Electricity Transmission Network Improvement Project

Abstract*

The project development objectives for the Electricity Transmission Network Improvement Project for Armenia are to improve the reliability of the power transmission network and system management, and support the Borrower's efforts in ensuring adequate electricity supply. The project is broken up into the following three components: (a) strengthening of the power transmission network; (b) improvement of the power system management; and (c) preparation... Show More

Development Objective

The proposed project development objective (PDO) is to improve the reliability of the power transmission network.

Key Details

Project Details

Project ID
P146199
Status
Closed
Team Leader
Gor Khachatryan , Claudio Protano
Borrower 2
Republic of Armenia

Country
Armenia
Disclosure Date
December 8, 2014
Approval Date
(as of board presentation)
March 30, 2015
Effective Date
September 21, 2015

Total Project Cost 1
US$ 64.86 million
Implementing Agency
Yerevan Thermal Power Plant,High Voltage Electric Networks
Region
Europe and Central Asia
Fiscal Year 3
2015

Commitment Amount
US$ 52.00 million
Environmental Category
B
Last Update Date
February 27, 2024
Closing Date
December 31, 2024

Consultant Services required
Yes
Last Stage Reached
BANK APPROVED

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 - Private Sector Development

FY17 - Jobs27%
- FY17 - Job Creation27%

FY17 - Urban and Rural Development

FY17 - Rural Development27%
- FY17 - Rural Infrastructure and service delivery27%
FY17 - Urban Development47%
- FY17 - Urban Infrastructure and Service Delivery47%

Project Map

Interactive Map

Finances

Financing Plan (US$ Millions)

Financier	Commitments
International Bank for Reconstruction and Development	52.00
Borrower/Recipient	12.86

Total Project Financing (US$ Millions)

Product Line	IBRD/IDA
IBRD Commitment	52.00
IDA Commitment	N/A
IBRD + IDA Commitment	52.00

Lending Instrument
Grant Amount	N/A
Total Project Cost**	64.86

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$)
Nov 15, 2016	IBRD-84950	Int Charges	6,914.36
Dec 28, 2016	IBRD-84950	Loan Disb	277,200.30
Dec 28, 2016	IBRD-84950	Loan Disb	516,572.47
May 15, 2017	IBRD-84950	Int Charges	114.21
Dec 23, 2016	IBRD-84950	Loan Disb	63,000.00
Dec 21, 2016	IBRD-84950	Loan Disb	805,584.75
Dec 21, 2016	IBRD-84950	Loan Disb	978,627.70
Aug 10, 2016	IBRD-84950	Loan Disb	1,300.00
Dec 21, 2016	IBRD-84950	Loan Disb	30,140.16
Oct 14, 2016	IBRD-84950	Loan Disb	30,000.00
Mar 22, 2016	IBRD-84950	Loan Disb	2,300.00
Sep 16, 2016	IBRD-84950	Loan Disb	116,000.00
Jul 18, 2016	IBRD-84950	Loan Disb	1,100.00
Nov 15, 2016	IBRD-84950	Loan Disb	1,600.00
Dec 27, 2016	IBRD-84950	Loan Disb	120,834.29
Oct 24, 2016	IBRD-84950	Loan Disb	400,000.00
Sep 14, 2016	IBRD-84950	Loan Disb	900.00
Jun 15, 2016	IBRD-84950	Loan Disb	1,100.00
May 20, 2016	IBRD-84950	Loan Disb	1,200.00
May 15, 2016	IBRD-84950	Int Charges	57,293.52
May 15, 2016	IBRD-84950	Int Charges	246.28
May 15, 2016	IBRD-84950	Int Charges	64,527.78
May 15, 2016	IBRD-84950	Int Charges	952.98
Sep 21, 2015	IBRD-84950	Loan Disb	130,000.00
Sep 21, 2015	IBRD-84950	Fee Charges	130,000.00
Jul 14, 2022	IBRD-84950	Loan Disb	4,900.00
Jul 13, 2020	IBRD-84950	Loan Disb	31,000.00
Dec 3, 2020	IBRD-84950	Loan Disb	24,000.00
Nov 15, 2020	IBRD-84950	Int Charges	19,963.67
Nov 15, 2020	IBRD-84950	Int Charges	203,044.47
Mar 24, 2021	IBRD-84950	Loan Disb	9,000.00
May 15, 2021	IBRD-84950	Int Charges	232.36
Nov 15, 2020	IBRD-84950	Int Charges	0.30
Nov 15, 2020	IBRD-84950	Int Charges	3.26
May 15, 2021	IBRD-84950	Int Charges	1,345.66
May 15, 2021	IBRD-84950	Int Charges	19,038.44
May 15, 2021	IBRD-84950	Int Charges	153,891.67
May 15, 2020	IBRD-84950	Int Charges	22,585.86
May 15, 2020	IBRD-84950	Int Charges	348,578.78
Sep 25, 2020	IBRD-84950	Loan Disb	667,000.00
Mar 9, 2020	IBRD-84950	Loan Disb	5,000.00
Dec 9, 2019	IBRD-84950	Loan Disb	242,000.00
Dec 19, 2019	IBRD-84950	Loan Cancel	10,642,897.00
Dec 2, 2019	IBRD-84950	Loan Disb	-227,903.28
May 11, 2020	IBRD-84950	Loan Disb	11,000.00
Feb 25, 2020	IBRD-84950	Loan Disb	86,000.00
Dec 19, 2018	IBRD-84950	Loan Disb	1,366,500.00
Dec 21, 2018	IBRD-84950	Loan Disb	194,000.00
Dec 21, 2018	IBRD-84950	Loan Disb	1,567,470.20
May 15, 2019	IBRD-84950	Int Charges	720.76
May 15, 2019	IBRD-84950	Int Charges	34,900.76
May 15, 2019	IBRD-84950	Int Charges	432,589.12
May 15, 2019	IBRD-84950	Int Charges	54.80
May 31, 2019	IBRD-84950	Loan Disb	96,000.00
Jul 26, 2019	IBRD-84950	Loan Disb	121,000.00
Apr 19, 2016	IBRD-84950	Loan Disb	1,150.00
Nov 15, 2019	IBRD-84950	Int Charges	33,907.39
Nov 15, 2019	IBRD-84950	Int Charges	432,946.20
Dec 20, 2017	IBRD-84950	Loan Disb	1,400,000.00
Apr 9, 2018	IBRD-84950	Loan Disb	1,200,000.00
May 31, 2018	IBRD-84950	Loan Disb	1,350,000.00
Jun 1, 2018	IBRD-84950	Loan Disb	435,000.00
May 15, 2018	IBRD-84950	Loan Disb	100,000.00
Jun 19, 2018	IBRD-84950	Loan Disb	1,665,000.00
May 15, 2018	IBRD-84950	Int Charges	1,167.00
May 15, 2018	IBRD-84950	Int Charges	52,867.35
May 15, 2018	IBRD-84950	Int Charges	114,001.97
May 15, 2018	IBRD-84950	Int Charges	134.23
Nov 10, 2016	IBRD-84950	Loan Cancel	1,500,000.00
Aug 16, 2018	IBRD-84950	Loan Disb	220,000.00
Dec 20, 2018	IBRD-84950	Loan Disb	1,657,855.10
Nov 15, 2018	IBRD-84950	Int Charges	703.02
Nov 15, 2018	IBRD-84950	Int Charges	6,652.86
Nov 15, 2018	IBRD-84950	Int Charges	38,003.82
Nov 15, 2018	IBRD-84950	Int Charges	282,026.12
Dec 14, 2018	IBRD-84950	Loan Disb	988,000.00
May 15, 2023	IBRD-84950	Int Charges	0.48
Nov 15, 2023	IBRD-84950	Int Charges	0.41
Nov 15, 2023	IBRD-84950	Int Charges	16,485.41
Nov 15, 2023	IBRD-84950	Int Charges	15,055.53
Nov 15, 2023	IBRD-84950	Int Charges	910,053.70
Aug 21, 2023	IBRD-84950	Loan Disb	-287,880.88
Dec 28, 2023	IBRD-84950	Loan Disb	2,157,110.00
Dec 21, 2023	IBRD-84950	Loan Disb	48,010.00
Feb 15, 2022	IBRD-84950	Loan Disb	1,960.00
Dec 27, 2021	IBRD-84950	Loan Disb	235,200.00
Aug 30, 2022	IBRD-84950	Loan Disb	2,000.00
Dec 23, 2022	IBRD-84950	Loan Disb	1,920.00
Oct 17, 2022	IBRD-84950	Loan Disb	2,400.00
Nov 15, 2022	IBRD-84950	Int Charges	2.37
Nov 15, 2022	IBRD-84950	Int Charges	15,708.26
Nov 15, 2022	IBRD-84950	Int Charges	478,353.66
Nov 15, 2022	IBRD-84950	Int Charges	0.55
Dec 16, 2022	IBRD-84950	Loan Disb	92,500.00
Dec 9, 2022	IBRD-84950	Loan Disb	7,500.00
Apr 17, 2023	IBRD-84950	Loan Disb	1,000.00
Jan 31, 2023	IBRD-84950	Loan Disb	4,120.00
Apr 27, 2023	IBRD-84950	Loan Disb	1,800.00
Mar 9, 2023	IBRD-84950	Loan Disb	788.00
Jul 12, 2021	IBRD-84950	Loan Disb	12,000.00
Nov 15, 2021	IBRD-84950	Int Charges	152,810.02
Nov 15, 2021	IBRD-84950	Int Charges	3.20
Sep 29, 2021	IBRD-84950	Loan Disb	2,627,797.00
Nov 15, 2021	IBRD-84950	Int Charges	13.07
Nov 15, 2021	IBRD-84950	Int Charges	18,500.38
Aug 29, 2016	IBRD-84950	Loan Disb	1,469,095.60
May 15, 2022	IBRD-84950	Int Charges	3,339.56
May 15, 2022	IBRD-84950	Int Charges	15,540.64
May 15, 2022	IBRD-84950	Int Charges	173,079.20
May 15, 2022	IBRD-84950	Int Charges	845.93
Mar 11, 2022	IBRD-84950	Loan Disb	1,350.00
Apr 26, 2022	IBRD-84950	Loan Disb	1,800.00
Mar 31, 2022	IBRD-84950	Loan Disb	1,090.00
Jun 21, 2022	IBRD-84950	Loan Disb	9,800.00
Dec 6, 2021	IBRD-84950	Loan Disb	1,380.00
Mar 21, 2018	IBRD-84950	Loan Disb	807,000.00
Aug 1, 2017	IBRD-84950	Loan Disb	245,000.00
May 15, 2017	IBRD-84950	Int Charges	712.50
May 15, 2017	IBRD-84950	Int Charges	59,020.88
May 15, 2017	IBRD-84950	Int Charges	47,536.06
Jun 29, 2017	IBRD-84950	Loan Disb	5,700.00
Nov 15, 2016	IBRD-84950	Int Charges	1.05
Nov 15, 2016	IBRD-84950	Int Charges	5.16
Nov 15, 2016	IBRD-84950	Int Charges	64,285.79
Sep 26, 2018	IBRD-84950	Loan Disb	114,000.00
Nov 13, 2018	IBRD-84950	Loan Disb	1,150,000.00
Nov 21, 2017	IBRD-84950	Loan Disb	400,000.00
Sep 27, 2017	IBRD-84950	Loan Disb	400,000.00
Nov 15, 2017	IBRD-84950	Int Charges	58,981.23
Nov 15, 2017	IBRD-84950	Int Charges	62,215.69
Feb 14, 2018	IBRD-84950	Loan Disb	709,916.50
Apr 12, 2018	IBRD-84950	Loan Disb	67,000.00
Mar 5, 2018	IBRD-84950	Loan Disb	1,000,000.00
Dec 4, 2017	IBRD-84950	Loan Disb	141,890.58
Mar 26, 2018	IBRD-84950	Loan Disb	256,884.53
Dec 21, 2017	IBRD-84950	Loan Disb	955,000.00
Mar 2, 2018	IBRD-84950	Loan Disb	90,000.00
Mar 30, 2015	IBRD-84950	Loan Commitment	52,000,000.00
Jul 19, 2024	IBRD-84950	Loan Disb	1,700.00
May 1, 2024	IBRD-84950	Loan Disb	1,935.00
Feb 29, 2024	IBRD-84950	Loan Disb	399,400.00
Aug 21, 2024	IBRD-84950	Loan Disb	2,150.00
Feb 16, 2024	IBRD-84950	Loan Disb	56,830.00
Mar 27, 2024	IBRD-84950	Loan Disb	1,825.00
May 28, 2024	IBRD-84950	Loan Disb	2,030.00
May 15, 2024	IBRD-84950	Int Charges	168.88
May 15, 2024	IBRD-84950	Int Charges	1,067.92
May 15, 2024	IBRD-84950	Int Charges	12,355.90
May 15, 2024	IBRD-84950	Int Charges	1,027,270.80
Jun 25, 2024	IBRD-84950	Loan Disb	695,650.00
Jun 12, 2024	IBRD-84950	Loan Disb	1,400,000.00
Sep 13, 2023	IBRD-84950	Loan Disb	2,250.00
Jul 25, 2023	IBRD-84950	Loan Disb	287,880.88
Jul 25, 2023	IBRD-84950	Loan Disb	8,200.00
Jun 16, 2023	IBRD-84950	Loan Disb	2,400.00
Sep 22, 2023	IBRD-84950	Loan Disb	1,900.00
Jun 27, 2023	IBRD-84950	Loan Disb	281,100.00
Nov 29, 2023	IBRD-84950	Loan Disb	258,200.00
May 24, 2023	IBRD-84950	Loan Disb	1,630.00
May 15, 2023	IBRD-84950	Int Charges	38,434.47
May 15, 2023	IBRD-84950	Int Charges	15,335.10
May 15, 2023	IBRD-84950	Int Charges	752,116.50

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name	Review	Date
Financial Management	Satisfactory	2024-11-11
Monitoring and Evaluation	Satisfactory	2024-11-11
Procurement	Satisfactory	2024-11-11
Project Management	Satisfactory	2024-11-11
Overall Implementation Progress (IP)	Moderately Satisfactory	2024-11-11
Progress towards achievement of PDO	Moderately Satisfactory	2024-11-11

COMPLETION RATINGS

No data available.

INDEPENDENT EVALUATION RATINGS

No data available.

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATOR		BASELINE	CURRENT	TARGET

Equipment failures per year in target substations Value 10.00 3.00 2.00
Date December 30, 2014 September 30, 2023 December 31, 2024
Comment
Average interruption frequency per year in the project area Value 0.11 0.44 0.09
Date December 30, 2013 December 31, 2022 December 31, 2024
Comment
Customers served in the project area Value 1040000.00 1020789.00 1040000.00
Date December 30, 2013 December 31, 2019
Comment
Direct project beneficiaries Value 2984000.00 2979200.00 2993000.00
Date December 30, 2014 December 31, 2022 December 31, 2024
Comment
Female beneficiaries Value 48.60 53.00 48.60
Date December 30, 2014 December 31, 2019
Comment

INTERMEDIATE RESULTS INDICATORS

INDICATOR		BASELINE	CURRENT	TARGET

Total number of substations rehabilitated under the project Value 0.00 2.00 3.00
Date December 30, 2014 September 30, 2023 December 31, 2024
Comment

Percent of registered project related grievances (disaggregated by gender) responded to within stipulated service standards for response times	Value	0.00	100.00	100.00
	Date	December 30, 2014	September 30, 2023	December 31, 2024
	Comment

Equipment failures per year in target substations	Value	10.00	3.00	2.00
	Date	December 30, 2014	September 30, 2023	December 31, 2024
	Comment

Average interruption frequency per year in the project area	Value	0.11	0.44	0.09
	Date	December 30, 2013	December 31, 2022	December 31, 2024
	Comment

Customers served in the project area	Value	1040000.00	1020789.00	1040000.00
	Date	December 30, 2013		December 31, 2019
	Comment

Direct project beneficiaries	Value	2984000.00	2979200.00	2993000.00
	Date	December 30, 2014	December 31, 2022	December 31, 2024
	Comment

Female beneficiaries	Value	48.60	53.00	48.60
	Date	December 30, 2014		December 31, 2019
	Comment

Electricity Transmission Network Improvement Project

Abstract*

Development Objective

Key Details

Project Details

Sectors

Themes

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Project Map

Finances

Financing Plan (US$ Millions)

Total Project Financing (US$ Millions)

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

Detailed Financial Activity as of February 28, 2025

Ratings

IMPLEMENTATION RATINGS

COMPLETION RATINGS

INDEPENDENT EVALUATION RATINGS

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INTERMEDIATE RESULTS INDICATORS