The World Bank Implementation Status & Results Report Energy Sector Development Project (P148560) Energy Sector Development Project (P148560) EAST ASIA AND PACIFIC | Micronesia, Federated States of | Energy & Extractives Global Practice | IBRD/IDA | Investment Project Financing | FY 2014 | Seq No: 11 | ARCHIVED on 17-May-2019 | ISR36926 | Implementing Agencies: Federated States of Micronesia, Department of Resources and Development, Central Implementation Unit Key Dates Key Project Dates Bank Approval Date: 29-May-2014 Effectiveness Date: 15-Oct-2014 Planned Mid Term Review Date: 30-Jun-2017 Actual Mid-Term Review Date: 05-Jun-2017 Original Closing Date: 31-Jul-2018 Revised Closing Date: 30-Sep-2019 pdoTable 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 Objective? No Components Table Name Increasing available generation capacity and efficiency of electricity supply in the state power utilities:(Cost $9.27 M) National and state energy planning:(Cost $3.40 M) Technical assistance and project management:(Cost $1.50 M) Overall Ratings Name Previous Rating Current Rating Progress towards achievement of PDO Satisfactory Satisfactory Overall Implementation Progress (IP) Moderately Satisfactory Moderately Satisfactory Overall Risk Rating Substantial Substantial Implementation Status and Key Decisions An Implementation Support Mission was conducted between February 21 and March 1, 2019. Progress towards achievement of the Project Development Objectives (PDO) is Satisfactory and overall implementation is progressing well. This is based on steady progress towards achievement of the PDO and significant improvements in the pace of implementation over the past months. Disbursement and Commitment rates currently stands at 73% and 95% respectively. The remaining activities are expected to be completed by the project closing date with all target indicators fully achieved. However, a few activities such as the solar PV power plant in Chuuk and the procurement of the Pohnpei diesel units’ spare parts remain on a tight schedule and require close monitoring and management 5/17/2019 Page 1 of 6 The World Bank Implementation Status & Results Report Energy Sector Development Project (P148560) The project is still on track to achieve all its development objectives. Risks Systematic Operations Risk-rating Tool Risk Category Rating at Approval Previous Rating Current Rating Political and Governance -- Moderate Moderate Macroeconomic -- Moderate Moderate Sector Strategies and Policies -- Moderate Moderate Technical Design of Project or Program -- Moderate Moderate Institutional Capacity for Implementation and Sustainability -- High High Fiduciary -- Substantial Substantial Environment and Social -- Moderate Moderate Stakeholders -- Moderate Moderate Other -- -- -- Overall -- Substantial Substantial Results PDO Indicators by Objectives / Outcomes Increase the available generation capacity and efficiency of electricity supply in utilities IN00698633 ►Generation Capacity of Conventional Generation constructed under the project (Megawatt, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 5.60 6.20 4.70 Date 14-Apr-2014 31-Oct-2018 01-Mar-2019 30-Sep-2019 IN00698635 ►Generation Capacity of Renewable Energy (other than hydropower) constructed (Megawatt, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 0.20 5/17/2019 Page 2 of 6 The World Bank Implementation Status & Results Report Energy Sector Development Project (P148560) Date 14-Apr-2014 31-Oct-2018 01-Mar-2019 30-Sep-2019 IN00698691 Generation Capacity of Renewable Energy constructed-Solar (Megawatt, Custom Breakdown) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 0.20 Date 14-Apr-2014 31-Oct-2018 01-Mar-2019 30-Sep-2019 IN00698692 ►Projected lifetime fuel savings (Mega Joules (MJ), Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 124,000,000.00 124,000,000.00 124,000,000.00 Date 14-Apr-2014 31-Oct-2018 01-Mar-2019 30-Sep-2019 IN00698693 ►Direct project beneficiaries (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 56,016.00 62,632.00 50,000.00 Date 14-Apr-2014 31-Oct-2018 01-Mar-2019 30-Sep-2019 IN00698694 Female beneficiaries (Percentage, Custom Supplement) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 49.00 50.00 50.00 Strengthen planning and technical capacities of national goverment and utilities IN00698634 ►Sustainability reform program agreed with each state power utility - implementation progress (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 30.00 100.00 100.00 Date 14-Apr-2014 26-Apr-2018 01-Mar-2019 31-Jul-2018 Intermediate Results Indicators by Components Increasing available generation capacity and efficiency of electricity supply in the state power utilities IN00698698 ►Commissioning of conventional energy generation equipment (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 90.00 100.00 100.00 5/17/2019 Page 3 of 6 The World Bank Implementation Status & Results Report Energy Sector Development Project (P148560) Date 14-Apr-2014 31-Oct-2018 01-Mar-2019 30-Sep-2019 IN00698695 ►Commissioning of solar generation equipment (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 100.00 Date 14-Apr-2014 31-Oct-2018 01-Mar-2019 30-Sep-2019 IN00698701 ►Commissioning of efficient streetlights (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 192.00 192.00 100.00 Date 14-Apr-2014 31-Oct-2018 01-Mar-2019 30-Sep-2019 National and state energy planning IN00698696 ►Energy sector master plans completed and accepted (Yes/No, Custom) Baseline Actual (Previous) Actual (Current) End Target Value No Yes Yes Yes Date 14-Apr-2014 31-Oct-2018 01-Mar-2019 30-Sep-2019 IN00698699 ►Energy sector information system in place - implementation progress (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 100.00 100.00 100.00 Date 14-Apr-2014 31-Oct-2018 01-Mar-2019 30-Sep-2019 IN00698702 ►Improved planning capacity of the state power utilities and national government (Yes/No, Custom) Baseline Actual (Previous) Actual (Current) End Target Value No Yes Yes Yes Date 14-Apr-2014 31-Oct-2018 01-Mar-2019 30-Sep-2019 Technical assistance and project management IN00698697 ►Improved technical capacity in the state utilities for operations and maintenance (Yes/No, Custom) Baseline Actual (Previous) Actual (Current) End Target Value No Yes Yes Yes 5/17/2019 Page 4 of 6 The World Bank Implementation Status & Results Report Energy Sector Development Project (P148560) Date 14-Apr-2014 31-Oct-2018 01-Mar-2019 30-Sep-2019 IN00698700 ►Implementation specialists in place (Yes/No, Custom) Baseline Actual (Previous) Actual (Current) End Target Value No Yes Yes Yes Date 14-Apr-2014 31-Oct-2018 01-Mar-2019 30-Sep-2019 Data on Financial Performance Disbursements (by loan) Project Loan/Credit/TF Status Currency Original Revised Cancelled Disbursed Undisbursed % Disbursed P148560 IDA-H9570 Effective USD 14.40 14.40 0.00 9.57 3.59 73% Key Dates (by loan) Project Loan/Credit/TF Status Approval Date Signing Date Effectiveness Date Orig. Closing Date Rev. Closing Date P148560 IDA-H9570 Effective 29-May-2014 02-Oct-2014 15-Oct-2014 31-Jul-2018 30-Sep-2019 Cumulative Disbursements 5/17/2019 Page 5 of 6 The World Bank Implementation Status & Results Report Energy Sector Development Project (P148560) Restructuring History Level 2 Approved on 19-Jul-2018 Related Project(s) There are no related projects. 5/17/2019 Page 6 of 6