The World Bank Report No: ISR15942 Implementation Status & Results Micronesia, Federated States of Energy Sector Development (P148560) Public Disclosure Copy Operation Name: Energy Sector Development (P148560) Project Stage: Implementation Seq.No: 1 Status: ARCHIVED Archive Date: 09-Oct-2014 Country: Micronesia, Federated States of Approval FY: 2014 Product Line: IBRD/IDA Region: EAST ASIA AND PACIFIC Lending Instrument: Investment Project Financing Implementing Agency(ies): Department of Resources and Development Key Dates Board Approval Date 29-May-2014 Original Closing Date 31-Jul-2018 Planned Mid Term Review Date 18-May-2016 Last Archived ISR Date Effectiveness Date Revised Closing Date 31-Jul-2018 Actual Mid Term Review Date Project Development Objectives Project Development Objective (from Project Appraisal Document) The PDO is to increase the available generation capacity and efficiency of electricity supply in the state power utilities, and to strengthen the planning and technical capacities of the National Government and the state power utilities in the energy sector. Has the Project Development Objective been changed since Board Approval of the Project? Yes No Component(s) Component Name Component Cost Increasing available generation capacity and efficiency of electricity supply in the state power utilities 9.27 National and state energy planning 3.40 Technical assistance and project management 1.50 Overall Ratings Previous Rating Current Rating Public Disclosure Copy Progress towards achievement of PDO Satisfactory Overall Implementation Progress (IP) Satisfactory Overall Risk Rating Substantial Implementation Status Overview The Financing Agreement is expected to be signed by the end of October 2014. Effectiveness will follow 120 days thereafter. The project implementation agency (the Division of Energy, Department of Resources and Development) has begun drafting procurement bid documents and undertaking other early implementation stage activities. It is still too early to report on progress as the project is yet to be declared effective. Locations Page 1 of 4 The World Bank Report No: ISR15942 Country First Administrative Division Location Planned Actual Micronesia Yap State of Yap ✔ Public Disclosure Copy Micronesia Pohnpei State of Pohnpei ✔ Micronesia Kosrae State of Kosrae ✔ Micronesia Chuuk State of Chuuk ✔ Results Project Development Objective Indicators Indicator Name Core Unit of Measure Baseline Current End Target Generation Capacity of Conventional Megawatt Value 0.00 0.00 4.70 Generation constructed under the project Date 14-Apr-2014 18-Sep-2014 31-Jul-2018 Comments Generation Capacity of Renewable Energy Megawatt Value 0.00 0.00 0.20 (other than hydropower) constructed Date 14-Apr-2014 18-Sep-2014 31-Jul-2018 Comments Generation Capacity of Renewable Energy Megawatt Value 0.00 0.00 0.20 constructed-Solar Sub Type Date 14-Apr-2014 18-Sep-2014 31-Jul-2018 Breakdown Comments Projected lifetime energy savings Megawatt hour Value 0.00 0.00 284.70 (MWh) Date 14-Apr-2014 18-Sep-2014 31-Jul-2018 Comments Projected lifetime fuel savings Mega Joules (MJ) Value 0.00 0.00 148000000.00 Date 14-Apr-2014 18-Sep-2014 31-Jul-2018 Public Disclosure Copy Comments Direct project beneficiaries Number Value 0.00 0.00 50000.00 Date 14-Apr-2014 18-Sep-2014 31-Jul-2018 Comments Female beneficiaries Percentage Value 0.00 0.00 50.00 Sub Type Supplemental Page 2 of 4 The World Bank Report No: ISR15942 Sustainability reform program agreed with each Percentage Value 0.00 0.00 100.00 state power utility - implementation progess Date 14-Apr-2014 18-Sep-2014 31-Jul-2018 Comments Public Disclosure Copy Intermediate Results Indicators Indicator Name Core Unit of Measure Baseline Current End Target Commissioning of conventional energy Percentage Value 0.00 0.00 100.00 generation equipment Date 14-Apr-2014 18-Sep-2014 31-Jul-2018 Comments Commissioning of solar generation equipment Percentage Value 0.00 0.00 100.00 Date 14-Apr-2014 18-Sep-2014 31-Jul-2018 Comments Commissioning of efficient streetlights Percentage Value 0.00 0.00 100.00 Date 14-Apr-2014 18-Sep-2014 31-Jul-2018 Comments Improved technical capacity in the state utilities Yes/No Value No No Yes for operations and maintenance Date 14-Apr-2014 18-Sep-2014 31-Jul-2018 Comments Energy sector master plans completed and Yes/No Value No No Yes accepted Date 14-Apr-2014 18-Sep-2014 31-Jul-2018 Comments Energy sector information system in place - Percentage Value 0.00 0.00 100.00 implementation progress Date 14-Apr-2014 18-Sep-2014 31-Jul-2018 Comments Improved planning capacity of the state power Yes/No Value No No Yes utilities and national government Date 14-Apr-2014 18-Sep-2014 31-Jul-2018 Public Disclosure Copy Comments Implementation specialists in place Yes/No Value No No Yes Date 14-Apr-2014 18-Sep-2014 31-Jul-2018 Comments Data on Financial Performance (as of 30-May-2014) Financial Agreement(s) Key Dates Page 3 of 4 The World Bank Report No: ISR15942 P148560 IDA-H9570 Not Effective 29-May-2014 31-Jul-2018 31-Jul-2018 Disbursements (in Millions) Public Disclosure Copy Currency Original Revised Cancelled Disbursed Undisbursed % Disbursed P148560 IDA-H9570 Not Effective XDR 9.40 9.40 0.00 0.00 9.40 0.00 Disbursement Graph Key Decisions Regarding Implementation The Financing Agreement for the IDA grant is expected to be signed by October 16, 2014. Public Disclosure Copy Restructuring History There has been no restructuring to date. Related Projects There are no related projects. Page 4 of 4