PE Rural Electrification

Abstract*

The objective of the Rural Electrification Project is to increase access to efficient and sustainable electricity services in rural areas of Peru. The project's global environmental objective is to achieve reduction of greenhouse gas emissions through use of renewable energy in rural areas for provision of electricity. The Project has five main components: (a) investment in rural electrification sub-projects by private and state-owned enterprises... Show More

Development Objective

The objective of the proposed Project is to increase access to efficient and sustainable electricity services in rural areas of Peru.

Key Details

Project Details

Project ID
P090116
Status
Closed
Team Leader
Janina Franco Salazar
Borrower 2
N/A

Country
Peru
Disclosure Date
August 9, 2004
Approval Date
(as of board presentation)
March 7, 2006
Effective Date
August 10, 2006

Total Project Cost 1
US$ 100.00 million
Implementing Agency
N/A
Region
Latin America and Caribbean
Fiscal Year 3
2006

Commitment Amount
US$ 50.00 million
Environmental Category
B
Environmental and Social Risk
Not Applicable
Closing Date
June 30, 2013

Last Stage Reached
BANK APPROVED
Last Update Date
January 15, 2013

Associated Projects
P090110

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 - Private Sector Development

FY17 - Business Enabling Environment25%
- FY17 - Regulation and Competition Policy25%
FY17 - Jobs8%
- FY17 - Job Creation8%
FY17 - Public Private Partnerships10%

FY17 - Urban and Rural Development

FY17 - Rural Development57%
- FY17 - Rural Infrastructure and service delivery57%
FY17 - Urban Development8%
- FY17 - Urban Infrastructure and Service Delivery8%

Project Map

Interactive Map

Finances

Financing Plan (US$ Millions)

Financier	Commitments
International Bank for Reconstruction and Development	50.00
Borrower/Recipient	50.00

Total Project Financing (US$ Millions)

Product Line	IBRD/IDA
IBRD Commitment	50.00
IDA Commitment	N/A
IBRD + IDA Commitment	50.00

Lending Instrument
Grant Amount	N/A
Total Project Cost**	100.00

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

No data available.

Detailed Financial Activity as of July 31, 2025

Download:

Period	Financier	Transaction Type	Amount (US$)
Oct 15, 2014	IBRD-73660	Int Charges	142,959.34
Mar 7, 2006	IBRD-73660	Loan Commitment	50,000,000.00
Oct 23, 2013	IBRD-73660	Loan Disb	-1,325.52
Oct 15, 2013	IBRD-73660	Int Charges	173,240.20
Oct 23, 2013	IBRD-73660	Loan Disb	-51,171.24
Apr 15, 2014	IBRD-73660	Int Charges	2.88
Apr 15, 2014	IBRD-73660	Int Charges	152,162.70
Oct 15, 2015	IBRD-73660	Int Charges	164,161.60
Apr 29, 2015	IBRD-73660	Loan Cancel	442,258.00
Apr 15, 2015	IBRD-73660	Int Charges	142,178.16
Apr 29, 2015	IBRD-73660	Loan Disb	-442,258.00
Oct 15, 2016	IBRD-73660	Loan Repay	14,668,981.00
Oct 15, 2016	IBRD-73660	Int Charges	257,257.28
Apr 15, 2016	IBRD-73660	Int Charges	191,389.45
Apr 15, 2016	IBRD-73660	Loan Repay	4,889,660.50
Apr 15, 2017	IBRD-73660	Int Charges	223,962.77
Apr 15, 2017	IBRD-73660	Loan Repay	29,337,962.00
Oct 31, 2013	IBRD-73660	Loan Cancel	52,496.76

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name	Review	Date
Financial Management	Satisfactory	2013-07-07
Procurement	Satisfactory	2013-07-07
Project Management	Moderately Satisfactory	2013-07-07
Progress towards achievement of PDO	Moderately Satisfactory	2013-07-07
Monitoring and Evaluation	Moderately Satisfactory	2013-07-07
Overall Implementation Progress (IP)	Moderately Satisfactory	2013-07-07
Counterpart Funding	Satisfactory	2013-07-07

COMPLETION RATINGS

INDICATOR	IMPLEMENTATION COMPLETION & RESULTS REPORT: 12-27-2013
Outcomes	Moderately Satisfactory
Risk to Development Outcome	Negligible
Bank Performance	Moderately Satisfactory
Borrower Performance	Moderately Satisfactory
Government Performance	Substantial
Implementing Agency	Moderately Satisfactory

INDEPENDENT EVALUATION RATINGS

INDICATOR	ICR REVIEW: 09-01-2017	PROJECT PERFORMANCE ASSESSMENT REPORT: 06-17-2015
Outcome Rating	Satisfactory	Satisfactory
Risk To Development Outcome	Negligible	Negligible To Low
Bank Performance	Moderately Satisfactory	Moderately Satisfactory
Borrower Performance	Satisfactory	Moderately Satisfactory
Government Performance	Not Rated	Moderately Satisfactory
Implementing Agency	Moderately Satisfactory	Moderately Satisfactory
Icr Quality	Not Rated	Satisfactory
M&e Quality	Substantial	Substantial

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATOR		BASELINE	CURRENT	TARGET

Number of new connections outside existing concession areas	Value	0	90,733 actually installed during construction,cap	160,000
	Date	February 7, 2006	June 15, 2013	June 30, 2013
	Comment		Note that until June 2012, the Bank team was reporting total capacity installed for new connections. In Oct 2012, the teamreported actual connections during construction. This ISR reports both. To be discussed in ICR.

Increase in MWh/year of electricity consumed for productive uses in target areas (MWh/Year) Value 0 18,800 18,000
Date February 7, 2006 June 15, 2013 June 30, 2013
Comment

INTERMEDIATE RESULTS INDICATORS

INDICATOR		BASELINE	CURRENT	TARGET

Investments by service providers in rural electrification outside concession (USD million) Value 0 28.25 23
Date February 7, 2006 June 15, 2013 June 30, 2013
Comment

Issuance of norms, regulations and guidelines and their adoption for all rural electrification projects- for conventional grids- for renewable systems	Value	None	-- conventional 75%renewable systems 100%	100%
	Date	February 7, 2006	June 15, 2013	June 30, 2013
	Comment		The Project was key in obtaining regulatory approval for: (a) national tariffs for regulated service using PV systems; (b) accessto FOSE for regulated customers using PV systems: (c) Specific modifications to norms for rural grid extension.

Increase in number of enterprises adopting electricity using equipment Value 0 19,900 9,000
Date February 7, 2006 June 15, 2013 June 30, 2013
Comment

Number of proposals approved for financing- Conventional grids- Renewable systems	Value	0	Total: 63Conventional: 54	Total: 81Conventional: 67Renewable: 14
	Date	February 7, 2006	June 15, 2013	June 30, 2013
	Comment

Increase in investment in electricity using equipment (US$ millions) Value 0 14 1.81
Date February 7, 2006 June 15, 2013 June 30, 2013
Comment
Investments by service providers in rural electrification outside concession (USD million) Value 0 28.25 23
Date February 7, 2006 June 15, 2013 June 30, 2013
Comment
Number of new connections served by renewable energy Value 0 7,100 20,000
Date February 7, 2006 June 15, 2013 June 30, 2013
Comment

Increase in MWh/year of electricity consumed for productive uses in target areas (MWh/Year)	Value	0	18,800	18,000
	Date	February 7, 2006	June 15, 2013	June 30, 2013
	Comment

Investments by service providers in rural electrification outside concession (USD million)	Value	0	28.25	23
	Date	February 7, 2006	June 15, 2013	June 30, 2013
	Comment

Increase in number of enterprises adopting electricity using equipment	Value	0	19,900	9,000
	Date	February 7, 2006	June 15, 2013	June 30, 2013
	Comment

Increase in investment in electricity using equipment (US$ millions)	Value	0	14	1.81
	Date	February 7, 2006	June 15, 2013	June 30, 2013
	Comment

Number of new connections served by renewable energy	Value	0	7,100	20,000
	Date	February 7, 2006	June 15, 2013	June 30, 2013
	Comment