The World Bank Implementation Status & Results Report Dominica Geothermal Risk Mitigation Project (P162149) Dominica Geothermal Risk Mitigation Project (P162149) LATIN AMERICA AND CARIBBEAN | Dominica | Energy & Extractives Global Practice | IBRD/IDA | Investment Project Financing | FY 2019 | Seq No: 1 | ARCHIVED on 04-Jun-2019 | ISR37266 | Implementing Agencies: The Government of the Commonwealth of Dominica, Dominica Geothermal Development Company Key Dates Key Project Dates Bank Approval Date: 18-Mar-2019 Effectiveness Date: -- Planned Mid Term Review Date: -- Actual Mid-Term Review Date: -- Original Closing Date: 28-Feb-2026 Revised Closing Date: 28-Feb-2026 pdoTable Project Development Objectives Project Development Objective (from Project Appraisal Document) The objective of the proposed Project is to help: a) diversify the domestic power generation mix in Dominica by integrating clean, renewable geothermal energy; and b) demonstrate the potential of larger development of the geothermal resource. Has the Project Development Objective been changed since Board Approval of the Project Objective? No Components Table Name DEVELOPMENT OF DOMESTIC GEOTHERMAL POWER GENERATION CAPACITY (SGPP):(Cost $41.50 M) CONTINGENT FINANCING IN AID OF ADDITIONAL DRILLING:(Cost $9.00 M) TECHNICAL ASSITANCE FOR ADVANCING LGPP TO DEVELOPMENT STATUS AND SOLICITING PRIVATE SECTOR INVESTMENT:(Cost $0.95 M) Overall Ratings Name Previous Rating Current Rating Progress towards achievement of PDO -- Satisfactory Overall Implementation Progress (IP) -- Satisfactory Overall Risk Rating -- Substantial Implementation Status and Key Decisions The Project in the amount of US$17.2 million IDA credit and 9.953 million CTF grant was approved by the Bank on March 18, 2019 with the objective to help: a) diversify the domestic power generation mix in Dominica by integrating clean, renewable geothermal energy; and b) demonstrate the potential of larger development of the geothermal resource. The Legal Agreements were signed on May 3, 2019 and effectiveness is awaiting the: (i) Submission to the Bank of a finalized Project Operations Manual (POM); (ii) Execution of the Subsidiary Agreement between the Government and DGDC to transfer funds lent/grated by the Bank and other sources ; (iii) Execution of the Power Purchase Agreement (PPA) between the Dominica Geothermal Development Company (DGDC) - the implementing agency - and the national power utility (DOMLEC), for the 6/4/2019 Page 1 of 6 The World Bank Implementation Status & Results Report Dominica Geothermal Risk Mitigation Project (P162149) sale of geothermal electricity produced by the Small Geothermal Power Plant (SGPP) to be constructed under the project; and, (iv) Cabinet approval of the Concession Agreement between the Government and DGDC for the use of the geothermal resource. While the project is yet to reach effectiveness, procurement activities are well advanced. The Bank has completed the review of bidding documents for the procurement of the EPC contract to be used for construction of SGPP, and recommended some selected revisions. DGDC is expected to resubmit the RfP by end of May, 2019 to the Bank for no-objection. Substantial progress has been achieved on the conditions precedent to the effectiveness and the team will continue to work closely with the Counterparts to meet the conditions and effectiveness deadline. Risks Systematic Operations Risk-rating Tool Risk Category Rating at Approval Previous Rating Current Rating Political and Governance Moderate -- Moderate Macroeconomic Substantial -- Substantial Sector Strategies and Policies Moderate -- Moderate Technical Design of Project or Program Substantial -- Substantial Institutional Capacity for Implementation and Sustainability Substantial -- Substantial Fiduciary Substantial -- Substantial Environment and Social Substantial -- Substantial Stakeholders Substantial -- Substantial Other Substantial -- Substantial Overall Substantial -- Substantial Results PDO Indicators by Objectives / Outcomes Generation capacity of geothermal energy constructed under the Project (MW) IN00707213 ►Generation Capacity of Geothermal Energy Constructed Under the Project (Megawatt, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 -- 0.00 7.00 Date 01-Jan-2019 -- 20-May-2019 29-Dec-2028 Increased share of renewable energy capacity in the domestic generation mix (percentage) IN00707214 ►Share of Renewable Energy Capacity in the Domestic Generation Mix (Percentage, Custom) 6/4/2019 Page 2 of 6 The World Bank Implementation Status & Results Report Dominica Geothermal Risk Mitigation Project (P162149) Baseline Actual (Previous) Actual (Current) End Target Value 24.70 -- 24.70 51.00 Date 01-Jan-2019 -- 20-May-2019 29-Dec-2028 Preliminary feasibility of larger development of the geothermal field ascertained IN00707215 ►Preliminary Feasibility of Larger Development of the Geothermal Field (Yes/No, Custom) Baseline Actual (Previous) Actual (Current) End Target Value No -- No Yes Date 01-Jan-2019 -- 20-May-2019 29-Dec-2028 Estimated GHG emissions reduction compared to a business-as-usual baseline (tCO2) IN00707311 ►Estimated GHG Emissions Reduction Compared to A Buisness-As-Usual Baseline (Tones/year, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 -- 0.00 38,223.00 Date 01-Jan-2019 -- 20-May-2019 29-Dec-2028 Increased income generating opportunities for women IN00707312 ►Share of women employed in tourism activities facilitated by the project and/or by the Governement in proximity of the power plant (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 -- 0.00 60.00 Date 01-Jan-2019 -- 20-May-2019 20-Dec-2028 Women employment in activities planned to be financed by the Community Development Fund to be Comments: established under the Project. Intermediate Results Indicators by Components Small Geothermal Power Plant (SGPP) IN00707313 ►Small Geothermal Power Plant (SGPP) Constructed (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 -- 0.00 1.00 Date 01-Jan-2019 -- 20-May-2019 29-Dec-2028 6/4/2019 Page 3 of 6 The World Bank Implementation Status & Results Report Dominica Geothermal Risk Mitigation Project (P162149) Steam Above Ground System (SAGS) IN00707314 ►Steam Above Ground System (SAGS) Constructed (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 -- 0.00 100.00 Date 01-Jan-2019 -- 20-May-2019 29-Dec-2028 Insurance for Contingent Drilling IN00707315 ►Insurance for Contingent Drilling Established (Yes/No, Custom) Baseline Actual (Previous) Actual (Current) End Target Value No -- No Yes Date 01-Jan-2019 -- 20-May-2019 29-Dec-2028 (Pre) feasibility Study for the Large Geothermal Power Plant (LGPP) IN00707316 ►(Pre) feasibility Study for the Large Geothermal Power Plant (LGPP) Completed (Yes/No, Custom) Baseline Actual (Previous) Actual (Current) End Target Value No -- No Yes Date 01-Jan-2019 -- 20-May-2019 29-Dec-2028 Outreach to Market to Solicit Private Sector Interest to Invest in DGDC IN00707317 ►Outreach to Market to Solicit Private Sector Interest to Invest in DGDC Completed (Yes/No, Custom) Baseline Actual (Previous) Actual (Current) End Target Value No -- No Yes Date 01-Jan-2019 -- 20-May-2019 29-Dec-2028 Gender and Geothermal Energy Workshop IN00707318 ►Gender and Geothermal Energy Workshop Conducted (Yes/No, Custom) Baseline Actual (Previous) Actual (Current) End Target Value No -- Yes Yes Date 01-Jan-2019 -- 30-Apr-2019 20-Dec-2028 6/4/2019 Page 4 of 6 The World Bank Implementation Status & Results Report Dominica Geothermal Risk Mitigation Project (P162149) Data on Financial Performance Disbursements (by loan) Project Loan/Credit/TF Status Currency Original Revised Cancelled Disbursed Undisbursed % Disbursed Not P162149 IDA-63760 USD 17.20 17.20 0.00 0.00 16.97 0% Effective Key Dates (by loan) Project Loan/Credit/TF Status Approval Date Signing Date Effectiveness Date Orig. Closing Date Rev. Closing Date Not P162149 IDA-63760 18-Mar-2019 -- -- 28-Feb-2026 28-Feb-2026 Effective Cumulative Disbursements Restructuring History There has been no restructuring to date. Related Project(s) 6/4/2019 Page 5 of 6 The World Bank Implementation Status & Results Report Dominica Geothermal Risk Mitigation Project (P162149) There are no related projects. 6/4/2019 Page 6 of 6