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Energy Community of South East Europe (ECSEE) APL3-Bosnia and Herzegovina Project

Abstract*

The countries of South East Europe, including Bosnia and Herzegovina, and the European Commission are cooperating to develop a regional energy market, the Energy Community of South East Europe (ECSEE) and integrate it into the internal energy market of the European Union. The Energy Community of South East Europe (APL 3) Program Project facilitates Bosnia and Herzegovina's participation in the ECSEE through investments to improve dam safety; reduce...

* 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 countries of South East Europe, including Bosnia and Herzegovina, and the European Commission are cooperating to develop a regional energy market, the Energy Community of South East Europe (ECSEE) and integrate it into the internal energy market of the European Union. The objective of the project is to facilitate BiH's participation in ECSEE through investments to: (i) improve dam safety;(ii) reduce adverse environmental impacts at thermal power stations; (iii) replace ageing existing facilities and equipment at hydropower and thermal power stations; (iv) rehabilitate distribution systems and introduce distribution Supervisory Control and Data Acquisition (SCADA) systems, (v) establish a market operation system, (vi) provide hardware and software to improve the financial management information systems of the Elektroprivredas; and through technical assistance to facilitate project implementation, and determine the best way to reduce sulfur dioxide and nitrogen oxide emissions at a power plant.

Key Details

Project Details

  • P090666

  • Closed

  • Mohinder P. Gulati

  • N/A

  • Bosnia and Herzegovina

  • December 1, 2005

  • (as of board presentation)

    June 16, 2006

  • April 13, 2007

  • US$ 263.77 million

  • B

  • Not Applicable

  • June 30, 2012

  • BANK APPROVED

  • April 18, 2013

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
European Bank for Reconstruction and Development 66.98
GERMANY: KREDITANSTALT FUR WIEDERAUFBAU (KFW) 44.89
Borrower/Recipient 8.64
EC: European Investment Bank 115.90
IDA Credit 36.00

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment N/A
IDA Commitment 36.00
IBRD + IDA Commitment 36.00
Lending Instrument
Grant Amount 227.77
Total Project Cost** 272.41

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

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

Detailed Financial Activity as of July 31, 2025

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No data available.
Period Financier Transaction Type Amount (US$)
Mar 15, 2022 IDA-41970 Loan Repay 1,720,854.10
Mar 15, 2022 IDA-41970 Int Charges 22,699.90
Mar 15, 2022 IDA-41970 Int Charges 22,699.90
Mar 15, 2022 IDA-41970 Int Charges 346.78
Mar 15, 2022 IDA-41970 Int Charges 346.78
Sep 15, 2022 IDA-41970 Int Charges 33,213.60
Sep 15, 2022 IDA-41970 Int Charges 33,213.60
Sep 15, 2022 IDA-41970 Loan Repay 1,615,531.60
Sep 15, 2022 IDA-41970 Int Charges 48,465.97
Sep 15, 2022 IDA-41970 Int Charges 48,465.97
Mar 15, 2023 IDA-41970 Int Charges 35,960.88
Mar 15, 2023 IDA-41970 Int Charges 35,960.88
Mar 15, 2023 IDA-41970 Loan Repay 5,745.78
Mar 15, 2023 IDA-41970 Loan Repay 1,655,111.20
Mar 15, 2024 IDA-41970 Int Charges 37,379.40
Mar 15, 2024 IDA-41970 Int Charges 37,379.40
Sep 15, 2023 IDA-41970 Loan Repay 1,640,868.40
Sep 15, 2023 IDA-41970 Int Charges 7,564.82
Sep 15, 2023 IDA-41970 Int Charges 7,564.82
Jun 16, 2006 IDA-41970 Loan Commitment 36,000,000.00
Mar 15, 2024 IDA-41970 Loan Repay 1,661,306.10
Mar 15, 2024 IDA-41970 Int Charges 28,281.01
Mar 15, 2024 IDA-41970 Int Charges 28,281.01
Mar 15, 2024 IDA-41970 Loan Repay 4,411.35
Sep 15, 2013 IDA-41970 Int Charges 21.08
Sep 15, 2013 IDA-41970 Int Charges 21.08
Mar 15, 2014 IDA-41970 Int Charges 972.41
Mar 15, 2014 IDA-41970 Int Charges 972.41
Mar 15, 2014 IDA-41970 Int Charges 144,140.81
Mar 15, 2014 IDA-41970 Int Charges 144,140.81
Sep 15, 2013 IDA-41970 Int Charges 142,133.02
Sep 15, 2013 IDA-41970 Int Charges 142,133.02
Mar 15, 2015 IDA-41970 Int Charges 2,761.57
Mar 15, 2015 IDA-41970 Int Charges 2,761.57
Mar 15, 2015 IDA-41970 Int Charges 120,714.41
Mar 15, 2015 IDA-41970 Int Charges 120,714.41
Sep 15, 2014 IDA-41970 Int Charges 1,247.24
Sep 15, 2014 IDA-41970 Int Charges 1,247.24
Sep 15, 2014 IDA-41970 Int Charges 136,062.52
Sep 15, 2014 IDA-41970 Int Charges 136,062.52
Sep 15, 2015 IDA-41970 Int Charges 131,980.66
Sep 15, 2015 IDA-41970 Int Charges 131,980.66
Sep 15, 2015 IDA-41970 Int Charges 7,780.18
Sep 15, 2015 IDA-41970 Int Charges 7,780.18
Mar 15, 2016 IDA-41970 Int Charges 2,260.66
Mar 15, 2016 IDA-41970 Int Charges 2,260.66
Mar 15, 2016 IDA-41970 Int Charges 128,151.76
Mar 15, 2016 IDA-41970 Int Charges 128,151.76
Sep 15, 2016 IDA-41970 Int Charges 131,027.17
Sep 15, 2016 IDA-41970 Int Charges 131,027.17
Sep 15, 2016 IDA-41970 Loan Repay 1,236.56
Sep 15, 2016 IDA-41970 Loan Repay 1,745,792.20
Mar 15, 2017 IDA-41970 Loan Repay 1,675,679.00
Mar 15, 2017 IDA-41970 Loan Repay 8,083.93
Sep 15, 2017 IDA-41970 Int Charges 1,610.70
Sep 15, 2017 IDA-41970 Int Charges 1,610.70
Sep 15, 2017 IDA-41970 Loan Repay 1,776,347.50
Sep 15, 2017 IDA-41970 Int Charges 119,903.48
Sep 15, 2017 IDA-41970 Int Charges 119,903.48
Mar 15, 2017 IDA-41970 Int Charges 118,441.38
Mar 15, 2017 IDA-41970 Int Charges 118,441.38
Sep 15, 2018 IDA-41970 Int Charges 9,953.24
Sep 15, 2018 IDA-41970 Int Charges 9,953.24
Sep 15, 2018 IDA-41970 Loan Repay 1,750,010.60
Mar 15, 2018 IDA-41970 Loan Repay 1,768,984.00
Mar 15, 2018 IDA-41970 Int Charges 105,274.63
Mar 15, 2018 IDA-41970 Int Charges 105,274.63
Mar 15, 2018 IDA-41970 Loan Repay 44,142.72
Mar 15, 2019 IDA-41970 Loan Repay 11,030.92
Sep 15, 2018 IDA-41970 Int Charges 105,000.60
Sep 15, 2018 IDA-41970 Int Charges 105,000.60
Mar 15, 2019 IDA-41970 Loan Repay 1,726,079.50
Mar 15, 2019 IDA-41970 Int Charges 83,438.94
Mar 15, 2019 IDA-41970 Int Charges 83,438.94
Sep 15, 2019 IDA-41970 Int Charges 14,076.79
Sep 15, 2019 IDA-41970 Int Charges 14,076.79
Sep 15, 2019 IDA-41970 Loan Repay 1,713,168.90
Sep 15, 2019 IDA-41970 Int Charges 74,949.20
Mar 15, 2020 IDA-41970 Int Charges 15,046.63
Mar 15, 2020 IDA-41970 Int Charges 15,046.63
Mar 15, 2020 IDA-41970 Loan Repay 1,719,394.50
Mar 15, 2020 IDA-41970 Int Charges 83,820.46
Mar 15, 2020 IDA-41970 Int Charges 83,820.46
Sep 15, 2019 IDA-41970 Int Charges 74,949.20
Sep 15, 2020 IDA-41970 Loan Repay 1,760,841.60
Sep 15, 2020 IDA-41970 Int Charges 79,533.12
Sep 15, 2020 IDA-41970 Int Charges 79,533.12
Sep 15, 2020 IDA-41970 Loan Repay 6,560.50
Mar 15, 2021 IDA-41970 Loan Repay 38,590.57
Mar 15, 2021 IDA-41970 Loan Repay 1,743,583.20
Mar 15, 2021 IDA-41970 Int Charges 59,135.44
Mar 15, 2021 IDA-41970 Int Charges 59,135.44
Sep 15, 2021 IDA-41970 Loan Repay 0.01
Sep 15, 2021 IDA-41970 Int Charges -0.01
Sep 15, 2021 IDA-41970 Int Charges -0.01
Sep 15, 2021 IDA-41970 Int Charges 14,354.26
Sep 15, 2021 IDA-41970 Int Charges 14,354.26
Sep 15, 2021 IDA-41970 Loan Repay 1,779,079.80
Sep 15, 2021 IDA-41970 Int Charges 66,356.98
Sep 15, 2021 IDA-41970 Int Charges 66,356.98

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name Review Date
Progress towards achievement of PDO Moderately Satisfactory 2012-06-26
Procurement Satisfactory 2012-06-26
Project Management Satisfactory 2012-06-26
Financial Management Satisfactory 2012-06-26
Monitoring and Evaluation Satisfactory 2012-06-26
Overall Implementation Progress (IP) Moderately Satisfactory 2012-06-26
Counterpart Funding Highly Satisfactory 2012-06-26

COMPLETION RATINGS

INDICATORIMPLEMENTATION COMPLETION & RESULTS REPORT: 05-07-2013
OutcomesModerately Satisfactory
Risk to Development OutcomeModest
Bank PerformanceSubstantial
Borrower PerformanceSubstantial
Government PerformanceSubstantial
Implementing AgencySubstantial

INDEPENDENT EVALUATION RATINGS

INDICATORICR REVIEW: 02-03-2015PROJECT PERFORMANCE ASSESSMENT REPORT:
Outcome RatingModerately Satisfactory N/a
Risk To Development OutcomeModerateN/a
Bank PerformanceModerately SatisfactoryN/a
Borrower PerformanceModerately SatisfactoryN/a
Government PerformanceModerately SatisfactoryN/a
Implementing AgencyModerately SatisfactoryN/a
Icr QualitySatisfactoryN/a
M&e QualityModestN/a

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATORBASELINECURRENTTARGET
  • Market liberalization in the regional marketValue0% in most countiresRegulators have allowed eligible customers to buy Market liberalization in accordance with EC Treaty
    DateJanuary 1, 2007June 1, 2012June 30, 2012
    CommentBecause of the financial crisis, most of the countries in the sub-region have slowed down market liberalization.The end target is beyond the Credit closing date.
  • Electricity generation is maintained at or above base levels in corresponding hydrological conditionsValue12,800 GWhEPBH 7295 GWhEPRS 5298EPHZHB 1395 GWhEqual or greater
    DateDecember 31, 2005June 1, 2012June 30, 2012
    CommentAchieved
  • Environmental Compliance is improved at:1. Kakanj TPP2. Tuzla TPP3. Ugljevik TPP4. Gacko TPPValueNoYesYes
    DateDecember 31, 2005June 1, 2012June 30, 2012
    CommentESP at Kakanj is functioning better than the contracted performance levels and has helped improve air quality in the vicinity asregistered by the project supported environmental monitoring system which is fully operational; wastewater treatment, water coolingsystem rehabilitation and ash handling at Ugljevik and Gacko has also helped improve environmental performance through decreasingthe overall environmental impact (emissions) into the environment and through improved and more rational use of natural resources(primarily water). Better coal handling in Tuzla indirectly helps improve environmental performance through improved combustion ofa more homogeneous coal mix.
  • Dam Safety is improved at:1. Grabovica2. Salakovac3. Jablanica4. Rama5. Trebinje II6. Visegrad7. BocacValueNoNoYes
    DateDecember 31, 2005June 11, 2012June 30, 2012
    CommentConsultants have submitted inception, and intermediate reports to the clients; dam safety measures have been recommended andseveral bidding documents prepared that have been used by EIB for procurement to finance the recommended measures as envisaged inthe Project design, i.e. IDA to finance technical assistance and EIB to finance implementation of measures.
  • ISO has Functional Market Operation System.ValueNoNoYes
    DateDecember 31, 2005June 1, 2012June 30, 2012
    CommentThe dispute between the two Entities on the issue of one Transco (and related institutional arrangement for ISO) has deepened. Thedispute is not resolved, and this target is unlikely to be achieved. The market has been established but is not fully functionaldueto the dispute.The target will be achieved only partially.

INTERMEDIATE RESULTS INDICATORS

INDICATORBASELINECURRENTTARGET
  • Progress in implementation of EPRS componentsValue0%60%100%
    DateDecember 31, 2005June 1, 2012June 30, 2012
    CommentSix of ten components have been completed; two others will be completed within six months of closing date. One- largely funded byEPRs will be completed one year after Credit closing date, and the dam safety TA, pragmatically extended until Dec 2013. Contractamendments and variations have not been handled well by EPRS.
  • Progress in implementation of EPBiH components.Value0%80%100%
    DateDecember 31, 2005June 1, 2012June 30, 2012
    CommentAll but two components have been successfully completed; coal handling plant at Tuzla is expected to be completed by June 30, 2012and operational certificate issued by August 2012. Dam safety TA, as agreed with IDA and EIB will continue and be completed byMarch2013.
  • Progress in implementation of EPHZHB components.Value0%100%100%
    DateDecember 31, 2005June 1, 2012June 30, 2012
    CommentEPHZHB has completed the Bank funded FMIS implementation. Dam Safety TA is expected to be completed by June 30, 2012.