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Power Transmission Project

Abstract*

The Power Transmission Project for Azerbaijan aims to improve the efficiency of the power transmission operation in Azerbaijan through technical and institutional strengthening of the generation/transmission utility. The project has the following four components: Component 1) includes investments to upgrade the electricity dispatch system in the country, which in turn would support the reliable, secure and economic operation of the electricity sector...

* The project abstract is drawn from the PAD, SAR or PGD and may not accurately reflect the project's current nature

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Development Objective

The primary objective of the project is to improve the efficiency of the power transmission operation in Azerbaijan through technical and institutional strengthening of the generation/transmission utility. The project has as a secondary objective to contribute to strengthening Azerenerji's financial position.

Key Details

Project Details

  • P083341

  • Closed

  • Arturo S. Rivera

  • N/A

  • Azerbaijan

  • September 30, 2003

  • (as of board presentation)

    May 17, 2005

  • March 24, 2006

  • US$ 48.00 million

  • B

  • Not Applicable

  • December 31, 2011

  • BANK APPROVED

  • January 15, 2013

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
Borrower/Recipient 7.40
International Bank for Reconstruction and Development 48.00

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment 48.00
IDA Commitment N/A
IBRD + IDA Commitment 48.00
Lending Instrument
Grant Amount N/A
Total Project Cost** 55.40

Summary Status of World Bank Financing (US$ Millions) as of June 30, 2025

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No data available.
Financier Approval Date Closing Date Principal Disbursed Repayments Interest, Charges & Fees

Detailed Financial Activity as of June 30, 2025

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No data available.
Period Financier Transaction Type Amount (US$)
Oct 15, 2014 IBRD-72940 Int Charges 122,789.70
May 17, 2005 IBRD-72940 Loan Commitment 48,000,000.00
Oct 15, 2013 IBRD-72940 Int Charges 162,164.69
Oct 15, 2013 IBRD-72940 Loan Repay 1,927,945.10
Apr 15, 2014 IBRD-72940 Loan Repay 1,927,945.10
Apr 15, 2014 IBRD-72940 Int Charges 136,634.05
Oct 15, 2015 IBRD-72940 Int Charges 129,241.02
Oct 15, 2015 IBRD-72940 Loan Repay 1,927,945.10
Apr 15, 2015 IBRD-72940 Int Charges 116,563.01
Apr 15, 2015 IBRD-72940 Loan Repay 1,927,945.10
Oct 15, 2016 IBRD-72940 Loan Repay 1,927,945.10
Apr 21, 2016 IBRD-72940 Loan Repay 791,180.06
Apr 20, 2016 IBRD-72940 Int Charges 143,234.90
Apr 20, 2016 IBRD-72940 Loan Repay 1,136,765.10
Oct 15, 2016 IBRD-72940 Int Charges 333.20
Oct 15, 2016 IBRD-72940 Int Charges 202,651.81
Oct 15, 2017 IBRD-72940 Int Charges 258,420.02
Oct 15, 2017 IBRD-72940 Loan Repay 1,927,945.10
Apr 15, 2017 IBRD-72940 Loan Repay 1,927,945.10
Apr 15, 2017 IBRD-72940 Int Charges 249,918.88
Apr 15, 2018 IBRD-72940 Loan Repay 1,927,945.10
Apr 15, 2018 IBRD-72940 Int Charges 1,566.18
Apr 15, 2018 IBRD-72940 Int Charges 259,907.62
Oct 15, 2018 IBRD-72940 Int Charges 374,057.56
Oct 15, 2018 IBRD-72940 Loan Repay 1,927,945.10
Apr 19, 2019 IBRD-72940 Int Charges 365,648.16
Apr 19, 2019 IBRD-72940 Loan Repay 1,927,945.10
Oct 15, 2019 IBRD-72940 Int Charges 616.95
Oct 15, 2019 IBRD-72940 Int Charges 338,159.90
Oct 15, 2019 IBRD-72940 Loan Repay 1,927,945.10
Apr 15, 2020 IBRD-72940 Int Charges 239,984.25
Apr 15, 2020 IBRD-72940 Loan Repay 1,927,945.10
Oct 15, 2020 IBRD-72940 Int Charges 144,767.45
Oct 15, 2020 IBRD-72940 Loan Repay 1,927,945.10
Apr 19, 2021 IBRD-72940 Int Charges 43,767.24
Apr 19, 2021 IBRD-72940 Loan Repay 1,927,945.10
Oct 15, 2021 IBRD-72940 Int Charges 100.69
Oct 15, 2021 IBRD-72940 Int Charges 36,761.07
Oct 15, 2021 IBRD-72940 Loan Repay 1,927,945.10
Oct 15, 2022 IBRD-72940 Int Charges 289.19
Oct 15, 2022 IBRD-72940 Int Charges 105,505.74
Oct 15, 2022 IBRD-72940 Loan Repay 1,927,945.10
Apr 18, 2022 IBRD-72940 Int Charges 27,896.76
Apr 18, 2022 IBRD-72940 Loan Repay 1,927,945.10
Oct 15, 2023 IBRD-72940 Int Charges 5,955.21
Oct 15, 2023 IBRD-72940 Int Charges 216,915.25
Oct 15, 2023 IBRD-72940 Loan Repay 1,927,945.10
May 5, 2023 IBRD-72940 Int Charges 232,540.98
May 5, 2023 IBRD-72940 Loan Repay 1,927,945.10
Apr 15, 2024 IBRD-72940 Loan Repay 1,927,945.10
Apr 15, 2024 IBRD-72940 Int Charges 176,248.98
Oct 15, 2014 IBRD-72940 Loan Repay 1,927,945.10

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name Review Date
Progress towards achievement of PDO Moderately Satisfactory 2011-12-24
Overall Implementation Progress (IP) Satisfactory 2011-12-24
Counterpart Funding Satisfactory 2011-12-24
Project Management Satisfactory 2011-12-24
Monitoring and Evaluation Satisfactory 2011-12-24
Procurement Satisfactory 2011-12-24
Financial Management Moderately Satisfactory 2011-12-24

COMPLETION RATINGS

INDICATORIMPLEMENTATION COMPLETION & RESULTS REPORT: 06-27-2012
OutcomesSubstantial
Risk to Development OutcomeModest
Bank PerformanceSubstantial
Borrower PerformanceModerately Satisfactory
Government PerformanceSubstantial
Implementing AgencyModerately Satisfactory

INDEPENDENT EVALUATION RATINGS

INDICATORICR REVIEW: 01-14-2013PROJECT PERFORMANCE ASSESSMENT REPORT:
Outcome RatingSatisfactory N/a
Risk To Development OutcomeHighN/a
Bank PerformanceModerately SatisfactoryN/a
Borrower PerformanceModerately SatisfactoryN/a
Government PerformanceModerately SatisfactoryN/a
Implementing AgencyModerately SatisfactoryN/a
Icr QualitySatisfactoryN/a
M&e QualitySubstantialN/a

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATORBASELINECURRENTTARGET
  • Improved efficiency of fuel use per kWh of electricity generated through Economic Dispatch and reduced transmission losses.Value353 grams of fuel per kWh generated electricity (2317.6 grams of equivalent fuel (with heat rate 7ca0.5% fuel reduction per kWh produced in 2009; 1.5%
    DateDecember 31, 2007November 7, 2011December 30, 2011
    CommentThis target has been achieved in part due to the rehabilitation of generating plants, greater efficiencies will be achieved oncethe new SCADA is in operation.
  • Improved quality of electricity supply with respect to frequency and voltage levels.ValueFrequency fluctuations outside 50 Hz +/-0.5 Hz. VoFrequency fluctuations outside 50 Hz +/-0.5 Hz. VoFrequency 50 Hz+/-0.5 Hz. Voltage within band +5%/
    DateSeptember 13, 2006November 7, 2011December 30, 2011
    CommentThis target has been fully achieved.
  • Azerenerji's financial position strengthened (i.e. need for Govt. financial support reduced/eliminated.ValueUSD400 million subsidy from the state (2004).Reduction of state subsidy in progress.No state subsidies to Azerenerji.
    DateDecember 31, 2004November 7, 2011December 30, 2011
    Comment

INTERMEDIATE RESULTS INDICATORS

INDICATORBASELINECURRENTTARGET
  • Wholesale payment collections in full.ValuePayment collections (wholesale level) 50% (2004).Wholesale collections at 76% in 2006, 61% in 2007,100% wholesale payment collections in 2010.
    DateSeptember 13, 2006November 7, 2011December 30, 2011
    CommentThis has been fully achieved.
  • Tariffs to increase to cover full costs.ValueTariffs covering 64% of costs (2004).Based on the audited income statement 2009, with fTariffs covering 100% of costs by 2010.
    DateSeptember 13, 2006November 7, 2011December 30, 2011
    CommentNone
  • Transmission grid forced outages reduced.ValueMajor events/yr: 97 (2004) Lost load/yr: 63,760 MWDetailed data collection is ongoing and results seNot specified in PAD. Set target: Half of 2004.
    DateDecember 31, 2004November 7, 2011December 30, 2011
    CommentPending operation of SCADA.