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Arab Republic of Egypt - Wind Power Development Project (Inglês)

The overall outcome of the Wind Power Development Project for Egypt was satisfactory, with satisfactory Bank performance and substantial monitoring and evaluation quality. The Project Development Objective (PDO) was revised during the first restructuring in 2014. The first restructuring included amending the project’s Results Framework and indicators to (i) revise the indicators based on progress and what could be realistically achieved within the extended time frame of the project; (ii) amend some indicators to ensure alignment and consistency with the revised scope of the project; (iii) introduce applicable core sector indicators; and (iv) remove indicators that were no longer relevant. The second (and last) restructuring in 2017 changed the PDO indicators again, largely to reflect changes in the closing date of the loans and a new energy assessment undertaken by the World Bank. Following the 2014 restructuring, more investments were added to the transmission line infrastructure component to increase the transmission system capacity. The Project provided the following lessons: 1. Preparation of a transformative ‘first-of-a-kind’ project, involving the private sector and the Government, requires substantial lead time to undertake the required due diligence to ascertain the project’s technical and financial robustness. 2. Borrower ownership is key to the project success, especially when there is clarity in the anticipated benefits. 3. A holistic approach and strong design can facilitate having an enabling environment to attain the desired demonstrative impact. 4. World Bank Investment Project Financings have positive impacts as they enhance governance in the procurement processes and maximize competition and certainty of funds, which bolster project savings/competitive prices. 5. Targeted use of project savings. 6. Targeted use of project savings.

Detalhes

  • Data do documento

    2020/05/30

  • TIpo de documento

    Conclusão da Implementação e Relatórios sobre Resultados

  • No. do relatório

    ICR4965

  • Nº do volume

    1

  • Total Volume(s)

    1

  • País

    Egito, República Árabe do

  • Região

    Oriente Médio e Norte da África,

  • Data de divulgação

    2020/06/05

  • Disclosure Status

    Disclosed

  • Nome do documento

    Arab Republic of Egypt - Wind Power Development Project

  • Palavras-chave

    wind power development; reduction in carbon dioxide emission; Public Private Infrastructure Advisory Facility; energy sector management assistance; electricity transmission company; Operational Core Curriculum; growth in electricity demand; Occupational health and safety; carbon dioxide emission reduction; electricity holding company; private sector job creation; cost of wind power; Natural Resource Management; wind power plant; wind power generation; theory of change; private sector financing; global economic crisis; Supply Chain Development; renewable energy integration; cost of finance; private sector entry; kreditanstalt fur wiederaufbau; sustainable energy strategy; grievance redress mechanism; transmission and distribution; independent power producer; competitive bidding process; fossil fuel reserve; law and regulation; access to land; renewable energy development; emission of carbon; quality of supervision; forms of energy; due diligence assessment; Development Policy Financing; new power plant; increase in expenditure; wind energy generation; power purchase agreement; installation of bird; cost of electricity; Renewable Energy Biomass; Renewable Energy Geothermal; Renewable Energy Solar; Renewable Energy Wind; public private partnership; public-private partnership; Access to Electricity; energy generation capacity; interim financial statements; wind energy development; technical assistance service; number of jobs; assessment of achievement; renewable energy authority; compensation for damage; number of beneficiaries; requests for clarification; resettlement action plan; poor residential areas; core sector indicator; construction and operation; quality at entry; private sector operator; wind power resource; alternative energy resource; transmission infrastructure; transmission line; national grid; business model; wind plant; wind capacity; wind generation; financial closure; commercial operation; transmission grid; transmission network; transmission capacity; social value; private investment; private capital; political transition; kv line; project costing; wind industry; ghg emissions; consultancy service; transmission facility; intermediate indicator; wind measurements; foreign currency; loan proceeds; paradigm shift; economic efficiency; result indicator; transmission investment; remedial action; core indicator; desert land; outcome indicator; power supply; social issue; private finance; competitive price; kv substation; base case; blended finance; institutional strengthening; energy subsidies; political turmoil; inclusive growth; electricity mix; extra time; private company; Environmental Assessment; disposable income; local stakeholder; private investor; removing barriers; transmission system; cleaner power; financial sustainability; generation facilities; fuel mix; extreme poverty; adequate transmission; procurement delay; infrastructure component; creating opportunity; biodiversity impact; crop damage; land take; desert area; migration season; mitigation measure; migratory route; environmental monitoring; adequate mitigation; progress reviews; economic study; Economic Studies; tariff approach; procurement aspects; strategic objective; energy security; government post; energy crisis; project effectiveness; independent assessment; competitive tariff; competitive procurement; audited account; environmental standard; corrective action; holistic approach; compensation rate; market rate; land acquisition; construction cost; gender benefit; energy cost; Capital Investments; process use; buying power; residential electricity; energy equivalent; total emissions; private developer; condition precedent; project agreements; GHG Reduction; business benefit; fiscal consolidation; Social Protection; foreign investor; several reasons; appraisal costs; poverty reducing; government fund; demonstration effect; increased supply; electricity consumer; enabling environment; lower price; Power Market; energy price; government strategy

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