Energy 2 Project

Abstract*

The Second Energy Project in Moldova, aims to improve the security and reliability of the electricity transmission system, and wholesale electricity supply, and, therefore, facilitate commercial operations of the power system, both domestically and internationally; and in addition, to improve the ability, quality, and efficiency of heating in selected, priority public buildings, schools, hospitals, and residential buildings for the disabled, and other... Show More

Development Objective

Improve the security and reliability of the electricity transmission system and wholesale electricity supply and, therefore, facilitate unimpeded commercial operation of the power system. Improve the availability, quality, and efficiency of heating in selected priority public buildings.

Key Details

Project Details

Project ID
P040558
Status
Closed
Team Leader
Sandu Ghidirim
Borrower 2
N/A

Country
Moldova
Disclosure Date
February 11, 2000
Approval Date
(as of board presentation)
November 25, 2003
Effective Date
March 2, 2004

Total Project Cost 1
US$ 39.93 million
Implementing Agency
N/A
Region
Europe and Central Asia
Fiscal Year 3
2004

Commitment Amount
US$ 35.60 million
Environmental Category
B
Last Update Date
January 15, 2013
Closing Date
April 30, 2012

Last Stage Reached
BANK APPROVED

Associated Projects
P113569

Notes
1. Total project cost includes funding from World Bank and non-bank sources in US$ millions. Active and Closed projects show current commitments. Proposed (pipeline) and dropped projects show the forecast amount. The commitment amount for projects in the pipeline is indicative and may be modified during the project preparation.
2. Borrower refers to the Borrower of a Loan or Recipient of a Grant.
3. ”Fiscal Year” is the fiscal year in which the project was approved (or dropped if the status is dropped). The World Bank's fiscal year is from July 1 - June 30. For example, a fiscal year of 1996 corresponds to July 1, 1995 - June 30, 1996.

Sectors

Themes

FY17 - Environment and Natural Resource Management

FY17 - Climate change13%
- FY17 - Mitigation13%
FY17 - Environmental Health and Pollution Management12%
- FY17 - Air quality management4%
- FY17 - Soil Pollution4%
- FY17 - Water Pollution4%

FY17 - Private Sector Development

FY17 - Business Enabling Environment24%
- FY17 - Regulation and Competition Policy24%
FY17 - Jobs8%
- FY17 - Job Creation8%

FY17 - Urban and Rural Development

FY17 - Rural Development8%
- FY17 - Rural Infrastructure and service delivery8%
FY17 - Urban Development33%
- FY17 - Services and Housing for the Poor25%
- FY17 - Urban Infrastructure and Service Delivery8%

Project Map

Interactive Map

Finances

Financing Plan (US$ Millions)

Financier	Commitments
Borrower/Recipient	4.33
IDA Credit	35.00
SWEDEN: Swedish Intl. Dev. Cooperation Agency (SIDA)	0.60

Total Project Financing (US$ Millions)

Product Line	IBRD/IDA
IBRD Commitment	N/A
IDA Commitment	35.00
IBRD + IDA Commitment	35.00

Lending Instrument
Grant Amount	0.60
Total Project Cost**	39.93

Summary Status of World Bank Financing (US$ Millions) as of March 31, 2025

No data available.

Detailed Financial Activity as of March 31, 2025

Download:

Period	Financier	Transaction Type	Amount (US$)
Nov 15, 2013	IDA-38330	Int Charges	1,565.54
Nov 15, 2013	IDA-38330	Int Charges	1,565.54
Nov 15, 2013	IDA-38330	Int Charges	143,526.05
Nov 15, 2013	IDA-38330	Int Charges	143,526.05
Nov 15, 2013	IDA-45410	Int Charges	37,752.91
Nov 15, 2013	IDA-45410	Int Charges	37,752.91
May 15, 2015	IDA-38330	Loan Repay	12,448.23
May 15, 2015	IDA-38330	Loan Repay	348,222.03
May 15, 2015	IDA-38330	Int Charges	968.26
May 15, 2014	IDA-45410	Int Charges	38,751.40
May 15, 2014	IDA-45410	Int Charges	225.23
May 15, 2014	IDA-45410	Int Charges	225.23
May 15, 2014	IDA-45410	Int Charges	38,751.40
May 15, 2014	IDA-38330	Int Charges	146,013.12
May 15, 2014	IDA-38330	Int Charges	146,013.12
May 15, 2014	IDA-38330	Int Charges	1,308.82
May 15, 2014	IDA-38330	Int Charges	1,308.82
May 15, 2014	IDA-38330	Int Charges	856.24
May 15, 2014	IDA-38330	Int Charges	856.24
May 15, 2014	IDA-38330	Loan Repay	392,858.50
Nov 17, 2015	IDA-38330	Int Charges	127,669.31
Nov 17, 2015	IDA-38330	Int Charges	15,277.11
Nov 17, 2015	IDA-38330	Int Charges	15,277.11
Nov 17, 2015	IDA-38330	Loan Repay	343,997.30
Nov 17, 2015	IDA-38330	Loan Repay	6,983.62
Nov 17, 2015	IDA-38330	Int Charges	127,669.31
Nov 17, 2015	IDA-45410	Int Charges	1,101.95
Nov 17, 2015	IDA-45410	Int Charges	1,101.95
Nov 17, 2015	IDA-45410	Int Charges	34,620.60
Nov 17, 2015	IDA-45410	Int Charges	34,620.60
May 15, 2015	IDA-38330	Int Charges	968.26
May 15, 2015	IDA-38330	Int Charges	115,879.20
May 15, 2015	IDA-38330	Int Charges	115,879.20
May 15, 2015	IDA-45410	Int Charges	895.47
May 15, 2015	IDA-45410	Int Charges	895.47
May 15, 2015	IDA-45410	Int Charges	33,548.52
May 15, 2015	IDA-45410	Int Charges	33,548.52
Nov 15, 2016	IDA-45410	Int Charges	34,259.06
Nov 15, 2016	IDA-45410	Int Charges	34,259.06
Nov 15, 2016	IDA-38330	Loan Repay	127,222.38
Nov 15, 2016	IDA-38330	Loan Repay	220,093.20
Nov 15, 2016	IDA-38330	Int Charges	123,731.20
Nov 15, 2016	IDA-38330	Int Charges	123,731.20
May 15, 2016	IDA-38330	Int Charges	7,267.54
May 15, 2016	IDA-38330	Int Charges	7,267.54
May 15, 2016	IDA-38330	Int Charges	116,145.51
May 15, 2016	IDA-38330	Int Charges	116,145.51
May 15, 2016	IDA-45410	Int Charges	844.11
May 15, 2016	IDA-45410	Int Charges	844.11
Nov 15, 2016	IDA-38330	Int Charges	5,768.24
Nov 15, 2016	IDA-38330	Int Charges	5,768.24
Nov 15, 2016	IDA-45410	Int Charges	418.35
Nov 15, 2016	IDA-45410	Int Charges	418.35
May 15, 2016	IDA-45410	Int Charges	34,173.47
May 15, 2016	IDA-45410	Int Charges	34,173.47
May 15, 2016	IDA-38330	Int Charges	14.97
May 15, 2016	IDA-38330	Int Charges	14.97
May 15, 2016	IDA-38330	Loan Repay	11,671.23
May 15, 2016	IDA-38330	Loan Repay	347,722.90
May 15, 2017	IDA-38330	Int Charges	7,566.61
May 15, 2017	IDA-38330	Int Charges	7,566.61
May 15, 2017	IDA-45410	Int Charges	934.87
May 15, 2017	IDA-45410	Int Charges	934.87
May 15, 2017	IDA-38330	Int Charges	108,321.76
May 15, 2017	IDA-38330	Int Charges	108,321.76
May 15, 2017	IDA-45410	Int Charges	32,973.70
May 15, 2017	IDA-45410	Int Charges	32,973.70
May 15, 2017	IDA-38330	Loan Repay	12,854.47
May 15, 2017	IDA-38330	Loan Repay	336,195.72
Nov 15, 2017	IDA-38330	Int Charges	7,374.06
Nov 15, 2017	IDA-38330	Int Charges	7,374.06
Nov 15, 2017	IDA-38330	Loan Repay	126,536.00
Nov 15, 2017	IDA-45410	Int Charges	537.79
Nov 15, 2017	IDA-45410	Int Charges	537.79
Nov 15, 2017	IDA-38330	Loan Repay	233,359.94
Nov 15, 2017	IDA-38330	Int Charges	125,513.66
Nov 15, 2017	IDA-38330	Int Charges	125,513.66
Nov 15, 2017	IDA-45410	Int Charges	35,499.98
Nov 15, 2023	IDA-38330	Loan Repay	235,833.55
Nov 15, 2023	IDA-38330	Int Charges	100,063.19
Nov 15, 2023	IDA-38330	Int Charges	100,063.19
May 15, 2023	IDA-45410	Int Charges	29,989.90
May 15, 2023	IDA-45410	Int Charges	29,989.90
Nov 15, 2023	IDA-38330	Int Charges	3,817.41
Nov 15, 2023	IDA-38330	Int Charges	3,817.41
Nov 15, 2023	IDA-38330	Loan Repay	102,006.67
Nov 15, 2023	IDA-45410	Int Charges	1,032.91
Nov 15, 2023	IDA-45410	Int Charges	1,032.91
Nov 15, 2023	IDA-45410	Loan Repay	87,321.01
Nov 15, 2023	IDA-45410	Int Charges	29,633.64
May 15, 2023	IDA-45410	Int Charges	1,941.71
May 15, 2023	IDA-45410	Int Charges	1,941.71
May 15, 2023	IDA-45410	Loan Repay	30,755.02
May 15, 2023	IDA-45410	Loan Repay	59,202.87
May 15, 2023	IDA-38330	Loan Repay	331,909.22
May 15, 2023	IDA-38330	Loan Repay	10,085.39
May 15, 2023	IDA-38330	Int Charges	101,298.98
May 15, 2023	IDA-38330	Int Charges	101,298.98
May 15, 2023	IDA-38330	Int Charges	7,176.56
May 15, 2023	IDA-38330	Int Charges	7,176.56
Jan 29, 2009	IDA-45410	Loan Commitment	10,000,000.00
Nov 25, 2003	IDA-38330	Loan Commitment	35,000,000.00
May 15, 2024	IDA-38330	Int Charges	99,452.38
May 15, 2024	IDA-38330	Int Charges	2,549.93
May 15, 2024	IDA-38330	Int Charges	2,549.93
May 15, 2024	IDA-38330	Loan Repay	674,136.90
May 15, 2024	IDA-38330	Int Charges	1,668.14
May 15, 2024	IDA-38330	Int Charges	1,668.14
May 15, 2024	IDA-45410	Loan Repay	88,526.87
May 15, 2024	IDA-45410	Loan Repay	135.26
May 15, 2024	IDA-45410	Int Charges	29,923.47
May 15, 2024	IDA-45410	Int Charges	29,923.47
May 15, 2024	IDA-45410	Int Charges	690.02
May 15, 2024	IDA-45410	Int Charges	690.02
May 15, 2024	IDA-38330	Int Charges	99,452.38
Nov 15, 2021	IDA-38330	Int Charges	112,069.07
Nov 15, 2021	IDA-38330	Int Charges	112,069.07
Nov 15, 2021	IDA-45410	Int Charges	911.43
Nov 15, 2021	IDA-45410	Int Charges	911.43
Nov 15, 2021	IDA-45410	Loan Repay	34,050.39
Nov 15, 2021	IDA-45410	Loan Repay	60,079.58
Nov 15, 2021	IDA-45410	Int Charges	0.01
Nov 15, 2021	IDA-45410	Int Charges	0.01
Nov 15, 2021	IDA-45410	Int Charges	33,533.80
Nov 15, 2021	IDA-45410	Int Charges	33,533.80
Nov 15, 2021	IDA-38330	Int Charges	3,369.44
Nov 15, 2021	IDA-38330	Loan Repay	357,855.66
Nov 15, 2021	IDA-38330	Int Charges	1,997.39
Nov 15, 2021	IDA-38330	Int Charges	1,997.39
Nov 15, 2021	IDA-38330	Int Charges	3,369.44
Nov 15, 2022	IDA-45410	Loan Repay	4,400.37
Nov 15, 2022	IDA-45410	Loan Repay	25,856.69
Nov 15, 2022	IDA-45410	Loan Repay	57,912.62
Nov 15, 2022	IDA-38330	Loan Repay	318,931.12
Nov 15, 2022	IDA-38330	Int Charges	10,900.86
Nov 15, 2022	IDA-38330	Int Charges	10,900.86
Nov 15, 2022	IDA-38330	Int Charges	86,395.08
Nov 15, 2022	IDA-38330	Int Charges	86,395.08
Nov 15, 2022	IDA-38330	Loan Repay	16,265.15
Nov 15, 2022	IDA-45410	Int Charges	28,846.05
Nov 15, 2022	IDA-45410	Int Charges	28,846.05
May 15, 2022	IDA-45410	Loan Repay	30,647.97
May 15, 2022	IDA-38330	Loan Repay	103,542.49
May 15, 2022	IDA-38330	Loan Repay	7,128.06
May 15, 2022	IDA-45410	Loan Repay	56,585.03
May 15, 2022	IDA-45410	Int Charges	0.01
May 15, 2022	IDA-45410	Int Charges	0.01
May 15, 2022	IDA-45410	Int Charges	31,429.38
May 15, 2022	IDA-45410	Int Charges	31,429.38
May 15, 2022	IDA-38330	Loan Repay	228,295.52
May 15, 2022	IDA-38330	Int Charges	106,774.33
May 15, 2022	IDA-38330	Int Charges	106,774.33
Nov 15, 2023	IDA-45410	Int Charges	29,633.64
Nov 15, 2023	IDA-45410	Loan Repay	1,544.12
Nov 15, 2014	IDA-38330	Int Charges	126,389.46
Nov 15, 2014	IDA-38330	Int Charges	126,389.46
Nov 15, 2014	IDA-38330	Loan Repay	2,981.68
Nov 15, 2014	IDA-38330	Loan Repay	369,945.40
Nov 15, 2014	IDA-38330	Int Charges	12,059.70
Nov 15, 2014	IDA-38330	Int Charges	12,059.70
Nov 15, 2014	IDA-45410	Int Charges	214.81
Nov 15, 2014	IDA-45410	Int Charges	214.81
Nov 15, 2014	IDA-45410	Int Charges	36,570.55
Nov 15, 2014	IDA-45410	Int Charges	36,570.55
Nov 15, 2013	IDA-45410	Int Charges	411.81
Nov 15, 2013	IDA-45410	Int Charges	411.81
Nov 15, 2017	IDA-45410	Int Charges	35,499.98
May 15, 2019	IDA-45410	Int Charges	34,730.90
May 15, 2019	IDA-45410	Int Charges	34,730.90
May 15, 2019	IDA-38330	Int Charges	9,739.39
May 15, 2019	IDA-38330	Int Charges	9,739.39
May 15, 2019	IDA-38330	Int Charges	109,094.11
May 15, 2019	IDA-38330	Int Charges	109,094.11
Nov 15, 2018	IDA-38330	Int Charges	120,096.44
Nov 15, 2018	IDA-38330	Int Charges	120,096.44
Nov 15, 2018	IDA-38330	Loan Repay	230,006.60
Nov 15, 2018	IDA-45410	Int Charges	629.88
Nov 15, 2018	IDA-45410	Int Charges	629.88
Nov 15, 2018	IDA-45410	Int Charges	34,084.44
Nov 15, 2018	IDA-45410	Int Charges	34,084.44
Nov 15, 2018	IDA-38330	Loan Repay	8,588.75
Nov 15, 2018	IDA-38330	Loan Repay	113,335.65
May 15, 2018	IDA-38330	Loan Repay	3,791.07
May 15, 2018	IDA-45410	Int Charges	277.25
May 15, 2018	IDA-45410	Int Charges	277.25
May 15, 2018	IDA-38330	Int Charges	125,506.86
May 15, 2018	IDA-38330	Int Charges	125,506.86
May 15, 2018	IDA-45410	Int Charges	35,606.64
May 15, 2018	IDA-45410	Int Charges	35,606.64
May 15, 2018	IDA-38330	Loan Repay	123,918.85
May 15, 2018	IDA-38330	Loan Repay	236,078.05
Nov 15, 2019	IDA-38330	Loan Repay	346,690.25
Nov 15, 2019	IDA-38330	Int Charges	3,075.69
Nov 15, 2019	IDA-38330	Int Charges	3,075.69
Nov 15, 2019	IDA-38330	Int Charges	113,317.38
Nov 15, 2019	IDA-38330	Int Charges	113,317.38
Nov 15, 2019	IDA-38330	Loan Repay	3,417.00
Nov 15, 2019	IDA-45410	Loan Repay	91,167.84
Nov 15, 2019	IDA-45410	Int Charges	834.23
Nov 15, 2019	IDA-45410	Int Charges	834.23
Nov 15, 2019	IDA-45410	Int Charges	33,231.75
Nov 15, 2019	IDA-45410	Int Charges	33,231.75
Nov 15, 2019	IDA-45410	Loan Repay	924.00
May 15, 2019	IDA-38330	Loan Repay	7,184.60
May 15, 2019	IDA-38330	Loan Repay	344,914.53
May 15, 2019	IDA-45410	Loan Repay	528.37
May 15, 2019	IDA-45410	Loan Repay	34,454.53
May 15, 2019	IDA-45410	Loan Repay	57,632.88
May 15, 2020	IDA-38330	Loan Repay	230,407.55
May 15, 2020	IDA-38330	Int Charges	114,264.48
May 15, 2020	IDA-38330	Int Charges	114,264.48
May 15, 2020	IDA-45410	Int Charges	32,335.67
May 15, 2020	IDA-45410	Int Charges	32,335.67
May 15, 2020	IDA-45410	Int Charges	121.76
May 15, 2020	IDA-45410	Int Charges	121.76
May 15, 2020	IDA-45410	Loan Repay	91,078.80
May 15, 2020	IDA-45410	Int Charges	1,135.82
May 15, 2020	IDA-45410	Int Charges	1,135.82
May 15, 2020	IDA-38330	Int Charges	450.23
May 15, 2020	IDA-38330	Int Charges	450.23
May 15, 2020	IDA-38330	Loan Repay	115,848.43
Nov 15, 2020	IDA-38330	Loan Repay	111,358.58
Nov 15, 2020	IDA-38330	Int Charges	116,913.52
Nov 15, 2020	IDA-38330	Int Charges	116,913.52
Nov 15, 2020	IDA-38330	Loan Repay	6,364.93
Nov 15, 2020	IDA-38330	Loan Repay	243,924.84
Nov 15, 2020	IDA-45410	Loan Repay	32,803.73
Nov 15, 2020	IDA-45410	Loan Repay	1,721.43
Nov 15, 2020	IDA-45410	Loan Repay	60,602.43
Nov 15, 2020	IDA-45410	Int Charges	34,312.11
Nov 15, 2020	IDA-45410	Int Charges	34,312.11
May 15, 2021	IDA-38330	Loan Repay	3,691.72
May 15, 2021	IDA-38330	Int Charges	1,088.55
May 15, 2021	IDA-38330	Int Charges	1,088.55
May 15, 2021	IDA-38330	Loan Repay	362,765.62
May 15, 2021	IDA-45410	Loan Repay	979.16
May 15, 2021	IDA-38330	Int Charges	114,732.07
May 15, 2021	IDA-38330	Int Charges	114,732.07
May 15, 2021	IDA-45410	Int Charges	294.42
May 15, 2021	IDA-45410	Int Charges	294.42
May 15, 2021	IDA-45410	Loan Repay	95,413.39
May 15, 2021	IDA-45410	Int Charges	33,767.99
May 15, 2021	IDA-45410	Int Charges	33,767.99
May 15, 2022	IDA-45410	Loan Repay	1,928.27

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name	Review	Date
Progress towards achievement of PDO	Satisfactory	2012-04-25
Procurement	Satisfactory	2012-04-25
Project Management	Satisfactory	2012-04-25
Overall Implementation Progress (IP)	Moderately Satisfactory	2012-04-25
Counterpart Funding	Satisfactory	2012-04-25
Financial Management	Satisfactory	2012-04-25
Monitoring and Evaluation	Satisfactory	2012-04-25

COMPLETION RATINGS

INDICATOR	IMPLEMENTATION COMPLETION & RESULTS REPORT: 10-30-2012
Outcomes	Substantial
Risk to Development Outcome	Modest
Bank Performance	Substantial
Borrower Performance	Substantial
Government Performance	Substantial
Implementing Agency	Substantial

INDEPENDENT EVALUATION RATINGS

INDICATOR	ICR REVIEW: 02-24-2014	PROJECT PERFORMANCE ASSESSMENT REPORT:
Outcome Rating	Satisfactory	N/a
Risk To Development Outcome	Significant	N/a
Bank Performance	Satisfactory	N/a
Borrower Performance	Satisfactory	N/a
Government Performance	Highly Satisfactory	N/a
Implementing Agency	Satisfactory	N/a
Icr Quality	Satisfactory	N/a
M&e Quality	Substantial	N/a

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATOR		BASELINE	CURRENT	TARGET

Reduce outage rates of Moldelectrica transmission lines and substations by 35%.	Value	2002: 253 hours	103 hours (59 % reduction)	Reduce outage rates by 35%
	Date	December 31, 2002	March 30, 2012	April 30, 2012
	Comment		Target exceeded.(Information from Moldelectrica’s 2011 Annual Report.)

Reduce non-technical losses in transmission and distribution by 75%	Value	Non technical losses in 2002 were 11%.	0.00 % (100 % reduction)(Information from Moldele	Non technical losses reduced by 75%.
	Date	December 31, 2002	March 30, 2012	April 30, 2012
	Comment		Target exceeded.(Information from Moldelectrica’s 2011 Annual Report.)

Reduce unserved energy by 200 MWh per year	Value	Unserved energy of about 602 MWh in 1999.	Unserved energy of 101.2 MWh in 2011.	Reduce unserved energy by 200 MWh per year
	Date	December 31, 2002	March 30, 2012	April 30, 2012
	Comment		Target achieved, with unserved energy substantially reduced. (200 MWh per year was a rather vague target, with no starting yearorending year.) This indicator was calculated differently by Moldelectrica in previous years, and the calculation method has nowbeen revised. (Information from Moldelectrica's 2011 Annual report.)

Reduce technical losses of Moldelectrica by 5%.	Value	Total technical losses of about 138.9 GWh in 2002.	131.04 GWh (5.65 % reduction)	Reduce technical losses by 5%
	Date	December 31, 2002	March 30, 2012	April 30, 2011
	Comment		Target achieved.(Information from Moldelectrica's 2011 Annual Report.)

Increase no. of buildings with heating throughout the winter season.	Value	80 institutions/buildings with heating availabili	69 institutions & 43 residential buildings (252 bu	217 buildings (170 +47 Additional Financing) with
	Date	December 31, 2002	March 30, 2012	April 30, 2012
	Comment		Target exceeded.

Number of students and teachers who benefit from educational facilities heated 120 days or more during winter	Value	0 (schools heated for 0-30 days per year)	27,485 teachers and students in schools and childr	8,399 students plus 4,800 students and teachers (A
	Date	December 31, 2002	March 30, 2012	April 30, 2012
	Comment		Target exceeded.

Number of inpatients, medical staff and outpatients benefitting from facilities heated 120 days or more during winter.	Value	0 (hospitals heated from 0-30 days per year) or wi	412,206 inpatients and 11,177 medical staff (incl.	1 million patients, staff and visitors plus 228,00
	Date	December 31, 2002	March 30, 2012	April 30, 2012
	Comment		Target exceeded.The figures for medical staff, inpatients and outpatients were revised by MEPIU to reflect correctly the share ofpeople benefiting from stationary treatment (inpatients and outpatients on day stay) and outpatient visits to the medicalfacilitiesrehabilitated under the project.

INTERMEDIATE RESULTS INDICATORS

INDICATOR		BASELINE	CURRENT	TARGET

Installation of meters and one metering management system	Value	Obsolete meters	580 meters and one metering management system.	400 meters installed plus one metering management
	Date	December 31, 2002	March 30, 2012	April 30, 2012
	Comment		Target exceeded. Installation of the meters, and of the metering management system was completed in June 2010.

Replacement of transmission substation equipment	Value	equipment obsolete and prone to failure	47 high-voltage circuit breakers at three 330 kV s	53 high voltage circuit breakers replaced at 3 maj
	Date	December 31, 2002	March 30, 2012	April 30, 2012
	Comment		Target achieved in June 2010 with IDA and Moldelectrica financing. Only 47 high-voltage circuit breakers were procured by theproject, as Moldelectrica already had already procured and installed circuit breakers with its own funds.