The World Bank Implementation Status & Results Report Electric Power Project (P143988) Electric Power Project (P143988) EAST ASIA AND PACIFIC | Myanmar | Energy & Extractives Global Practice | IBRD/IDA | Investment Project Financing | FY 2014 | Seq No: 14 | ARCHIVED on 25-Mar-2020 | ISR40907 | Implementing Agencies: Ministry of Electricity and Energy, Republic of the Union of Myanmar, Electric Power Generation Enterprise Key Dates Key Project Dates Bank Approval Date: 24-Sep-2013 Effectiveness Date: 14-Jan-2014 Planned Mid Term Review Date: 30-Sep-2016 Actual Mid-Term Review Date: 17-Mar-2014 Original Closing Date: 30-Apr-2018 Revised Closing Date: 31-Mar-2020 pdoTable Project Development Objectives Project Development Objective (from Project Appraisal Document) Increase the capacity and efficiency of gas-fired power generation in Myanmar and strengthen the institutional capacity of relevant agencies. Has the Project Development Objective been changed since Board Approval of the Project Objective? No Components Table Name 1. Combined Cycle Gas Turbine (CCGT) Power Plant:(Cost $130.00 M) 2. Technical Assistance and Advisory Services:(Cost $10.00 M) Overall Ratings Name Previous Rating Current Rating Progress towards achievement of PDO Moderately Satisfactory Satisfactory Overall Implementation Progress (IP) Moderately Satisfactory Satisfactory Overall Risk Rating Moderate Moderate Implementation Status and Key Decisions The fully constructed combined cycle gas turbine power plant at Thaton successfully completed performance tests in December 2019 and is now consistently generating power up to around its contractual design of 119-120 MW. This output is four times that of the old plant it replaces, using the allocation of gas with a vastly improved rate of thermal efficiency, exceeding the project target value for efficiency as well as for increased capacity. 3/25/2020 Page 1 of 6 The World Bank Implementation Status & Results Report Electric Power Project (P143988) Risks Systematic Operations Risk-rating Tool Risk Category Rating at Approval Previous Rating Current Rating Political and Governance -- Low Low Macroeconomic -- Low Low Sector Strategies and Policies -- Moderate Low Technical Design of Project or Program -- Moderate Low Institutional Capacity for Implementation and -- Moderate Moderate Sustainability Fiduciary -- Moderate Moderate Environment and Social -- Substantial Moderate Stakeholders -- Moderate Low Other -- -- -- Overall -- Moderate Moderate Results PDO Indicators by Objectives / Outcomes Increase the capacity and efficiency of gas-fired power generation in Myanmar IN00816087 ►Generation capacity of energy constructed or rehabilitated (Megawatt, Corporate) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 130.00 120.00 106.00 Date 01-Nov-2013 24-Dec-2019 31-Dec-2019 31-Mar-2020 Source: Corrected CCGT net output as reported in Performance Test Report, January 2020. The value of 120 MW is consistent with the contractual design and current levels of gas supplied to the plant. The Myanmar government is planning to make available a greater quantity of gas in future, at which point Comments: the plant machines would be able to generate some more megawatts of power, as demonstrated in the maximum generation capacity of each of the two gas turbines individually during tests and operation to date, which was the basis for previously reported value of 130 MW. IN00816090 Thermal (conventional) power generation capacity constructed under the project (Megawatt, Corporate Breakdown) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 130.00 120.00 106.00 Date 01-Nov-2013 24-Dec-2019 06-Mar-2020 31-Mar-2020 IN00816096 3/25/2020 Page 2 of 6 The World Bank Implementation Status & Results Report Electric Power Project (P143988) ►Projected energy or fuel savings (Mega Joules (MJ), Corporate) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 2,000.00 3,900.00 3,900.00 Date 01-Nov-2013 31-Dec-2019 06-Mar-2020 31-Mar-2020 This indicator is included for corporate reporting purposes. The target value was determined at restructuring in 2017 based on expected commissioning in 2019, rounded to the nearest hundred. The lifetime fuel savings is estimated based on a conservative baseline scenario in which the existing plant would operate until 2021 without major overhaul or upgrading, producing 147 GWh per year (5 percent less than historic daily output from Jan 2015 to December 2016, to account for continuing deterioration of Comments: old plant equipment). Other key assumptions are that the new plant has a gas-to-power energy conversion efficiency of 48%, compared to 17.8% for the old plant, using gas with a net calorific value of 857.7 British Thermal Units per standard cubic foot. The actual value, also rounded to the nearest hundred, accounts for operation of the plant during testing as well as the delay in commissioning. IN00816097 ►Increase in electricity generation (annual) (Gigawatt-hour (GWh), Custom) Baseline Actual (Previous) Actual (Current) End Target Value 260.00 946.00 894.00 770.00 Date 01-Nov-2013 30-Sep-2019 06-Mar-2020 31-Mar-2020 Power output is based on the installed capacity of 120 MW with a conservative 85% capacity factor. The plant has been operating consistently close to the base load based on system demand, since performance tests completion in December 2019, as is expected for the foreseeable future given the plant’s high efficiency compared to other thermal power plants in Myanmar, and high levels of unmet Comments: demand for power. In view of the additional gas supply will be available in future after the pipeline replacement ( see aide-memoire for more details) , we have assessed the annual energy generation at contractual value and 85 % availability factor of the plant, rather than running as near 100 % capacity as a base load, as considered in previous ISR. IN00816098 ►Increase of thermal efficiency of energy conversion (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 20.00 52.00 49.00 48.00 Date 01-Nov-2013 24-Dec-2019 06-Mar-2020 31-Mar-2020 Based on Performance Test Report, CEEC reported higher corrected values of 53%. Consultant to EPGE, Tractable Engineering has questioned a few assumptions, which are getting resolved. However, for this report, team has used the lower of these values. Previous ISR report a value of 52% based on Comments: calorific lower heating value of 857 British Thermal Units per cubic foot (BTU/cf) of gas. TE estimates the value (dry gas) based on Performance Test Report would be 881.1 BTU/cf. Strengthen the institutional capacity of relevant agencies IN00816088 ►National Electrification Plan (Text, Custom) Baseline Actual (Previous) Actual (Current) End Target 3/25/2020 Page 3 of 6 The World Bank Implementation Status & Results Report Electric Power Project (P143988) The Government been The Government been implementing the implementing the National Electrification National Electrification Plan, through the Plan, through the World World Bank-supported NEP under Value No plan Bank-supported National National Electrification implementation Electrification Project, Project, since the since the financing financing agreement agreement was signed in was signed in October October 2015. 2015. Date 01-Nov-2013 24-Dec-2019 06-Mar-2020 31-Oct-2017 This indicator end target value was achieved in 2015. Since then, the project involves no further activities Comments: to change the status of the result, which remains fully achieved. IN00816089 ►Participants of training and capacity building activities from relevant agencies (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 60.00 60.00 40.00 Date 01-Nov-2013 24-Dec-2019 06-Mar-2020 30-Apr-2019 The value reflects the estimated number of individuals who attended at least one training session and excluding on the job training sessions. In total, 16 training sessions across over 200 days from 2014 to 2018 have been provided on topics including procurement, safeguards, financial analysis, financial Comments: management, and plant operation. The end target date is given as 2018 as no further training sessions were intended in 2019 or 2020. Intermediate Results Indicators by Components 1. Combined Cycle Gas Turbine (CCGT) Power Plant IN00816099 ►Construction Progress (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 100.00 100.00 100.00 Date 01-Nov-2013 24-Dec-2019 06-Mar-2020 28-Sep-2018 The end target value of full construction was achieved in 2018, and is not affected by subsequent project Comments: activities. IN00816101 ►Actual cost vs cost estimates (overruns if >100%) (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 85.00 85.00 100.00 Date 01-Nov-2013 24-Dec-2019 06-Mar-2020 30-Apr-2019 This indicator concerns Component 1. The cost estimate at appraisal was $130 million. The cost at Comments: signing of the contract was $110.6 million. 3/25/2020 Page 4 of 6 The World Bank Implementation Status & Results Report Electric Power Project (P143988) IN00816103 ►Reduction of CO2 emissions per output generated (gCO2eq/kWh) (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 400.00 508.00 400.00 Date 01-Nov-2013 24-Dec-2019 06-Mar-2020 30-Apr-2019 2. Technical Assistance and Advisory Services IN00816100 ►Feedback mechanism in place for citizens affected by the Project, and the relevant agency reports on if/how feedback has been used. (Text, Custom) Baseline Actual (Previous) Actual (Current) End Target Mechanism in place. Mechanism in place. Latest consultation Latest consultation occurred in March 2019. occurred in March Mechanism in place Next consultation 2019. Next Value Nil and reports published planned for January consultation planned every six months. 2020. Report to be for March 2020. published in January Report to be published 2020. in March 2020. Date 01-Nov-2013 31-Dec-2019 06-Mar-2020 31-Mar-2020 IN00816102 ►Public consultations are sensitive to gender: Percentage of women participants is more than 50% on average. (Yes/No, Custom) Baseline Actual (Previous) Actual (Current) End Target Value No Yes Yes Yes Date 02-Nov-2013 24-Dec-2019 06-Mar-2020 30-Apr-2019 Latest consultations took place in March 2019. Comments: Data on Financial Performance Disbursements (by loan) Project Loan/Credit/TF Status Currency Original Revised Cancelled Disbursed Undisbursed % Disbursed P143988 IDA-53060 Effective USD 140.00 140.00 0.00 110.67 19.23 85% Key Dates (by loan) Project Loan/Credit/TF Status Approval Date Signing Date Effectiveness Date Orig. Closing Date Rev. Closing Date 3/25/2020 Page 5 of 6 The World Bank Implementation Status & Results Report Electric Power Project (P143988) P143988 IDA-53060 Effective 24-Sep-2013 12-Oct-2013 14-Jan-2014 30-Apr-2018 31-Mar-2020 Cumulative Disbursements Restructuring History Level 2 Approved on 16-Dec-2016 ,Level 2 Approved on 22-Dec-2017 ,Level 2 Approved on 23-Apr-2019 ,Level 2 Approved on 24-Oct-2019 ,Level 2 Approved on 12-Mar-2020 Related Project(s) There are no related projects. 3/25/2020 Page 6 of 6