The World Bank Implementation Status & Results Report Eskom Investment Support Project (P116410) Eskom Investment Support Project (P116410) AFRICA | South Africa | Energy & Extractives Global Practice | IBRD/IDA | Investment Project Financing | FY 2010 | Seq No: 15 | ARCHIVED on 02-Nov-2018 | ISR34113 | Implementing Agencies: ESKOM Holdings SOC Limited, Department of Public Enterprises, ESKOM Key Dates Key Project Dates Bank Approval Date: 08-Apr-2010 Effectiveness Date: 31-May-2010 Planned Mid Term Review Date: 16-Jun-2014 Actual Mid-Term Review Date: 30-Jun-2014 Original Closing Date: 31-Oct-2015 Revised Closing Date: 31-Dec-2019 pdoTable Project Development Objectives Project Development Objective (from Project Appraisal Document) The project development objective (PDO) of the Eskom Investment Support Project for South Africa is to enhance its power supply andenergy security in an efficient and sustainable manner so as to support both economic growth objectives and South Africa's longterm carbon mitigation strategy. Has the Project Development Objective been changed since Board Approval of the Project Objective? No Components Table Name Medupi Power Plant:(Cost $2380.85 M) Renewable energy (Sere Wind Farm and Concentrating Solar Power Plants):(Cost $267.83 M) Support for low carbon energy efficiency comps., comprising the Majuba Railway for coal transportation & TA prog. for energy efficie ncy:(Cost $415.77 M) Overall Ratings Name Previous Rating Current Rating Progress towards achievement of PDO Moderately Unsatisfactory Moderately Unsatisfactory Overall Implementation Progress (IP) Unsatisfactory Moderately Unsatisfactory Overall Risk Rating High High Implementation Status and Key Decisions The Medupi power plant is making good progress towards completion. The overall total plant completion was 93% in late July 2018 (compared to 89% in February 2018). Unit 3 (the fourth of the six units) was commissioned the second week of October 2018. Unit 2 is projected for commercial operation in December 2019. The last unit (Unit 1) is projected for commercial operation in May but measures are being taken to ensure that all units are in commercial operation by December 2020. The Sere Wind Farm continues to perform well, registering a plant factor above that envisaged at appraisal. The associated Clean Technology Fund- supported Eskom Renewables Support renewables project was extended to October 30, 2018 to allow Eskom time to evaluate options to 11/2/2018 Page 1 of 10 The World Bank Implementation Status & Results Report Eskom Investment Support Project (P116410) replace Kiwano CSP and consult with all stakeholders on an acceptable way forward. Eskom’s Board has now approved to replace Kiwano CSP with Battery Storage. The construction of the Majuba railway is close to 85 percent complete and progressing well. The construction of transmission lines is approximately 76 percent complete. There have been delays on some of the lines, but it is not expected to impact commercial operation of the remaining three units. Eskom has now decided to replace Kiwano CSP with Battery Storage for variable renewable energy supply, and the project is being restructured to reflect this change. 11/2/2018 Page 2 of 10 The World Bank Implementation Status & Results Report Eskom Investment Support Project (P116410) 11/2/2018 Page 3 of 10 The World Bank Implementation Status & Results Report Eskom Investment Support Project (P116410) 11/2/2018 Page 4 of 10 The World Bank Implementation Status & Results Report Eskom Investment Support Project (P116410) 11/2/2018 Page 5 of 10 The World Bank Implementation Status & Results Report Eskom Investment Support Project (P116410) 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 -- Substantial Substantial Technical Design of Project or Program -- High High Institutional Capacity for Implementation and Sustainability -- High High Fiduciary -- Moderate Substantial Environment and Social -- Substantial Substantial Stakeholders -- High High Other -- -- -- Overall -- High High Results PDO Indicators by Objectives / Outcomes Enhance power supply and energy security IN00573945 ►Generation capacity installed and commissioned from renewable energy (CSP) (Megawatt, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 100.00 Date 31-Mar-2009 01-Feb-2018 15-Oct-2018 31-Dec-2019 IN00573943 ►Generation capacity installed and commissioned (Medupi) (Megawatt, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 2,400.00 2,400.00 4,800.00 Date 31-Mar-2009 01-Feb-2018 15-Oct-2018 31-Dec-2019 IN00573944 ►Generation capacity installed and commissioned from renewable energy (Sere Wind Farm) (Megawatt, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 100.00 100.00 100.00 Date 31-Mar-2009 01-Feb-2017 15-Oct-2018 31-Dec-2019 11/2/2018 Page 6 of 10 The World Bank Implementation Status & Results Report Eskom Investment Support Project (P116410) Support longterm carbon mitigation strategy IN00573961 ►Direct CO2 emissions avoided under the project (Metric ton, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 271,000.00 271,000.00 199,000.00 Date 31-Mar-2009 01-Feb-2017 15-Oct-2018 31-Dec-2019 Intermediate Results Indicators by Components Medupi Power Plant IN00573962 ►Direct project beneficiaries (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 -- 2,292,141.00 4,584,283.00 Date 31-Mar-2009 01-Feb-2018 15-Oct-2018 31-Dec-2019 IN00573976 Female beneficiaries (Percentage, Custom Supplement) Baseline Actual (Previous) Actual (Current) End Target Value 50.00 50.00 50.00 50.00 IN00573963 ►Quarterly Medupi Environmental Monitoring Committee meetings held and minutes distributed. (Yes/No, Custom) Baseline Actual (Previous) Actual (Current) End Target Value No Yes No Yes Date 31-Mar-2009 01-Feb-2018 15-Oct-2018 31-Dec-2019 IN00573964 ►Medupi construction progress rate towards completion (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 89.00 93.00 100.00 Date 31-Mar-2009 01-Feb-2018 15-Oct-2018 31-Dec-2019 IN00573965 ►Number of units synchronized (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 3.00 4.00 6.00 Date 31-Mar-2009 01-Feb-2018 15-Oct-2018 31-Dec-2019 IN00573967 11/2/2018 Page 7 of 10 The World Bank Implementation Status & Results Report Eskom Investment Support Project (P116410) ►Transmission lines completed (Kilometers, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 445.00 445.00 1,034.00 Date 31-Mar-2009 01-Feb-2018 15-Oct-2018 31-Dec-2019 IN00573968 ►Transmission lines progress rate towards completion (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 76.30 84.90 100.00 Date 31-Mar-2009 01-Feb-2018 15-Oct-2018 31-Dec-2019 IN00573966 ►Number of units handed over to commercial operations (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 3.00 3.00 6.00 Date 31-Mar-2009 01-Feb-2018 15-Oct-2018 31-Dec-2019 Renewable energy (Sere Wind Farm and Concentrating Solar Power Plants) IN00573969 ►Number of wind turbines erected (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 46.00 46.00 46.00 Date 31-Mar-2009 01-Feb-2018 15-Oct-2018 31-Dec-2019 IN00573972 ►Provisional acceptance (CSP) (Yes/No, Custom) Baseline Actual (Previous) Actual (Current) End Target Value No No No Yes Date 31-Mar-2009 01-Feb-2018 15-Oct-2018 31-Dec-2019 IN00573970 ►Progress rate towards completion (Sere Wind Farm) (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 100.00 100.00 100.00 Date 31-Mar-2009 01-Feb-2018 15-Oct-2018 31-Dec-2019 Support for low carbon energy efficiency comps., comprising the Majuba Railway for coal transportation & TA prog. for energy efficie ncy IN00573971 11/2/2018 Page 8 of 10 The World Bank Implementation Status & Results Report Eskom Investment Support Project (P116410) ►Placement of EPC contract (CSP) (Yes/No, Custom) Baseline Actual (Previous) Actual (Current) End Target Value No No No Yes Date 31-Mar-2009 01-Feb-2018 15-Oct-2018 31-Dec-2019 IN00573973 ►Progress rate towards completion for Majuba rail project (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 80.00 85.00 100.00 Date 31-Mar-2009 01-Feb-2018 15-Oct-2018 31-Dec-2019 IN00573975 ►Number of studies for power plant efficiency improvements completed (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 7.00 7.00 7.00 Date 31-Mar-2009 01-Feb-2018 15-Oct-2018 31-Dec-2019 IN00573974 ►Project generation capacity savings (Megawatt, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 2,303.00 2,303.00 3,171.00 Date 31-Mar-2009 01-Feb-2017 15-Oct-2018 31-Dec-2019 IN00573942 ►Majuba coal transportation cost (Text, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 93.00 110.00 110.00 20.00 Date 31-Mar-2009 01-Feb-2018 15-Oct-2018 31-Dec-2018 Data on Financial Performance Disbursements (by loan) Project Loan/Credit/TF Status Currency Original Revised Cancelled Disbursed Undisbursed % Disbursed P116410 IBRD-78620 Effective USD 3,750.00 3,750.00 0.00 3,036.99 713.01 81% Key Dates (by loan) 11/2/2018 Page 9 of 10 The World Bank Implementation Status & Results Report Eskom Investment Support Project (P116410) Project Loan/Credit/TF Status Approval Date Signing Date Effectiveness Date Orig. Closing Date Rev. Closing Date P116410 IBRD-78620 Effective 08-Apr-2010 16-Apr-2010 31-May-2010 31-Oct-2015 31-Dec-2019 Cumulative Disbursements Restructuring History Level 2 Approved on 11-Dec-2014 ,Level 2 Approved on 07-Jul-2015 Related Project(s) There are no related projects. 11/2/2018 Page 10 of 10