| Financier | Commitments |
|---|---|
| IDA Credit | 9.00 |
| Borrower/Recipient | 7.50 |
Energy Community of South East Europe APL 3 - Montenegro Project
Abstract*
The objective of the Energy Community of South East Europe Third Adaptable Program Loan (ECSEE APL3) Project in Montenegro is to improve the efficiency and reliability of the power system in Montenegro, through better supply security and closer integration into the regional markets. It will consist of three components. Component 1, telecommunications system development, focuses on development of a modern telecommunications network, including links... Show More
Development Objective
The objective of ECSEE APL is the development of a functioning regional electricity market in South East Europe and its integration into the internal electricity market of the European Union, through the implementation of priority investments supporting electricity market and power system operations in electricity generation, transmission and distribution as well as technical assistance for institutional/systems development and project preparation and implementation. Within the overall ECSEE APL objectives/context, this project (ECSEE APL 3 - Montenegro) would provide investment support to EPCG, the Electric Power Utility of Montenegro. Specifically, the objective of the ECSEE APL3-Montenegro project is to improve the efficiency and reliability of the power system in Montenegro, through better supply security and closer integration into the regional markets. The ECSEE APL 3 - Montenegro Project consists of the following components: I. Telecommunications System Development II. Transmission Network Reinforcement III. Improvement of Operational Reliability of Perucica HPP
Key Details
Project Details
P106899
Closed
Gazmend Daci
N/A
July 6, 2007
(as of board presentation)
July 6, 2007
January 28, 2008
US$ 16.50 million
N/A
2008
US$ 9.00 million
B
October 2, 2023
September 30, 2013
BANK APPROVED
Finances
Financing Plan (US$ Millions)
Total Project Financing (US$ Millions)
| Product Line | IBRD/IDA |
|---|---|
| IBRD Commitment | N/A |
| IDA Commitment | 9.00 |
| IBRD + IDA Commitment | 9.00 |
| Lending Instrument | |
|---|---|
| Grant Amount | N/A |
| Total Project Cost** | 16.50 |
Summary Status of World Bank Financing (US$ Millions) as of February 28, 2025
No data available.
| Period | Financier | Transaction Type | Amount (US$) |
|---|---|---|---|
| May 15, 2018 | IDA-43510 | Int Charges | 21,122.07 |
| May 15, 2018 | IDA-43510 | Int Charges | 480.58 |
| May 15, 2018 | IDA-43510 | Int Charges | 480.58 |
| May 15, 2018 | IDA-43510 | Loan Repay | 415,474.88 |
| Nov 15, 2018 | IDA-43510 | Int Charges | 8,204.07 |
| Nov 15, 2013 | IDA-43510 | Int Charges | 137.83 |
| Nov 15, 2013 | IDA-43510 | Int Charges | 137.83 |
| May 15, 2014 | IDA-43510 | Int Charges | 28.21 |
| May 15, 2014 | IDA-43510 | Int Charges | 28.21 |
| May 15, 2014 | IDA-43510 | Int Charges | 33,268.24 |
| May 15, 2014 | IDA-43510 | Int Charges | 33,268.24 |
| Sep 30, 2013 | IDA-43510 | Loan Disb | 103,429.51 |
| Nov 15, 2013 | IDA-43510 | Int Charges | 31,925.07 |
| Nov 15, 2013 | IDA-43510 | Int Charges | 31,925.07 |
| Nov 15, 2014 | IDA-43510 | Int Charges | 363.04 |
| Nov 15, 2014 | IDA-43510 | Int Charges | 363.04 |
| Nov 15, 2014 | IDA-43510 | Int Charges | 31,508.34 |
| Nov 15, 2014 | IDA-43510 | Int Charges | 31,508.34 |
| Sep 13, 2013 | IDA-43510 | Loan Disb | 6,344.26 |
| Sep 16, 2013 | IDA-43510 | Loan Disb | 12,985.10 |
| Aug 8, 2013 | IDA-43510 | Loan Disb | 142,878.90 |
| Sep 10, 2013 | IDA-43510 | Loan Disb | 67,731.67 |
| Dec 31, 2013 | IDA-43510 | Loan Cancel | 280,157.30 |
| Oct 8, 2013 | IDA-43510 | Loan Disb | 148,782.55 |
| Nov 15, 2023 | IDA-43510 | Loan Repay | 6,089.49 |
| Nov 15, 2023 | IDA-43510 | Loan Repay | 379,751.00 |
| Nov 15, 2023 | IDA-43510 | Int Charges | 11,575.22 |
| Nov 15, 2023 | IDA-43510 | Int Charges | 11,575.22 |
| May 15, 2024 | IDA-43510 | Loan Repay | 5,479.96 |
| May 15, 2024 | IDA-43510 | Loan Repay | 379,479.10 |
| May 15, 2024 | IDA-43510 | Int Charges | 10,105.16 |
| May 15, 2024 | IDA-43510 | Int Charges | 10,105.16 |
| Jul 6, 2007 | IDA-43510 | Loan Commitment | 9,000,000.00 |
| Nov 15, 2022 | IDA-43510 | Int Charges | 8,479.54 |
| Nov 15, 2022 | IDA-43510 | Int Charges | 8,479.54 |
| Nov 15, 2022 | IDA-43510 | Loan Repay | 382,820.90 |
| Nov 15, 2022 | IDA-43510 | Int Charges | 14,355.79 |
| Nov 15, 2022 | IDA-43510 | Int Charges | 14,355.79 |
| May 15, 2023 | IDA-43510 | Loan Repay | 379,314.22 |
| May 15, 2023 | IDA-43510 | Int Charges | 13,182.21 |
| May 15, 2023 | IDA-43510 | Int Charges | 13,182.21 |
| May 15, 2023 | IDA-43510 | Loan Repay | 11,270.91 |
| Nov 15, 2020 | IDA-43510 | Loan Repay | 413,031.28 |
| Nov 15, 2020 | IDA-43510 | Int Charges | 2,038.56 |
| Nov 15, 2020 | IDA-43510 | Int Charges | 2,038.56 |
| Nov 15, 2020 | IDA-43510 | Int Charges | 103.26 |
| Nov 15, 2020 | IDA-43510 | Int Charges | 103.26 |
| Nov 15, 2020 | IDA-43510 | Int Charges | 17,720.36 |
| Nov 15, 2020 | IDA-43510 | Int Charges | 17,720.36 |
| May 15, 2021 | IDA-43510 | Int Charges | 20,402.98 |
| May 15, 2021 | IDA-43510 | Int Charges | 20,402.98 |
| May 15, 2021 | IDA-43510 | Int Charges | 4,016.49 |
| May 15, 2021 | IDA-43510 | Int Charges | 4,016.49 |
| May 15, 2021 | IDA-43510 | Loan Repay | 418,523.56 |
| Nov 15, 2021 | IDA-43510 | Loan Repay | 3,437.16 |
| Nov 15, 2021 | IDA-43510 | Loan Repay | 405,262.56 |
| Nov 15, 2021 | IDA-43510 | Int Charges | 10,997.33 |
| Nov 15, 2021 | IDA-43510 | Int Charges | 10,997.33 |
| May 15, 2022 | IDA-43510 | Int Charges | 7,003.86 |
| May 15, 2022 | IDA-43510 | Int Charges | 7,003.86 |
| May 15, 2022 | IDA-43510 | Loan Repay | 387,126.28 |
| May 15, 2022 | IDA-43510 | Int Charges | 7,394.04 |
| May 15, 2022 | IDA-43510 | Int Charges | 7,394.04 |
| May 15, 2019 | IDA-43510 | Int Charges | 24,008.24 |
| May 15, 2019 | IDA-43510 | Int Charges | 24,008.24 |
| May 15, 2019 | IDA-43510 | Int Charges | 8,068.00 |
| May 15, 2019 | IDA-43510 | Int Charges | 8,068.00 |
| May 15, 2019 | IDA-43510 | Loan Repay | 402,125.30 |
| Nov 15, 2019 | IDA-43510 | Loan Repay | 399,850.44 |
| Nov 15, 2019 | IDA-43510 | Int Charges | 21,315.27 |
| Nov 15, 2019 | IDA-43510 | Int Charges | 21,315.27 |
| Nov 15, 2019 | IDA-43510 | Int Charges | 1,618.03 |
| Nov 15, 2019 | IDA-43510 | Int Charges | 1,618.03 |
| May 27, 2020 | IDA-43510 | Int Charges | 20,405.49 |
| May 27, 2020 | IDA-43510 | Int Charges | 20,405.49 |
| May 27, 2020 | IDA-43510 | Int Charges | 2,661.08 |
| May 27, 2020 | IDA-43510 | Int Charges | 2,661.08 |
| May 27, 2020 | IDA-43510 | Loan Repay | 397,657.00 |
| Nov 15, 2017 | IDA-43510 | Loan Repay | 410,475.97 |
| Nov 15, 2017 | IDA-43510 | Int Charges | 30,351.80 |
| Nov 15, 2017 | IDA-43510 | Int Charges | 30,351.80 |
| Nov 15, 2017 | IDA-43510 | Loan Repay | 553.90 |
| May 15, 2018 | IDA-43510 | Int Charges | 21,122.07 |
| Nov 15, 2018 | IDA-43510 | Int Charges | 8,204.07 |
| Nov 15, 2018 | IDA-43510 | Loan Repay | 401,933.30 |
| Nov 15, 2018 | IDA-43510 | Int Charges | 19,066.36 |
| Nov 15, 2018 | IDA-43510 | Int Charges | 19,066.36 |
| May 15, 2016 | IDA-43510 | Int Charges | 841.59 |
| May 15, 2016 | IDA-43510 | Int Charges | 841.59 |
| May 15, 2016 | IDA-43510 | Int Charges | 30,784.26 |
| May 15, 2016 | IDA-43510 | Int Charges | 30,784.26 |
| Nov 15, 2016 | IDA-43510 | Int Charges | 330.16 |
| Nov 15, 2016 | IDA-43510 | Int Charges | 330.16 |
| Nov 15, 2016 | IDA-43510 | Int Charges | 28,934.39 |
| Nov 15, 2016 | IDA-43510 | Int Charges | 28,934.39 |
| May 15, 2017 | IDA-43510 | Int Charges | 487.53 |
| May 15, 2017 | IDA-43510 | Int Charges | 487.53 |
| May 15, 2017 | IDA-43510 | Int Charges | 29,898.24 |
| May 15, 2017 | IDA-43510 | Int Charges | 29,898.24 |
| May 15, 2015 | IDA-43510 | Int Charges | 420.80 |
| May 15, 2015 | IDA-43510 | Int Charges | 420.80 |
| May 15, 2015 | IDA-43510 | Int Charges | 30,893.57 |
| May 15, 2015 | IDA-43510 | Int Charges | 30,893.57 |
| Nov 15, 2015 | IDA-43510 | Int Charges | 28,204.42 |
| Nov 15, 2015 | IDA-43510 | Int Charges | 28,204.42 |
| Nov 15, 2015 | IDA-43510 | Int Charges | 1,167.61 |
| Nov 15, 2015 | IDA-43510 | Int Charges | 1,167.61 |
Ratings
IMPLEMENTATION RATINGS
| Name | Review | Date |
|---|---|---|
| Progress towards achievement of PDO | Moderately Satisfactory | 2013-09-27 |
| Overall Safeguards Rating | Satisfactory | 2013-09-27 |
| Financial Management | Satisfactory | 2013-09-27 |
| Monitoring and Evaluation | Satisfactory | 2013-09-27 |
| Overall | Low | 2013-09-27 |
| Overall Implementation Progress (IP) | Moderately Satisfactory | 2013-09-27 |
| Counterpart Funding | Satisfactory | 2013-09-27 |
| Procurement | Satisfactory | 2013-09-27 |
| Project Management | Moderately Satisfactory | 2013-09-27 |
COMPLETION RATINGS
| INDICATOR | IMPLEMENTATION COMPLETION & RESULTS REPORT: 03-13-2014 |
|---|---|
| Outcomes | |
| Risk to Development Outcome | Substantial |
| Bank Performance | |
| Borrower Performance | |
| Government Performance | |
| Implementing Agency |
INDEPENDENT EVALUATION RATINGS
| INDICATOR | ICR REVIEW: 04-28-2015 | PROJECT PERFORMANCE ASSESSMENT REPORT: |
|---|---|---|
| Outcome Rating | Satisfactory | N/a |
| Risk To Development Outcome | Negligible To Low | N/a |
| Bank Performance | Moderately Satisfactory | N/a |
| Borrower Performance | Moderately Satisfactory | N/a |
| Government Performance | Moderately Satisfactory | N/a |
| Implementing Agency | Moderately Satisfactory | N/a |
| Icr Quality | Satisfactory | N/a |
| M&e Quality | Substantial | N/a |
Results Framework
PROJECT DEVELOPMENT OBJECTIVE INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
ECSEE APL INDICATOR: Market Liberalization in the regional market Value ECSEE Treaty signed in October 2005 Partially Achieved Fully liberalized power market and competitive mar Date October 25, 2005 May 31, 2013 September 30, 2013 Comment With regard to market liberalization, the Law envisages that all household customers will become eligible to choose their supplierin 2015. Non-household customers (32,300 or 10% of all customers) are currently eligible to switch suppliers. The EnergyRegulatory Agency made a decision that from January 1, 2013 the customers connected to transmission network, are obligated toswitch to othersuppliers. There are two customers which consume one-third of the total yearly electricity supply in Montenegro. The integration of Montenegro into the regional power sector is improved as a result of the improved telecommunications system Value Existing EPCG telecommunications system is outdate 100% Achieved Montenegro system fully integrated with regional m Date December 31, 2006 May 31, 2013 September 30, 2013 Comment The new telecommunication links are established with Bosnia&Herzegovina and Serbia. The new system enables moderntelecommunication for the existing SCADA system, for integration in the regional market and the connection with ENTSO-E operationfacilities. After the finalization of component 1 of the project a total of total 550 km OPGW and 26 pieces telecommunication equipment willbeinstalled and will be in operation. Three international links will be established. The substations of component 2 have fewer blackouts Value 2006 Interruptions (baseline document to be provi 100% Achieved Reduce interruptions by 50% Date December 31, 2006 May 31, 2013 September 30, 2013 Comment Since August 2011, the extension of Andrijevica substation was in operation. The quality of supply (voltage profile and powerinterruptions) in the area has significantly improved. In 2012, there were only 5 outages with interruption of 921 minutes and theundelivered electricity was estimated at 59 MWh.Since August 2013, the extension of Mojkovac substation was in operation. Thequality ofsupply (voltage profile and power interruptions) in the area is improved; however the new results have to be verified bythe end of2013. Data provided for operation year 2010.In Andrijevica area were reported 23 outages with interruption of 757 minutes; theundelivered electricity was estimated 54 MWh.In Mojokovac area were reported 5 outages with interruption of 588 minutes; theundelivered electricity was estimated 39 MWhData provided for operation year 2011.In Andrijevica area were reported 31 outageswith interruptionof 6073 minutes; the undelivered electricity was estimated 414 MWh.In Mojokovac area were reported 9 outages withinterruption of 445 minutes; the undelivered electricity was estimated 43 MWh.Data provided for operation year 2012. InAndrijevica area were reported 5 outages with interruption of 921 minutes; the undelivered electricity was estimated 59 MWh.TargetachievedIn Mojokovac areawere reported 11 outages with interruption of 3291 minutes; the undelivered electricity was estimated 385MWh. Operational reliability of Perucica HPP is improved by: (1) reducing O&M cost for the turbine runners (2) reduce outage time for turbine runners Value (1) Increase in O& M of runners due to runners pro 100% Achieved (1) O&M cost of runner is reduced by 10%(2) Outag Date December 31, 2006 May 31, 2013 December 31, 2012 Comment The O&M costs of the replaced runner was estimated at Euro 11,000 for 2012; the costs are reduced by 20% compared to 2006.ThenewTurbine Runner (unit-Nb7) has been in operation since September 2011. The new runner worked for 2,315 hours generating 168GWh.Theoutages are reduced by 20%.
INTERMEDIATE RESULTS INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
Progress in implementation of the telecommunications component Value Nil 100% Achieved Component is 100% implemented Date December 31, 2006 May 31, 2013 September 30, 2013 Comment The new telecommunication system comprises the inter telecommunication links with Bosnia&Herzegovina and Serbia and internaltelecommunication links. The new system is completed and fully functional.The telecommunication link with Kosovo has to beestablished. Progress in implementation of the transmission component Value 100% Achieved. Component is 100% implemented Date May 31, 2013 September 30, 2013 Comment (i) The construction of the 110 kV line and the extension of Andrijevica substation were completed and the sub-project was inoperation since August 24, 2011.(ii) The construction of 220 kV line and extension of Mojkovac substation were completed and thesub-project was in trial operation since August 1, 2013. Progress in implementation of the HPP Perucica generation component Value Nil 100% Achieved Component is 100% implemented Date December 31, 2006 May 31, 2013 March 30, 2013 Comment (i) The new trash rack and trash rack cleaning machine are installed in the plant's bottom outlet in Vrtac Dam and have been inoperation since December 2009.(ii) The new turbine runner is installed in power plant unit 7 and has been in operation sinceSeptember2011.