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Energy Sector Development Project

Abstract*

The objective of the Energy Sector Development Project for Tuvalu is to enhance Tuvalu’s energy security by reducing its dependence on imported fuel for power generation and by improving the efficiency and sustainability of its electricity system. This project consists of the following three components: Component 1. Renewable Energy Investments. Supply and installation, for Tuvalu Electricity Corporation (TEC), of power-generation and grid-management...

* 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 project development objective (PDO) is to enhance Tuvalu's energy security by reducing its dependence on imported fuel for power generation and by improving the efficiency and sustainability of its electricity system.

Key Details

Project Details

  • P144573

  • Active

  • Ximing Peng , Ximing Peng

  • Tuvalu

  • Tuvalu

  • October 24, 2013

  • (as of board presentation)

    January 26, 2015

  • May 6, 2015

  • US$ 9.10 million

  • Tuvalu Electricity Corporation

  • East Asia and Pacific

  • 2015

  • US$ 9.10 million

  • B

  • Not Applicable

  • March 31, 2026

  • Yes

  • BANK APPROVED

  • August 28, 2024

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
Energy Sector Management Assistance Program 2.10
IDA Grant 7.00

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment N/A
IDA Commitment 7.00
IBRD + IDA Commitment 7.00
Lending Instrument
Grant Amount 2.10
Total Project Cost** 9.10

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

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

Detailed Financial Activity as of July 31, 2025

Download:
No data available.
Period Financier Transaction Type Amount (US$)
May 11, 2020 IDA-D0290 Loan Disb 2,578.24
May 4, 2020 IDA-D0290 Loan Disb 369,113.97
Jun 12, 2018 IDA-D0290 Loan Disb 56,549.30
Mar 18, 2016 IDA-D0290 Loan Disb 358,704.00
Mar 2, 2023 IDA-D0290 Loan Disb 85,462.86
Jun 15, 2023 IDA-D0290 Loan Disb 112,559.61
May 10, 2024 IDA-D0290 Loan Disb 144,570.20
Nov 20, 2023 IDA-D0290 Loan Disb 163,727.19
Jan 26, 2015 IDA-D0290 Loan Commitment 7,000,000.00
Jun 11, 2024 IDA-D0290 Loan Disb 88,155.63
Jun 26, 2024 IDA-D0290 Loan Disb 164,762.22
Dec 6, 2022 IDA-D0290 Loan Disb 162,583.00
Aug 31, 2022 IDA-D0290 Loan Disb 66,021.45
Aug 10, 2022 IDA-D0290 Loan Disb 186,406.08
Nov 18, 2021 IDA-D0290 Loan Disb 220,340.50
Nov 23, 2021 IDA-D0290 Loan Disb 176,335.48
Sep 29, 2021 IDA-D0290 Loan Disb 88,221.25
Jun 12, 2020 IDA-D0290 Loan Disb 131,551.19
Jun 3, 2020 IDA-D0290 Loan Disb 72,993.92
May 6, 2020 IDA-D0290 Loan Disb -66,591.15
Dec 18, 2020 IDA-D0290 Loan Disb 63,213.76
May 19, 2021 IDA-D0290 Loan Disb 75,745.59
Mar 29, 2021 IDA-D0290 Loan Disb 236,463.45
Nov 26, 2019 IDA-D0290 Loan Disb -116,228.66
Oct 17, 2019 IDA-D0290 Loan Disb 142,209.75
Feb 27, 2020 IDA-D0290 Loan Disb 285,437.75
Apr 30, 2020 IDA-D0290 Loan Disb 246,900.70
May 11, 2020 IDA-D0290 Loan Disb 16,478.39

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name Review Date
Procurement Moderately Satisfactory 2025-05-14
Financial Management Moderately Satisfactory 2025-05-14
Progress towards achievement of PDO Moderately Satisfactory 2025-05-14
Monitoring and Evaluation Satisfactory 2025-05-14
Overall Implementation Progress (IP) Moderately Satisfactory 2025-05-14
Project Management Moderately Satisfactory 2025-05-14

COMPLETION RATINGS

INDICATORIMPLEMENTATION COMPLETION & RESULTS REPORT:
OutcomesModerately Satisfactory
Risk to Development Outcome
Bank PerformanceModerately Satisfactory
Borrower Performance
Government Performance
Implementing Agency

INDEPENDENT EVALUATION RATINGS

No data available.

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATORBASELINECURRENTTARGET
  • Direct project beneficiariesValue0.00800.001500.00
    DateDecember 30, 2014March 19, 2024September 30, 2024
    Comment
  • Female beneficiariesValue0.000.000.00
    DateDecember 30, 2014
    Comment
  • Projected lifetime energy savingsValue0.00400.0012750.00
    DateDecember 30, 2014March 19, 2024September 30, 2024
    Comment
  • Debtor daysValue100.008.0010.00
    DateDecember 30, 2014March 19, 2024September 30, 2024
    Comment

INTERMEDIATE RESULTS INDICATORS

INDICATORBASELINECURRENTTARGET
  • Percentage of customers with prepaid meters excluding Government facilitiesValue0.0095.00100.00
    DateDecember 30, 2014March 19, 2024September 30, 2024
    Comment
  • People trained through the projectValue0.0020.0050.00
    DateDecember 30, 2014March 19, 2024September 30, 2024
    Comment
  • Customers with pre-paid meters that have been surveyed (Percentage)Value0.000.000.00
    DateDecember 30, 2014
    Comment
  • Responses provided to relevant complaints / requests from customersValue0.000.000.00
    Date
    Comment
  • Enable remote monitoring in outer islands with communication systemValue0.000.003.00
    DateMay 31, 2015March 19, 2024September 30, 2024
    Comment
  • Generation capacity of energy constructed or rehabilitatedValue0.000.000.75
    DateDecember 31, 2014March 19, 2024September 30, 2024
    Comment
  • Renewable energy generation capacity (other than hydropower) constructed under the projectValue0.000.000.75
    DateDecember 31, 2014March 19, 2024September 30, 2024
    Comment
  • Storage capacity of battery constructedValue0.000.001.00
    DateDecember 31, 2014March 19, 2024September 30, 2024
    Comment