| Financier | Commitments |
|---|---|
| Global Environment Facility (GEF) | 4.00 |
| Borrower/Recipient | 5.00 |
Geothermal Power Generation Development
Abstract*
The objective of the Geothermal Power Generation Development Project is to promote the expansion of economic and environmentally friendly geothermal power generation in Indonesia, and to reduce Carbon dioxide (CO2) emissions from the power system. There are four components to the project. The first component is the policy framework for scaling-up the development of geothermal power. This component will assist the Government of Indonesia (GoI) in developing... Show More
Development Objective
The development objective of the proposed project is to promote the expansion of economic and environmentally friendly geothermal power generation in Indonesia, and to reduce CO2 emission from the power system. The project will assist the GoI to prepare and implement its geothermal sector reform program designed to remove the key policy and institutional barriers which presently prevent greater development of geothermal resources, and will assist in the transaction of geothermal power investments.
The global environment objective of the project is to promote on-grid electricity from geothermal sources, reducing the need for coal-based generation capacity and avoiding associated greenhouse gas emissions. The proposed project is expected to have a sizable immediate impact as well as sustained log-term benefits.
Key Details
Project Details
P099757
Closed
Nguyet Anh Pham
N/A
November 8, 2007
(as of board presentation)
May 29, 2008
June 23, 2008
US$ 9.00 million
N/A
2008
US$ 4.00 million
C
February 13, 2013
June 30, 2013
BANK APPROVED
Finances
Financing Plan (US$ Millions)
Total Project Financing (US$ Millions)
| Product Line | IBRD/IDA |
|---|---|
| IBRD Commitment | N/A |
| IDA Commitment | N/A |
| IBRD + IDA Commitment | N/A |
| Lending Instrument | |
|---|---|
| Grant Amount | 4.00 |
| Total Project Cost** | 9.00 |
Summary Status of World Bank Financing (US$ Millions) as of February 28, 2025
No data available.
Detailed Financial Activity as of February 28, 2025
No data available.
Ratings
IMPLEMENTATION RATINGS
| Name | Review | Date |
|---|---|---|
| Monitoring and Evaluation | Moderately Satisfactory | 2013-06-25 |
| Summary Global Objective Rating | Unsatisfactory | 2013-06-25 |
| Procurement | Moderately Unsatisfactory | 2013-06-25 |
| Counterpart Funding | Satisfactory | 2013-06-25 |
| Overall Implementation Progress (IP) | Unsatisfactory | 2013-06-25 |
| Project Management | Unsatisfactory | 2013-06-25 |
| Financial Management | Moderately Unsatisfactory | 2013-06-25 |
COMPLETION RATINGS
| INDICATOR | IMPLEMENTATION COMPLETION & RESULTS REPORT: 12-30-2013 |
|---|---|
| Outcomes | |
| Risk to Development Outcome | Substantial |
| Bank Performance | |
| Borrower Performance | |
| Government Performance | |
| Implementing Agency |
INDEPENDENT EVALUATION RATINGS
| INDICATOR | ICR REVIEW: 10-14-2014 | PROJECT PERFORMANCE ASSESSMENT REPORT: |
|---|---|---|
| Outcome Rating | Unsatisfactory | N/a |
| Risk To Development Outcome | High | N/a |
| Bank Performance | Unsatisfactory | N/a |
| Borrower Performance | Moderately Unsatisfactory | N/a |
| Government Performance | Moderately Unsatisfactory | N/a |
| Implementing Agency | Moderately Unsatisfactory | N/a |
| Icr Quality | Satisfactory | N/a |
| M&e Quality | Modest | N/a |
Results Framework
PROJECT DEVELOPMENT OBJECTIVE INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
INTERMEDIATE RESULTS INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
Relevant agencies for undertaking geothermal transactions trained through on-the-job programs as well as 5-10 workshops and seminars Value N/A Achieved 7 workshops held Date May 29, 2008 June 10, 2013 June 30, 2013 Comment Several workshops were organized on pricing isues Achieved Awareness raising and information dissemination activities about sector policies and business opportunities conducted through promotional campaigns including 5-10 stakeholder dialogue seminars Value N/A Canceled 7 workshops held Date May 29, 2008 June 10, 2013 June 30, 2013 Comment MEMR uses its own resources for the awareness program Strategy for domestic geothermal technology development formulated Value N/A Partially achieved. Strategy drafted Date May 29, 2008 June 10, 2013 June 30, 2013 Comment Alternate approach whereby World Bank has assisted PGE, largest public geothermal developer, with separate capacity building grantto enhance its efficiency and reduce costs by meeting industry and international standards. This has been successfully completedwith the preparation of three projects. Private developers are not expected to need such assistance. Installed geothermal power capacity (including financial closure) resulting from the investment transactions assisted by the Project Value 0.00 0.00 350.00 Date June 10, 2013 June 30, 2013 Comment No investment transactions supported by the project. The previous values were deleted as it was not supported by the project.Thetarget is unlikely to be achieved. Reduction CO2 emissions by off-setting fossil fuel based power generation (i.e. coal) with geothermal power Value 0.00 0.00 2000000.00 Date June 10, 2013 June 30, 2013 Comment No reduction of CO2 emission is expected as no investment transactions supported by the project. The target is unlilkely to beachieved. Pricing mechanism to provide adequate economic incentive developed Value N/A FIT mechanism issued in August 2012, but not appl Pricing mechanism applied in transactions Date May 29, 2008 June 10, 2013 June 30, 2013 Comment The regulation is under revision by MEMR. It is not clear whether the new pricing mechanism will provide adequate incentives Upstream resource risk mitigation mechanism developed Value N/A Achieved Implementation arrangement developed Date May 29, 2008 June 10, 2013 June 30, 2013 Comment MOF established Geothermal Funds to support upstream exploration activities using its own funds. Likely to be achieved Implementation regulations of the Geothermal Law issued Value N/A Achieved Date May 29, 2008 June 10, 2013 June 30, 2013 Comment Regulation GR59 is already issued.Promulgated Model procedures and standardized documentation for competitive bidding of geothermal power transactions developed Value N/A Completed Applied Date May 29, 2008 June 10, 2013 June 30, 2013 Comment Documentation developed, but no transaction has been conducted to apply it. Potential change in regulation may require revision of the documents. Structure offers to mobilize investments for additional geothermal power in fields that are controlled by existing operators Value N/A Not applicable Target Achieved Date May 29, 2008 June 10, 2013 June 30, 2013 Comment Await revision of pricing decision Develop and implement a pilot transaction for one power project in a new geothermal field competitively tendered based on the Geothermal Law Value N/A Not applicable Target achieved Date May 29, 2008 June 10, 2013 June 30, 2013 Comment No transactions have taken place as the revision of the geothermal law is still pending to allow any new geothermal tendering.