The World Bank Implementation Status & Results Report Bangladesh Ghorashal Unit 4 Repowering Project (P128012) Bangladesh Ghorashal Unit 4 Repowering Project (P128012) SOUTH ASIA | Bangladesh | Energy & Extractives Global Practice | IBRD/IDA | Investment Project Financing | FY 2016 | Seq No: 7 | ARCHIVED on 20-May-2019 | ISR37122 | Implementing Agencies: Government of Bangladesh, Bangladesh Power Development Board Key Dates Key Project Dates Bank Approval Date: 21-Dec-2015 Effectiveness Date: 15-May-2016 Planned Mid Term Review Date: 15-Apr-2019 Actual Mid-Term Review Date: 07-Apr-2019 Original Closing Date: 31-Mar-2022 Revised Closing Date: 31-Mar-2022 pdoTable Project Development Objectives Project Development Objective (from Project Appraisal Document) The proposed development objective of the Project is to increase generation capacity and efficiency of the targeted power plant; Has the Project Development Objective been changed since Board Approval of the Project Objective? No Components Table Name Component 1: Re-powering of the Target Unit:(Cost $255.00 M) Component 2: Technical Assistance for Institutional Strengthening Support:(Cost $8.00 M) Overall Ratings Name Previous Rating Current Rating Progress towards achievement of PDO Satisfactory Satisfactory Overall Implementation Progress (IP) Satisfactory Satisfactory Overall Risk Rating Moderate Moderate Implementation Status and Key Decisions The implementation of the key component (Com 1: Repowering) of the project has continued to progress well. Key results of the project have been achieved. Simple Cycle operation of the project has been commissioned and COD (Commercial Operation Date) achieved on October 31, 2018. Gas Turbine (GT) of the project has been supplying about 240 MW of power to the grid since then. Although it came at several months delay (reasons outside the control of the project), this is an important milestone the project has achieved. All the major equipment related to the combined cycle operation have been installed. Dismantling of the existing boiler has also been completed. Overhauling of the existing Steam Turbine generator have started too. However, project’s combined cycle commissioning will be dependent on PGCB's (Power Grid Company of Bangladesh) installation of the 230kV GIS substation and transmission line. The progress of the PGCB works has been slow so far. 5/20/2019 Page 1 of 5 The World Bank Implementation Status & Results Report Bangladesh Ghorashal Unit 4 Repowering Project (P128012) The fiduciary arrangement is satisfactory. The safeguard compliance at site has improved. The Labor Influx Plan is in place and management of labor influx is satisfactory. There is also good progress on the operationalization of Strategic Business Unit (SBU) in Ghorashal. A grievance redress committee is conducting meetings on a regular interval. Two complain boxes have been set up - one at the Project office and the other at the construction site of the project. The committee has also arranged a Register Book in order to document the complains received, if any. Risks Systematic Operations Risk-rating Tool Risk Category Rating at Approval Previous Rating Current Rating Political and Governance High High High Macroeconomic Moderate Moderate Moderate Sector Strategies and Policies Moderate Moderate Moderate Technical Design of Project or Program Moderate Moderate Moderate Institutional Capacity for Implementation and Sustainability Substantial Moderate Moderate Fiduciary High Substantial Substantial Environment and Social Moderate Moderate Moderate Stakeholders Low Low Low Other -- -- -- Overall Substantial Moderate Moderate Results PDO Indicators by Objectives / Outcomes Repowering of the Target Unit IN00703705 ►Generation Capacity of Conventional Generation constructed under the project (Megawatt, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 170.00 260.00 240.00 409.00 Date 30-Jun-2015 15-Nov-2018 15-May-2019 31-Dec-2021 IN00703856 5/20/2019 Page 2 of 5 The World Bank Implementation Status & Results Report Bangladesh Ghorashal Unit 4 Repowering Project (P128012) ►Projected lifetime fuel savings (Mega Joules (MJ), Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 303,000,000,000.00 Date 30-Jun-2015 15-Nov-2018 15-May-2019 31-Oct-2019 IN00703857 ►Efficiency of the unit measured by gas consumption per GWh output (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 30.00 34.00 34.00 53.00 Date 30-Jun-2015 15-Nov-2018 15-May-2019 31-Dec-2021 Intermediate Results Indicators by Components Component 1: Re-powering of the Target Unit IN00703858 ►Commissioning of Gas Turbine completed (Text, Custom) Baseline Actual (Previous) Actual (Current) End Target Value Not Commissioned Commissioned Commissioned GT Commissioned Date 30-Jun-2015 31-Oct-2018 15-May-2019 30-Apr-2018 IN00703860 ►Overhauling of existing Steam Turbine Generator completed (Text, Custom) Baseline Actual (Previous) Actual (Current) End Target Overhauling in Value Not completed Not completed Completed progress Date 30-Dec-2015 15-Nov-2018 15-May-2019 30-Jun-2018 IN00703862 ►GHG Emissions (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 673.00 673.00 593.00 374.00 Date 30-Jun-2015 15-Nov-2018 15-May-2019 31-Dec-2021 Component 2: Technical Assistance for Institutional Strengthening Support IN00703859 ►Strategic Business Unit (SBU) fully functional (Text, Custom) Baseline Actual (Previous) Actual (Current) End Target Partially functional: Bank Value Still not fully functional Functional SBU Functional account opened; 5/20/2019 Page 3 of 5 The World Bank Implementation Status & Results Report Bangladesh Ghorashal Unit 4 Repowering Project (P128012) financial power delegated; KPIs signed Date 30-Jun-2015 15-Nov-2018 15-May-2019 30-Jun-2019 IN00703861 ►Environment and Social Management Unit operational at Ghorashal (Text, Custom) Baseline Actual (Previous) Actual (Current) End Target Value Not operational Operational Operational Operational Date 30-Jun-2015 15-Nov-2018 15-May-2019 31-Dec-2016 Data on Financial Performance Disbursements (by loan) Project Loan/Credit/TF Status Currency Original Revised Cancelled Disbursed Undisbursed % Disbursed P128012 IDA-57580 Effective USD 217.00 217.00 0.00 138.45 78.28 64% Key Dates (by loan) Project Loan/Credit/TF Status Approval Date Signing Date Effectiveness Date Orig. Closing Date Rev. Closing Date P128012 IDA-57580 Effective 21-Dec-2015 07-Apr-2016 15-May-2016 31-Mar-2022 31-Mar-2022 Cumulative Disbursements 5/20/2019 Page 4 of 5 The World Bank Implementation Status & Results Report Bangladesh Ghorashal Unit 4 Repowering Project (P128012) Restructuring History There has been no restructuring to date. Related Project(s) There are no related projects. 5/20/2019 Page 5 of 5