Solomon Islands Sustainable Energy

Abstract*

The objective of the Sustainable Energy Project for Solomon Islands is to improve operational efficiency, system reliability and financial sustainability of Solomon Islands Electricity Authority (SIEA) through: improved financial and operational management, reduction of losses, and increased revenue collection. The project consist of the following three components: (i) strengthen management, which consist of engagement of two professional utility... Show More

Development Objective

The objective of the project is to improve operational efficiency, system reliability and financial sustainability of SIEA.

Key Details

Project Details

Project ID
P100311
Status
Closed
Team Leader
Mitsunori Motohashi
Borrower 2
Ministry of Finance and Treasury

Country
Solomon Islands
Disclosure Date
May 22, 2007
Approval Date
(as of board presentation)
July 8, 2008
Effective Date
June 25, 2009

Total Project Cost 1
US$ 23.90 million
Implementing Agency
Solomon Islands Electricity Authority
Region
East Asia and Pacific
Fiscal Year 3
2009

Commitment Amount
US$ 17.00 million
Environmental Category
B
Last Update Date
March 13, 2020
Closing Date
March 31, 2019

Last Stage Reached
BANK APPROVED

Associated Projects
P146816

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 - Public Sector Management

FY17 - Public Administration33%
- FY17 - Transparency, Accountability and Good Governance33%

FY17 - Urban and Rural Development

FY17 - Urban Development67%
- FY17 - Services and Housing for the Poor67%

Project Map

Interactive Map

Finances

Financing Plan (US$ Millions)

Financier	Commitments
Borrower/Recipient	6.90
IDA Grant	17.00

Total Project Financing (US$ Millions)

Product Line	IBRD/IDA
IBRD Commitment	N/A
IDA Commitment	17.00
IBRD + IDA Commitment	17.00

Lending Instrument
Grant Amount	N/A
Total Project Cost**	23.90

Summary Status of World Bank Financing (US$ Millions) as of February 28, 2025

No data available.

Detailed Financial Activity as of February 28, 2025

Download:

Period	Financier	Transaction Type	Amount (US$)
Sep 18, 2018	IDA-53790	Int Charges	12,674.56
Sep 18, 2018	IDA-53790	Int Charges	12,674.56
Dec 12, 2018	IDA-53790	Loan Disb	448,842.34
Nov 30, 2018	IDA-53790	Loan Disb	59,236.48
Dec 12, 2018	IDA-53790	Loan Disb	70,757.19
Aug 29, 2018	IDA-H9130	Loan Disb	32,042.47
Aug 29, 2018	IDA-H9130	Loan Disb	126,037.16
Dec 12, 2018	IDA-H9130	Loan Disb	21,692.82
Sep 28, 2018	IDA-H9130	Loan Disb	335,130.53
Jan 4, 2019	IDA-53790	Loan Disb	375,326.06
Oct 31, 2018	IDA-H9130	Loan Disb	40,541.19
Oct 19, 2018	IDA-H9130	Loan Disb	38,373.41
Nov 9, 2018	IDA-H9130	Loan Disb	108,836.62
Feb 15, 2019	IDA-53790	Loan Disb	343,481.03
Nov 21, 2018	IDA-H9130	Loan Disb	115,293.02
Apr 20, 2018	IDA-53790	Loan Disb	149,405.61
Dec 21, 2017	IDA-53790	Loan Disb	102,179.80
Mar 1, 2018	IDA-53790	Loan Disb	536,823.30
May 1, 2018	IDA-53790	Loan Disb	488,196.06
Apr 4, 2018	IDA-53790	Loan Cancel	3,302,321.80
Mar 15, 2018	IDA-53790	Int Charges	87.81
Mar 15, 2018	IDA-53790	Int Charges	87.81
Mar 15, 2018	IDA-53790	Int Charges	8,150.76
Mar 15, 2018	IDA-53790	Int Charges	8,150.76
Feb 9, 2018	IDA-53790	Loan Disb	76,706.46
Jun 29, 2018	IDA-H9130	Loan Disb	17,527.63
Jul 5, 2018	IDA-53790	Loan Disb	15,872.23
Jun 2, 2017	IDA-H9130	Loan Disb	64,754.65
Feb 21, 2017	IDA-H9130	Loan Disb	97,355.58
Mar 15, 2023	IDA-53790	Int Charges	228.12
Mar 15, 2023	IDA-53790	Int Charges	228.12
Sep 15, 2023	IDA-53790	Int Charges	272.00
Jun 8, 2016	IDA-H4150	Loan Disb	28,717.02
Jun 3, 2016	IDA-H4150	Loan Disb	10,063.01
Oct 6, 2016	IDA-H9130	Loan Disb	87,935.90
Jan 26, 2017	IDA-53790	Loan Disb	108,971.76
Jun 14, 2016	IDA-H9130	Loan Disb	60,186.41
Nov 2, 2016	IDA-53790	Loan Disb	551,383.44
Feb 27, 2017	IDA-53790	Loan Disb	46,820.69
Apr 26, 2017	IDA-H4150	Loan Disb	14,222.44
Mar 15, 2017	IDA-53790	Int Charges	1,492.55
Mar 15, 2017	IDA-53790	Int Charges	1,492.55
Apr 27, 2017	IDA-53790	Loan Disb	267,276.53
Dec 1, 2016	IDA-H4150	Loan Disb	24,631.03
Sep 16, 2016	IDA-H4150	Loan Disb	-80.86
Nov 25, 2015	IDA-H4150	Loan Disb	10,017.46
Oct 19, 2015	IDA-H4150	Loan Disb	20,085.21
Dec 14, 2015	IDA-H4150	Loan Disb	15,704.06
Aug 28, 2015	IDA-H9130	Loan Disb	100,000.00
Jan 21, 2015	IDA-H4150	Loan Disb	74,515.85
Sep 22, 2014	IDA-H4150	Loan Disb	14,261.10
Sep 15, 2014	IDA-H4150	Loan Disb	-220,245.11
Oct 24, 2013	IDA-H4150	Loan Disb	255,049.20
Oct 29, 2013	IDA-H4150	Loan Disb	124,793.74
Feb 24, 2014	IDA-H4150	Loan Disb	86,518.90
Dec 4, 2014	IDA-H4150	Loan Disb	12,025.74
Aug 5, 2013	IDA-H4150	Loan Disb	46,000.00
Jul 17, 2013	IDA-H4150	Loan Disb	97,330.23
Sep 13, 2013	IDA-H4150	Loan Disb	81,015.11
Aug 21, 2013	IDA-H4150	Loan Disb	196,699.69
Jul 10, 2013	IDA-H4150	Loan Disb	53,999.99
Mar 4, 2014	IDA-H4150	Loan Disb	49,900.01
Oct 16, 2013	IDA-H4150	Loan Disb	80,335.97
Jul 18, 2018	IDA-53790	Loan Disb	100,000.00
Jun 27, 2018	IDA-H9130	Loan Disb	87,406.92
Sep 18, 2018	IDA-53790	Int Charges	320.56
Sep 18, 2018	IDA-53790	Int Charges	320.56
Sep 15, 2023	IDA-53790	Int Charges	272.00
Sep 22, 2023	IDA-53790	Int Charges	18,394.02
Sep 22, 2023	IDA-53790	Int Charges	18,394.02
Sep 15, 2023	IDA-53790	Int Charges	2,185.88
Sep 15, 2023	IDA-53790	Int Charges	2,185.88
Mar 15, 2022	IDA-53790	Int Charges	21.77
Mar 15, 2022	IDA-53790	Int Charges	21.77
Mar 15, 2022	IDA-53790	Int Charges	21,851.07
Mar 15, 2022	IDA-53790	Int Charges	21,851.07
Sep 15, 2022	IDA-53790	Int Charges	453.05
Sep 15, 2022	IDA-53790	Int Charges	453.05
Sep 15, 2022	IDA-53790	Int Charges	20,060.66
Sep 15, 2022	IDA-53790	Int Charges	20,060.66
Mar 15, 2021	IDA-53790	Int Charges	419.49
Mar 15, 2021	IDA-53790	Int Charges	22,629.69
Oct 31, 2017	IDA-H4150	Loan Cancel	105.75
Sep 15, 2017	IDA-53790	Loan Disb	652,990.94
Nov 7, 2017	IDA-53790	Loan Disb	420,143.03
Aug 30, 2017	IDA-H9130	Loan Disb	97,739.70
Sep 20, 2017	IDA-53790	Loan Disb	150,514.38
Nov 29, 2017	IDA-H9130	Loan Disb	42,398.63
Sep 15, 2017	IDA-53790	Int Charges	133.14
Sep 15, 2017	IDA-53790	Int Charges	133.14
Sep 15, 2017	IDA-53790	Int Charges	3,454.59
Sep 15, 2017	IDA-53790	Int Charges	3,454.59
Sep 15, 2021	IDA-53790	Int Charges	22,375.57
Sep 15, 2021	IDA-53790	Int Charges	22,375.57
Sep 15, 2021	IDA-53790	Int Charges	192.34
Sep 15, 2021	IDA-53790	Int Charges	192.34
Mar 15, 2021	IDA-53790	Int Charges	22,629.69
Sep 15, 2020	IDA-53790	Int Charges	52.29
Sep 15, 2020	IDA-53790	Int Charges	52.29
Sep 15, 2020	IDA-53790	Int Charges	21,973.83
Sep 15, 2020	IDA-53790	Int Charges	21,973.83
Mar 15, 2021	IDA-53790	Int Charges	419.49
Sep 26, 2019	IDA-H9130	Loan Disb	-5,478.36
Sep 26, 2019	IDA-53790	Loan Disb	-8,724.74
Sep 15, 2019	IDA-53790	Int Charges	289.89
Sep 15, 2019	IDA-53790	Int Charges	289.89
Sep 15, 2019	IDA-53790	Int Charges	21,259.82
Sep 15, 2019	IDA-53790	Int Charges	21,259.82
Mar 15, 2020	IDA-53790	Int Charges	21,677.15
Mar 15, 2020	IDA-53790	Int Charges	21,677.15
Mar 15, 2020	IDA-53790	Int Charges	157.45
Mar 15, 2020	IDA-53790	Int Charges	157.45
Jul 29, 2019	IDA-53790	Loan Disb	11,190.90
Feb 12, 2019	IDA-53790	Loan Disb	104,923.56
Mar 28, 2019	IDA-53790	Loan Disb	76,399.11
Mar 15, 2019	IDA-53790	Int Charges	254.18
Mar 15, 2019	IDA-53790	Int Charges	254.18
Mar 15, 2019	IDA-53790	Int Charges	15,783.12
Mar 15, 2019	IDA-53790	Int Charges	15,783.12
Mar 4, 2019	IDA-53790	Loan Disb	51,003.39
Jul 2, 2019	IDA-53790	Loan Disb	56,388.98
Mar 8, 2019	IDA-53790	Loan Disb	193,040.16
May 6, 2019	IDA-53790	Loan Disb	228,424.88
Sep 26, 2019	IDA-53790	Loan Disb	-190.00
May 21, 2019	IDA-53790	Loan Disb	39,696.99
Mar 27, 2019	IDA-53790	Loan Disb	61,735.04
Sep 26, 2019	IDA-53790	Loan Cancel	955,979.70
Sep 26, 2019	IDA-H9130	Loan Cancel	5,478.36
Aug 1, 2019	IDA-53790	Loan Disb	14,392.72
Jul 24, 2018	IDA-H9130	Loan Disb	60,250.40
Sep 5, 2018	IDA-H9130	Loan Disb	79,020.50
Jul 24, 2018	IDA-H9130	Loan Disb	242,706.60
Sep 5, 2018	IDA-H9130	Loan Disb	98,987.20
Jul 23, 2018	IDA-53790	Loan Disb	132,732.72
Jul 8, 2008	IDA-H4150	Loan Commitment	4,000,000.00
Mar 15, 2024	IDA-53790	Int Charges	605.98
Mar 15, 2024	IDA-53790	Int Charges	605.98
Mar 15, 2024	IDA-53790	Int Charges	20,488.96
Mar 15, 2024	IDA-53790	Int Charges	20,488.96
Mar 21, 2014	IDA-53790	Loan Commitment	11,000,000.00
Mar 21, 2014	IDA-H9130	Loan Commitment	2,000,000.00
Mar 15, 2023	IDA-53790	Int Charges	20,861.12
Mar 15, 2023	IDA-53790	Int Charges	20,861.12

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name	Review	Date
Project Management	Moderately Satisfactory	2019-04-02
Progress towards achievement of PDO	Moderately Satisfactory	2019-04-02
Financial Management	Moderately Satisfactory	2019-04-02
Monitoring and Evaluation	Moderately Satisfactory	2019-04-02
Counterpart Funding	Moderately Satisfactory	2019-04-02
Overall Implementation Progress (IP)	Moderately Satisfactory	2019-04-02
Procurement	Moderately Satisfactory	2019-04-02
Overall Safeguards Rating	Satisfactory	2019-04-02

COMPLETION RATINGS

INDICATOR	IMPLEMENTATION COMPLETION & RESULTS REPORT: 11-11-2019
Outcomes	Substantial
Risk to Development Outcome
Bank Performance	Moderately Satisfactory
Borrower Performance
Government Performance
Implementing Agency

INDEPENDENT EVALUATION RATINGS

INDICATOR	ICR REVIEW: 07-17-2020	PROJECT PERFORMANCE ASSESSMENT REPORT:
Outcome Rating	Satisfactory	N/a
Risk To Development Outcome		N/a
Bank Performance	Moderately Satisfactory	N/a
Borrower Performance		N/a
Government Performance	Not Rated	N/a
Implementing Agency		N/a
Icr Quality	Modest	N/a
M&e Quality	Modest	N/a

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATOR		BASELINE	CURRENT	TARGET

Quarterly financial management reports, and rolling projections for SIEA performance within 14 days after end of each quarter Value N Y
Date December 31, 2007 March 31, 2019
Comment
Number of days between due date of customer bill, and if not paid, notice of arrears Value 365.00 15.00 0.00
Date December 31, 2007 March 31, 2019
Comment
System Average Interruption Duration Index (SAIDI) Value 51840.00 848.70 2000.00
Date December 31, 2007 June 29, 2018 March 31, 2019
Comment
System Average Interruption Frequency Index (SAIFI) Value 816.00 17.50 85.00
Date December 31, 2007 March 31, 2019 March 31, 2019
Comment
System losses Value 27.00 17.30 18.00
Date December 31, 2007 June 29, 2018 March 31, 2019
Comment
Average number of debtor days to collect billed revenue Value 360.00 33.61 35.00
Date December 31, 2007 March 31, 2019 March 31, 2019
Comment
Collection ratio Value 72.00 60.00 70.00
Date December 31, 2007 June 29, 2018 March 31, 2019
Comment
Revenue per Kwh generated Value SB$ 1.39/KWh SB$ 4.64/KWh SB$ 4.5/KWH
Date June 30, 2008 June 29, 2018 March 31, 2019
Comment

INTERMEDIATE RESULTS INDICATORS

INDICATOR		BASELINE	CURRENT	TARGET

Net Profit before tax Value Loss SB$ 44M SB$ 80.1M Profit SB$ 98M
Date June 30, 2008 December 31, 2018 December 31, 2018
Comment
Commissioning of one 12MVA transformer at Lungga Power Station Value N Y
Date February 13, 2014 March 31, 2019
Comment
Commissioning of 5MVA 33kV/11kV transformer and a second 33 kV switchboard at Ranadi Value N Y
Date February 13, 2014 January 15, 2018
Comment
Kola'a Ridge 33/11kV substation commissioned with one 7.5MVA transformer Value N Y
Date February 13, 2014 March 31, 2019
Comment
Feeder 12 load relocated from Lungga 11kV generation bus to East Honiara Substation Value N Y
Date February 13, 2014 March 31, 2019
Comment

Quarterly financial management reports, and rolling projections for SIEA performance within 14 days after end of each quarter	Value	N	Y
	Date	December 31, 2007	March 31, 2019
	Comment

Number of days between due date of customer bill, and if not paid, notice of arrears	Value	365.00	15.00	0.00
	Date	December 31, 2007	March 31, 2019
	Comment

System Average Interruption Duration Index (SAIDI)	Value	51840.00	848.70	2000.00
	Date	December 31, 2007	June 29, 2018	March 31, 2019
	Comment

System Average Interruption Frequency Index (SAIFI)	Value	816.00	17.50	85.00
	Date	December 31, 2007	March 31, 2019	March 31, 2019
	Comment

System losses	Value	27.00	17.30	18.00
	Date	December 31, 2007	June 29, 2018	March 31, 2019
	Comment

Average number of debtor days to collect billed revenue	Value	360.00	33.61	35.00
	Date	December 31, 2007	March 31, 2019	March 31, 2019
	Comment

Collection ratio	Value	72.00	60.00	70.00
	Date	December 31, 2007	June 29, 2018	March 31, 2019
	Comment

Revenue per Kwh generated	Value	SB$ 1.39/KWh	SB$ 4.64/KWh	SB$ 4.5/KWH
	Date	June 30, 2008	June 29, 2018	March 31, 2019
	Comment

Net Profit before tax	Value	Loss SB$ 44M	SB$ 80.1M	Profit SB$ 98M
	Date	June 30, 2008	December 31, 2018	December 31, 2018
	Comment

Kola'a Ridge 33/11kV substation commissioned with one 7.5MVA transformer	Value	N	Y
	Date	February 13, 2014	March 31, 2019
	Comment

Feeder 12 load relocated from Lungga 11kV generation bus to East Honiara Substation	Value	N	Y
	Date	February 13, 2014	March 31, 2019
	Comment