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Additional Financing for Energy Development and Access Project

Development Objective

To improve the operational efficiency of the electricity distribution system and increase the population s access to electricity.

Key Details

Project Details

  • P147878

  • Closed

  • Shinya Nishimura , Dante Ariel Mossi Reyes

  • N/A

  • Ghana

  • March 11, 2015

  • (as of board presentation)

    April 30, 2015

  • N/A

  • US$ 60.00 million

  • B

  • November 15, 2023

  • January 31, 2022

  • Yes

  • BANK APPROVED

  • P074191

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
IDA Credit 60.00

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment N/A
IDA Commitment 60.00
IBRD + IDA Commitment 60.00
Lending Instrument
Grant Amount N/A
Total Project Cost** 60.00

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

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

Detailed Financial Activity as of February 28, 2025

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No data available.
Period Financier Transaction Type Amount (US$)

Footnotes

Ratings

IMPLEMENTATION RATINGS

No data available.

COMPLETION RATINGS

No data available.

INDEPENDENT EVALUATION RATINGS

No data available.

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATORBASELINECURRENTTARGET
  • ECG Performance Verification IndexValue68.90%87.1%90%
    DateApril 1, 2007December 31, 2014July 31, 2017
    CommentPVI is defined in PAD for original credit
  • National household electrification rateValue54%c.70%59% in year 5
    DateApril 1, 2007December 31, 2013April 1, 2012
    CommentWAS 2006 VALUE BASED UPON 8 PERS/H.HOLDThis AF is not funding new connections
  • Direct project beneficiariesValue1300000.001300000.001950000.00
    DateDecember 31, 2014December 31, 2014July 31, 2017
    CommentThis figure refers to the the total number of ECG customers.
  • Female beneficiariesValue51.0051.0051.00
    DateDecember 31, 2014December 31, 2014July 31, 2017
    Comment

INTERMEDIATE RESULTS INDICATORS

INDICATORBASELINECURRENTTARGET
  • ECG annual accounts receivable (excluding government agencies and departments and the Ghana Water Company Ltd) equivalent to numberof days of annual salesValue150 days156 days90 days
    DateApril 1, 2007December 31, 2014July 31, 2017
    CommentDecline due to ECG not writing off unrecoverable debtsDeadline extended
  • Average annual hours of unplanned power outages per consumer in ECG systemValue200.00130.0090.00
    DateApril 1, 2007December 31, 2014July 31, 2017
    CommentDeadline extended from original target date of 2012
  • Annual ratio of ECG revenues over its costsValue0.950.99>1
    DateDecember 31, 2011December 31, 2013July 31, 2017
    Comment
  • Electricity losses per year in the project areaValue26.0024.1020.00
    DateApril 1, 2007December 1, 2014July 31, 2017
    CommentProject area = entire ECG operational area. Definition of losses given in the PP for the 1st AF.
  • Total net injected generationValue8370000.008370000.0011570000.00
    DateApril 1, 2007December 1, 2014July 31, 2017
    Comment
  • Electricity losses per year in the project area- TechnicalValue10.2010.2010.20
    DateApril 1, 2007December 1, 2014July 31, 2017
    Comment
  • Electricity losses per year in the project area- Non-TechnicalValue13.9013.909.80
    DateApril 1, 2007December 1, 2014July 31, 2017
    Comment
  • Billed revenue (GWh) in the targeted consumer segments (above 600 units/month)Value3592.003592.005851.00
    DateDecember 31, 2014December 31, 2014July 31, 2017
    Comment