The World Bank Implementation Status & Results Report Tunisia-Italy Power Interconnector - Project Preparation TA (P164625) Tunisia-Italy Power Interconnector - Project Preparation TA (P164625) MIDDLE EAST AND NORTH AFRICA | Tunisia | Energy & Extractives Global Practice | Recipient Executed Activities | Investment Project Financing | FY 2019 | Seq No: 1 | ARCHIVED on 13-Feb-2019 | ISR35839 | Implementing Agencies: Republic of Tunisia, STEG, Elmed Etudes Key Dates Key Project Dates Bank Approval Date: 31-Jul-2018 Effectiveness Date: 10-Jan-2019 Planned Mid Term Review Date: 30-Mar-2020 Actual Mid-Term Review Date: -- Original Closing Date: 31-Dec-2021 Revised Closing Date: 31-Dec-2021 pdoTable Project Development Objectives Project Development Objective (from Project Appraisal Document) The PDO is to establish the technical, environmental, social and financial feasibility, and to help structure the proposed Tunisia-Italy Power Interconnection (“Proposed Project”). Has the Project Development Objective been changed since Board Approval of the Project Objective? No Components Table Name Preparation Studies:(Cost $10.64 M) Transaction Advisory:(Cost $1.91 M) Project Management Services:(Cost $0.86 M) Overall Ratings Name Previous Rating Current Rating Progress towards achievement of PDO -- Satisfactory Overall Implementation Progress (IP) -- Moderately Satisfactory Overall Risk Rating -- High Implementation Status and Key Decisions The project is financed by two grants: ESMAP ($5.5 million) and GIF ($7 million). -The ESMAP grant is effective since January 10, 2019, and this allows the project to formally enter into its procurement phase. -The GIF grant is yet to receive parliamentary ratification before becoming effective. Ratification is expected to occur in February. The priority is to launch the procurement of the Component 1 studies. These studies are managed by the PIU for Component 1 and 3: Elmed Etudes (a JV between STEG and TERNA). Elmed Etudes notified the Bank that they plan to do so once they finalize the preparation of a detailed organization of their PIU to be discussed and agreed by STEG and TERNA by February 9. 2/13/2019 Page 1 of 6 The World Bank Implementation Status & Results Report Tunisia-Italy Power Interconnector - Project Preparation TA (P164625) Next immediate steps are:  STEG and TERNA to agree on a detailed organization of their PIU (Elmed Etudes)  Client to finalize the Operations Manual (a draft is ready) by February 9;  Elmed Etudes to proceed with the procurement of the Component 1 studies for which draft TORs are ready. Since signing of the grant agreements in September, the Bank team has had regular VCs/ calls with the client to discuss the project. The Bank procurement team has also held a one-week session with the client on the STEP procurement system. Risks Systematic Operations Risk-rating Tool Risk Category Rating at Approval Previous Rating Current Rating Political and Governance Substantial -- Substantial Macroeconomic Substantial -- Substantial Sector Strategies and Policies Moderate -- Moderate Technical Design of Project or Program Moderate -- Moderate Institutional Capacity for Implementation and Sustainability Substantial -- Substantial Fiduciary High -- High Environment and Social Substantial -- Substantial Stakeholders Substantial -- Substantial Other -- -- -- Overall High -- High Results PDO Indicators by Objectives / Outcomes Refer to the full PDO description in the datasheet IN00664132 ►Completion progress of the Terrestrial feasibility study found to be of satisfactory quality by the World Bank (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 -- 0.00 100.00 Date 15-Mar-2018 -- 17-Jan-2019 31-Dec-2021 IN00664133 ►Completion progress of the Marine feasibility study found to be of satisfactory quality by the World Bank (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target 2/13/2019 Page 2 of 6 The World Bank Implementation Status & Results Report Tunisia-Italy Power Interconnector - Project Preparation TA (P164625) Value 0.00 -- 0.00 100.00 Date 15-Mar-2018 -- 17-Jan-2019 31-Dec-2021 IN00664134 ►Completion progress of the Environmental and social impact study found to be of satisfactory quality by the World Bank (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 -- 0.00 100.00 Date 15-Mar-2018 -- 17-Jan-2019 31-Dec-2021 IN00664135 ►Completion progress of the Transaction advisory activity found to be of satisfactory quality by the World Bank (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 -- 0.00 100.00 Date 15-Mar-2018 -- 17-Jan-2019 31-Dec-2021 IN00664206 ►Completion progress of the Financial model found to be of satisfactory quality by the World Bank (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 -- 0.00 100.00 Date 15-Mar-2018 -- 17-Jan-2019 31-Dec-2021 Intermediate Results Indicators by Components Component 1,2,3 IN00664207 ►Tendering process for terrestrial feasibility study initiated (Text, Custom) Baseline Actual (Previous) Actual (Current) End Target TORs prepared (by Initiated (by Value -- TOR prepared March 15, 2018) September 30, 2018) Date 15-Mar-2018 -- 17-Jan-2019 30-Sep-2018 IN00664208 ►Tendering process for marine feasibility study initiated. (Text, Custom) Baseline Actual (Previous) Actual (Current) End Target TOR prepared (by March Initiated (by Value -- TOR prepared 15, 2018) September 30, 2018) Date 15-Mar-2018 -- 17-Jan-2019 30-Sep-2018 IN00664209 ►Tendering process for environmental and social impact study initiated. (Text, Custom) Baseline Actual (Previous) Actual (Current) End Target 2/13/2019 Page 3 of 6 The World Bank Implementation Status & Results Report Tunisia-Italy Power Interconnector - Project Preparation TA (P164625) TOR prepared (by March Initiated (by Value -- TOR prepared 15, 2018) September 30, 2018) Date 15-Mar-2018 -- 17-Jan-2019 30-Sep-2018 IN00664210 ►Tendering process for transaction advisory activity initiated. (Text, Custom) Baseline Actual (Previous) Actual (Current) End Target TOR prepared (by March Initiated (by December Value -- TOR prepared 15, 2018) 31, 2018) Date 15-Mar-2018 -- 17-Jan-2019 31-Dec-2018 IN00664211 ►Tendering process for financial model initiated. (Text, Custom) Baseline Actual (Previous) Actual (Current) End Target TOR prepared (by March Initiated (by Value -- TOR prepared 15, 2018) September 30, 2018) Date 15-Mar-2018 -- 17-Jan-2019 30-Sep-2018 IN00664212 ►Grievance redress (Text, Custom) Baseline Actual (Previous) Actual (Current) End Target Grievance redress mechanisms included in the safeguards studies and in the project manual. Consultations and No grievance redress ESIA & RAP study has Value -- grievance redress mechanism not started mechanisms are gender inclusive, and incorporated into the safeguards instruments and into the project manual. Date 15-Mar-2018 -- 17-Jan-2019 30-Jun-2020 Overall Comments IR The ESMAP grant is effective since only very recently (January 10, 2019), and this allows the project to formally enter into its procurement phase. The priority is to launch the procurement of the Component 1 studies. These studies are managed by the PIU for Component 1 and 3: Elmed Etudes (a JV between STEG and TERNA). Elmed Etudes notified the Bank that they plan to do so once they finalize the preparation of a detailed organization of their PIU to be discussed and agreed by STEG and TERNA by February 9. 2/13/2019 Page 4 of 6 The World Bank Implementation Status & Results Report Tunisia-Italy Power Interconnector - Project Preparation TA (P164625) Data on Financial Performance Disbursements (by loan) Project Loan/Credit/TF Status Currency Original Revised Cancelled Disbursed Undisbursed % Disbursed P164625 TF-A6789 Effective USD 5.50 5.50 0.00 0.00 5.50 0%% Not P164625 TF-A8280 USD 7.00 7.00 0.00 0.00 7.00 0%% Effective Key Dates (by loan) Project Loan/Credit/TF Status Approval Date Signing Date Effectiveness Date Orig. Closing Date Rev. Closing Date P164625 TF-A6789 Effective 31-Jul-2018 13-Sep-2018 10-Jan-2019 31-Dec-2021 31-Dec-2021 Not P164625 TF-A8280 01-Jul-2018 -- -- 31-Dec-2021 31-Dec-2021 Effective Cumulative Disbursements 2/13/2019 Page 5 of 6 The World Bank Implementation Status & Results Report Tunisia-Italy Power Interconnector - Project Preparation TA (P164625) Restructuring History There has been no restructuring to date. Related Project(s) There are no related projects. 2/13/2019 Page 6 of 6