The World Bank Report No: ISR11063 Implementation Status & Results Peru PE Rural Electrification (P090116) Public Disclosure Copy Operation Name: PE Rural Electrification (P090116) Project Stage: Implementation Seq.No: 14 Status: ARCHIVED Archive Date: 07-Jul-2013 Country: Peru Approval FY: 2006 Product Line: IBRD/IDA Region: LATIN AMERICA AND CARIBBEAN Lending Instrument: Specific Investment Loan Implementing Agency(ies): Key Dates Board Approval Date 07-Mar-2006 Original Closing Date 31-Dec-2011 Planned Mid Term Review Date 31-Jan-2009 Last Archived ISR Date 28-Oct-2012 Effectiveness Date 10-Aug-2006 Revised Closing Date 30-Jun-2013 Actual Mid Term Review Date 11-May-2009 Project Development Objectives PE Rural Electrification (P090116) Project Development Objective (from Project Appraisal Document) The objective of the proposed Project is to increase access to efficient and sustainable electricity services in rural areas of Peru. Has the Project Development Objective been changed since Board Approval of the Program? Yes No PE Rural Electrification (P090110) Global Environmental Objective (from Project Appraisal Document) The Project's global environmental objective is to achieve reduction of greenhouse gas emissions through use of renewable energy in rural areas for provision of electricity. Has the Global Environmental Objective been changed since Board Approval of the Program? Yes No Component(s) Public Disclosure Copy Component Name Component Cost Rural Electrification Sub-projects 44.37 TA for Rural Electrification 3.25 Pilot Program to Increase Productive Uses of Electricity 3.50 Project Management 3.75 Overall Ratings Previous Rating Current Rating Page 1 of 4 The World Bank Report No: ISR11063 Previous Rating Current Rating Progress towards achievement of PDO Unsatisfactory Moderately Satisfactory Progress towards achievement of GEO Moderately Satisfactory Moderately Unsatisfactory Public Disclosure Copy Overall Implementation Progress (IP) Unsatisfactory Moderately Satisfactory Overall Risk Rating Implementation Status Overview Project results include: (a) electricity distribution companies have completed a total of 60 rural electrification sub-projects in 15 regions, making 90,733 new household connections during construction and installing the total capacity to serve 105,000 new household connections (51 grid extension sub-projects with 83,600 new households served during construction and a total capacity for 97,900 connections; and 9 PV system sub-projects serving 7,100 households); (b) nine electricity distribution companies participated in the Project, co-financing grid-extension and PV systems sub-projects in 16 departments; and (c) completion of 14 consultancies to promote productive uses of electricity that assisted over 19,900 family production units to improve their processes using electrical equipment, increasing electricity consumption by 18.8 GWh/year and resulting in investment of US$14 million in electric equipment. Important progress has been made on the right-of-way payments that averaged 81% paid by May 24, 2013, and 84% paid by June 15, 2013. Locations Country First Administrative Division Location Planned Actual Peru Not Entered Departamento de Loreto Results Project Development Objective Indicators Indicator Name Core Unit of Measure Baseline Current End Target Number of new connections outside existing Text Value 0 90,733 actually installed 160,000 concession areas during construction, capacity for 105,000 installed Date 07-Feb-2006 15-Jun-2013 30-Jun-2013 Comments Note that until June 2012, the Bank team was reporting total capacity installed for new Public Disclosure Copy connections. In Oct 2012, the team reported actual connections during construction. This ISR reports both. To be discussed in ICR. Increase in MWh/year of electricity consumed Text Value 0 18,800 18,000 for productive uses in target areas (MWh/Year) Date 07-Feb-2006 15-Jun-2013 30-Jun-2013 Comments Global Environmental Objective Indicators Page 2 of 4 The World Bank Report No: ISR11063 Indicator Name Core Unit of Measure Baseline Current End Target Number of new connections served by Text Value 0 7,100 20,000 renewable energy Date 07-Feb-2006 15-Jun-2013 30-Jun-2013 Public Disclosure Copy Comments Intermediate Results Indicators Indicator Name Core Unit of Measure Baseline Current End Target Investments by service providers in rural Text Value 0 28.25 23 electrification outside concession (USD million) Date 07-Feb-2006 15-Jun-2013 30-Jun-2013 Comments Issuance of norms, regulations and guidelines Text Value None -- conventional 75% 100% and their adoption for all rural electrification renewable systems 100% projects Date 07-Feb-2006 15-Jun-2013 30-Jun-2013 - for conventional grids Comments The Project was key in - for renewable systems obtaining regulatory approval for: (a) national tariffs for regulated service using PV systems; (b) access to FOSE for regulated customers using PV systems: (c) Specific modifications to norms for rural grid extension. Increase in number of enterprises adopting Text Value 0 19,900 9,000 electricity using equipment Date 07-Feb-2006 15-Jun-2013 30-Jun-2013 Comments Number of proposals approved for financing Text Value 0 Total: 63 Total: 81 - Conventional grids Conventional: 54 Conventional: 67 - Renewable systems Renewable: 14 Date 07-Feb-2006 15-Jun-2013 30-Jun-2013 Public Disclosure Copy Comments Increase in investment in electricity using Text Value 0 14 1.81 equipment (US$ millions) Date 07-Feb-2006 15-Jun-2013 30-Jun-2013 Comments Investments by service providers in rural Text Value 0 28.25 23 electrification outside concession (USD million) Date 07-Feb-2006 15-Jun-2013 30-Jun-2013 Comments Data on Financial Performance (as of 27-Mar-2013) Page 3 of 4 The World Bank Report No: ISR11063 Financial Agreement(s) Key Dates Project Ln/Cr/Tf Status Approval Date Signing Date Effectiveness Date Original Closing Date Revised Closing Date P090116 IBRD-73660 Effective 07-Mar-2006 19-Jul-2006 10-Aug-2006 31-Dec-2011 30-Jun-2013 Public Disclosure Copy P090110 TF-56023 Effective 19-Jul-2006 19-Jul-2006 10-Aug-2006 31-Dec-2011 30-Jun-2013 Disbursements (in Millions) Project Ln/Cr/Tf Status Currency Original Revised Cancelled Disbursed Undisbursed % Disbursed P090116 IBRD-73660 Effective USD 50.00 49.39 0.61 49.39 0.00 100.00 P090110 TF-56023 Effective USD 50.00 5.00 5.00 4.13 0.87 83.00 Disbursement Graph Public Disclosure Copy Key Decisions Regarding Implementation None Restructuring History CD Decision on 26-Mar-2010, Level two Approved on 30-Sep-2010, Level two Approved on 24-Jan-2011, Level two Approved on 20-Mar-2012, Level two Approved on 26-Sep-2012 Related Projects P090110-PE Rural Electrification Page 4 of 4