| Financier | Commitments | 
|---|---|
| IDA Guarantee | 10.00 | 
P162607
Active
Janina Andrea Franco Salazar , Karam Chae
Ministry of Finance
April 23, 2019
(as of board presentation)
May 23, 2019
N/A
US$ 130.00 million
Ethiopian Electric Power
2019
US$ 0.00 million
N/A
Not Applicable
December 31, 2025
Bank Approved
December 19, 2024
| Financier | Commitments | 
|---|---|
| IDA Guarantee | 10.00 | 
| Product Line | IBRD/IDA | 
|---|---|
| IBRD Commitment | N/A | 
| IDA Commitment | N/A | 
| IBRD + IDA Commitment | N/A | 
| Lending Instrument | |
|---|---|
| Grant Amount | N/A | 
| Total Project Cost** | 130.00 | 
| Period | Financier | Transaction Type | Amount (US$) | 
|---|---|---|---|
| May 23, 2019 | IDA-G2850 | Loan Commitment | 10,000,000.00 | 
| Name | Review | Date | 
|---|---|---|
| Procurement | Satisfactory | 2022-03-30 | 
| Financial Management | Satisfactory | 2022-03-30 | 
| Overall Implementation Progress (IP) | Moderately Satisfactory | 2022-03-30 | 
| Monitoring and Evaluation | Satisfactory | 2022-03-30 | 
| Project Management | Satisfactory | 2022-03-30 | 
| Progress towards achievement of PDO | Moderately Satisfactory | 2022-03-30 | 
| INDICATOR | BASELINE | CURRENT | TARGET | 
|---|
| Generation capacity of energy constructed or rehabilitated | Value | 0.00 | 0.00 | 1000.00 | 
| Date | December 31, 2018 | November 24, 2021 | December 31, 2025 | |
| Comment | 
| Renewable energy generation capacity (other than hydropower) constructed under the project | Value | 0.00 | 0.00 | 1000.00 | 
| Date | December 31, 2018 | November 24, 2021 | December 31, 2025 | |
| Comment | 
| Amount of private capital mobilized under the IPP program | Value | 0.00 | 0.00 | 800.00 | 
| Date | December 31, 2018 | November 24, 2021 | December 31, 2025 | |
| Comment | 
| Share of private capital (equity and debt) deployed in new IPPs | Value | 25.00 | 25.00 | 65.00 | 
| Date | December 31, 2018 | November 24, 2021 | December 31, 2025 | |
| Comment | 
| INDICATOR | BASELINE | CURRENT | TARGET | 
|---|
| Annual greenhouse gas emission reductions | Value | 0.00 | 0.00 | 1000.00 | 
| Date | December 31, 2018 | March 20, 2024 | December 30, 2022 | |
| Comment | 
| Increased renewable energy generation capacity under the IPP program that has reached financial close | Value | 0.00 | 0.00 | 100.00 | 
| Date | December 31, 2018 | March 20, 2024 | June 30, 2020 | |
| Comment | 
| Total number of IPP plants that have completed construction | Value | 0.00 | 0.00 | 1.00 | 
| Date | December 31, 2018 | March 20, 2024 | June 30, 2021 | |
| Comment | 
| Total number of IPP plants that have begun construction | Value | 0.00 | 0.00 | 1.00 | 
| Date | December 31, 2018 | March 20, 2024 | June 30, 2020 | |
| Comment | 
| Standard documents for IPP procurement published online | Value | 0.00 | 2.00 | 4.00 | 
| Date | December 31, 2018 | March 20, 2024 | December 31, 2020 | |
| Comment | 
| EEP’s Gender Action Plan under implementation with regular progress reporting | Value | No | Yes | Yes | 
| Date | December 31, 2018 | March 20, 2024 | December 31, 2019 | |
| Comment | 
| Response rate under the project’s GRM | Value | 0.00 | 0.00 | 100.00 | 
| Date | December 31, 2018 | March 20, 2024 | December 31, 2019 | |
| Comment |