Investment Support Project (P116410) 3/30/2018 Page 6 of 14 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Eskom Investment Support Project (P116410) Risks Systematic Operations Risk-rating Tool 3/30/2018 Page 7 of 14 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Eskom Investment Support Project (P116410) Risk Category Rating at Approval Previous Rating Current Rating Political and Governance  --  Moderate  Substantial Macroeconomic  --  Substantial  Substantial Sector Strategies and Policies  --  Substantial  Substantial Technical Design of Project or Program  --  High  High Institutional Capacity for Implementation and Sustainability  --  High  High Fiduciary  --  Moderate  Moderate Environment and Social  --  Substantial  Substantial Stakeholders  --  High  High Other  --  --  -- Overall  --  High  High Results Project Development Objective Indicators PHINDPDOTBL  Generation capacity installed and commissioned (Medupi) (Megawatt, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 800.00 2,400.00 4,800.00 Date 31-Mar-2009 01-Feb-2017 01-Feb-2018 31-Dec-2019 PHINDPDOTBL  Generation capacity installed and commissioned from renewable energy (Sere Wind Farm) (Megawatt, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 100.00 100.00 100.00 Date 31-Mar-2009 01-Feb-2017 01-Feb-2017 31-Dec-2019 PHINDPDOTBL  Generation capacity installed and commissioned from renewable energy (CSP) (Megawatt, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 100.00 3/30/2018 Page 8 of 14 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Eskom Investment Support Project (P116410) Date 31-Mar-2009 31-May-2015 01-Feb-2018 31-Dec-2019 PHINDPDOTBL  Direct CO2 emissions avoided under the project (Metric ton, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 271,000.00 271,000.00 199,000.00 Date 31-Mar-2009 01-Feb-2017 01-Feb-2017 31-Dec-2019 Overall Comments Intermediate Results Indicators PHINDIRITBL  Direct project beneficiaries (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 -- -- 4,584,283.00 Date 31-Mar-2009 01-Feb-2017 01-Feb-2018 31-Dec-2019 PHINDIRITBL  Female beneficiaries (Percentage, Custom Supplement) Baseline Actual (Previous) Actual (Current) End Target Value 50.00 50.00 50.00 50.00 3/30/2018 Page 9 of 14 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Eskom Investment Support Project (P116410) PHINDIRITBL  Quarterly Medupi Environmental Monitoring Committee meetings held and minutes distributed. (Yes/No, Custom) Baseline Actual (Previous) Actual (Current) End Target Value N Y Y Y Date 31-Mar-2009 31-May-2015 01-Feb-2018 31-Dec-2019 PHINDIRITBL  Medupi construction progress rate towards completion (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 66.00 89.00 100.00 Date 31-Mar-2009 01-Feb-2017 01-Feb-2018 31-Dec-2019 PHINDIRITBL  Number of units synchronized (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 1.00 3.00 6.00 Date 31-Mar-2009 31-May-2015 01-Feb-2018 31-Dec-2019 PHINDIRITBL  Number of units handed over to commercial operations (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 2.00 3.00 6.00 Date 31-Mar-2009 01-Feb-2017 01-Feb-2018 31-Dec-2019 3/30/2018 Page 10 of 14 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Eskom Investment Support Project (P116410) PHINDIRITBL  Transmission lines completed (Kilometers, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 445.00 445.00 1,034.00 Date 31-Mar-2009 01-Feb-2017 01-Feb-2018 31-Dec-2019 PHINDIRITBL  Transmission lines progress rate towards completion (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 30.00 76.30 100.00 Date 31-Mar-2009 31-May-2015 01-Feb-2018 31-Dec-2019 PHINDIRITBL  Number of wind turbines erected (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 46.00 46.00 46.00 Date 31-Mar-2009 01-Feb-2017 01-Feb-2018 31-Dec-2019 PHINDIRITBL  Progress rate towards completion (Sere Wind Farm) (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 100.00 100.00 100.00 Date 31-Mar-2009 01-Feb-2017 01-Feb-2018 31-Dec-2019 3/30/2018 Page 11 of 14 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Eskom Investment Support Project (P116410) PHINDIRITBL  Placement of EPC contract (CSP) (Yes/No, Custom) Baseline Actual (Previous) Actual (Current) End Target Value N N N Y Date 31-Mar-2009 31-May-2015 01-Feb-2018 31-Dec-2019 PHINDIRITBL  Provisional acceptance (CSP) (Yes/No, Custom) Baseline Actual (Previous) Actual (Current) End Target Value N N N Y Date 31-Mar-2009 01-Feb-2017 01-Feb-2018 31-Dec-2019 PHINDIRITBL  Majuba coal transportation cost (Text, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 93.00 110.00 110.00 20.00 Date 31-Mar-2009 01-Feb-2017 01-Feb-2018 31-Oct-2015 PHINDIRITBL  Progress rate towards completion for Majuba rail project (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 45.00 80.00 100.00 Date 31-Mar-2009 30-Sep-2015 01-Feb-2018 31-Dec-2019 3/30/2018 Page 12 of 14 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Eskom Investment Support Project (P116410) PHINDIRITBL  Number of studies for power plant efficiency improvements completed (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 7.00 7.00 7.00 Date 31-Mar-2009 01-Feb-2017 01-Feb-2018 31-Dec-2019 PHINDIRITBL  Project generation capacity savings (Megawatt, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 2,303.00 2,303.00 3,171.00 Date 31-Mar-2009 01-Feb-2017 01-Feb-2017 31-Dec-2019 Overall Comments Number of direct project beneficiaries, transmission line length completed and generation capacity savings will be updated in April 2018. Data on Financial Performance Disbursements (by loan) Project Loan/Credit/TF Status Currency Original Revised Cancelled Disbursed Undisbursed Disbursed P116410 IBRD-78620 Effective USD 3,750.00 3,750.00 0.00 2,989.88 760.12 80% Key Dates (by loan) Project Loan/Credit/TF Status Approval Date Signing Date Effectiveness Date Orig. Closing Date Rev. Closing Date P116410 IBRD-78620 Effective 08-Apr-2010 16-Apr-2010 31-May-2010 31-Oct-2015 31-Dec-2019 Cumulative Disbursements 3/30/2018 Page 13 of 14 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Eskom Investment Support Project (P116410) Restructuring History Level 2 Approved on 11-Dec-2014 ,Level 2 Approved on 07-Jul-2015 Related Project(s) There are no related projects. 3/30/2018 Page 14 of 14 Public Disclosure Copy