Public Disclosure Copy The World Bank Implementation Status & Results Report Enhancement and Strengthening of Power Transmission Network in Eastern Region (P159974) Enhancement and Strengthening of Power Transmission Network in Eastern Region (P159974) SOUTH ASIA | Bangladesh | Energy & Extractives Global Practice | IBRD/IDA | Investment Project Financing | FY 2018 | Seq No: 1 | ARCHIVED on 01-Jun-2018 | ISR32721 | Implementing Agencies: Power Grid Company of Bangladesh Limited (PGCB), People's Republic of Bangladesh Key Dates Key Project Dates Bank Approval Date:29-Mar-2018 Effectiveness Date:-- Planned Mid Term Review Date:15-Dec-2020 Actual Mid-Term Review Date:-- Original Closing Date:31-Dec-2022 Revised Closing Date:31-Dec-2022 Project Development Objectives Project Development Objective (from Project Appraisal Document) The proposed project aims to increase the transmission capacity and reliability of the electricity network in the eastern region and strengthen the institutional capacity of the Power Grid Company of Bangladesh Limited (PGCB). Has the Project Development Objective been changed since Board Approval of the Project Objective? No PHRPDODEL Components Name Enhancement and Strengthening of Power Network:(Cost $686.60 M) Institutional Development and Implementation Support:(Cost $31.46 M) Overall Ratings Name Previous Rating Current Rating Progress towards achievement of PDO  --  Satisfactory Overall Implementation Progress (IP)  --  Moderately Satisfactory Overall Risk Rating  --  Substantial Implementation Status and Key Decisions 6/1/2018 Page 1 of 7 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Enhancement and Strengthening of Power Transmission Network in Eastern Region (P159974) Although the project has been approved by ECNEC on February 27, 2018 and World Bank Board on March 29, 2018, the implementation of project activities couldn't yet start due to delay in appointing the Project Director. The Financing Agreement of the project between IDA and the Ministry of Finance has been signed on April 10, 2018. A Subsidiary Loan Agreement (SLA) between the Ministry of Finance and the implementing agency needs to be signed before the IDA credit could be declared effective. There has been delay in getting the SLA signed as well. Risks Systematic Operations Risk-rating Tool Risk Category Rating at Approval Previous Rating Current Rating Political and Governance  Substantial  --  Substantial Macroeconomic  Moderate  --  Moderate Sector Strategies and Policies  Moderate  --  Moderate Technical Design of Project or Program  Low  --  Low Institutional Capacity for Implementation and Sustainability  Moderate  --  Moderate Fiduciary  High  --  High Environment and Social  Moderate  --  Moderate Stakeholders  Moderate  --  Moderate Other  --  --  -- Overall  Substantial  --  Substantial Results Project Development Objective Indicators PHINDPDOTBL  Increase in transformation capacity in the project area (Kilovolt-Amphere(KVA), Custom) Baseline Actual (Previous) Actual (Current) End Target Value 2,775,000.00 -- 2,775,000.00 11,815,000.00 Date 30-Sep-2017 -- 20-May-2018 30-Jun-2022 PHINDPDOTBL  Average interruption frequency per year in the project area (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target 6/1/2018 Page 2 of 7 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Enhancement and Strengthening of Power Transmission Network in Eastern Region (P159974) Value 110.00 -- 110.00 40.00 Date 30-Sep-2017 -- 20-May-2018 30-Jun-2022 PHINDPDOTBL  People provided with new or improved electricity service (Number, Corporate) Baseline Actual (Previous) Actual (Current) End Target Value 30,258,000.00 -- 30,258,000.00 32,833,000.00 Date 30-Sep-2017 -- 20-May-2018 30-Jun-2022 PHINDPDOTBL  Improvement in maintenance and financial management practices (Yes/No, Custom) Baseline Actual (Previous) Actual (Current) End Target Value N -- N Y Date 25-Sep-2017 -- 20-May-2018 31-Dec-2019 Overall Comments Intermediate Results Indicators PHINDIRITBL  Transmission lines constructed under the project (Kilometers, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 -- 0.00 290.00 Date 30-Sep-2017 -- 20-May-2018 30-Jun-2022 6/1/2018 Page 3 of 7 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Enhancement and Strengthening of Power Transmission Network in Eastern Region (P159974) PHINDIRITBL  Transmission lines rehabilitated under the project (Kilometers, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 -- 0.00 157.00 Date 30-Sep-2017 -- 20-May-2018 30-Jun-2020 PHINDIRITBL  Substations constructed under the project (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 -- 0.00 13.00 Date 30-Sep-2017 -- 20-May-2018 30-Jun-2022 PHINDIRITBL  Substations rehabilitated under the project (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 -- 0.00 1.00 Date 30-Sep-2017 -- 20-May-2018 30-Jun-2020 PHINDIRITBL  Corporate maintenance strategy developed (Yes/No, Custom) Baseline Actual (Previous) Actual (Current) End Target Value N -- N Y Date 25-Sep-2017 -- 20-May-2018 30-Jun-2021 6/1/2018 Page 4 of 7 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Enhancement and Strengthening of Power Transmission Network in Eastern Region (P159974) PHINDIRITBL  Live line maintenance implemented (Yes/No, Custom) Baseline Actual (Previous) Actual (Current) End Target Value N -- N Y Date 25-Sep-2017 -- 20-May-2018 30-Jun-2021 PHINDIRITBL  Fixed asset registry in place (Yes/No, Custom) Baseline Actual (Previous) Actual (Current) End Target Value N -- N Y Date 25-Sep-2017 -- 20-May-2018 31-Dec-2019 PHINDIRITBL  Financial Management system implemented (Yes/No, Custom) Baseline Actual (Previous) Actual (Current) End Target Value N -- N Y Date 30-Sep-2017 -- 20-May-2018 31-Dec-2020 PHINDIRITBL  Improved customer (or beneficiary) satisfaction with new or improved electricity service (Yes/No, Custom) Baseline Actual (Previous) Actual (Current) End Target Value N -- N Y Date 25-Sep-2017 -- 20-May-2018 31-Mar-2021 6/1/2018 Page 5 of 7 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Enhancement and Strengthening of Power Transmission Network in Eastern Region (P159974) PHINDIRITBL  Percentage of female staff trained from total staff trained (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 -- 0.00 30.00 Date 25-Sep-2017 -- 20-May-2018 31-Mar-2022 Overall Comments Data on Financial Performance Disbursements (by loan) Project Loan/Credit/TF Status Currency Original Revised Cancelled Disbursed Undisbursed Disbursed Not P159974 IDA-61770 USD 450.64 450.64 0.00 0.00 446.52 0% Effective Key Dates (by loan) Project Loan/Credit/TF Status Approval Date Signing Date Effectiveness Date Orig. Closing Date Rev. Closing Date Not P159974 IDA-61770 29-Mar-2018 10-Apr-2018 -- 31-Dec-2022 31-Dec-2022 Effective Cumulative Disbursements 6/1/2018 Page 6 of 7 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Enhancement and Strengthening of Power Transmission Network in Eastern Region (P159974) Restructuring History There has been no restructuring to date. Related Project(s) There are no related projects. 6/1/2018 Page 7 of 7 Public Disclosure Copy