| Financier | Commitments |
|---|---|
| IDA Credit | 350.00 |
Power System Efficiency and Resilience Project
Abstract*
The objective of the Power System Efficiency and Resilience Project for Myanmar is to increase the output and efficiency of power generation and improve the resilience of the power network in support of the government’s program on universal electricity access. The Project has two components. 1. Upgrading Ywama Power Generation Units component will finance the replacement of old gas and steam turbines in the Ywama power plant with a highly efficient... Show More
Development Objective
The project development objectives are to increase the output and efficiency of power generation and improve the resilience of the power network in support of the government’s program on universal electricity access.
Key Details
Project Details
P162151
Closed
Joonkyung Seong , Myoe Myint
Republic of the Union of Myanmar
Myanmar
November 10, 2017
(as of board presentation)
May 29, 2020
September 10, 2020
US$ 350.00 million
Ministry of Electricity and Energy,Electric Power Generation Enterprise,Department of Power Transmission and System Control (DPTSC)
2020
US$ 350.00 million
B
February 20, 2024
June 17, 2024
No
BANK APPROVED
Finances
Financing Plan (US$ Millions)
Total Project Financing (US$ Millions)
| Product Line | IBRD/IDA |
|---|---|
| IBRD Commitment | N/A |
| IDA Commitment | 350.00 |
| IBRD + IDA Commitment | 350.00 |
| Lending Instrument | |
|---|---|
| Grant Amount | N/A |
| Total Project Cost** | 350.00 |
Summary Status of World Bank Financing (US$ Millions) as of February 28, 2025
No data available.
| Period | Financier | Transaction Type | Amount (US$) |
|---|---|---|---|
| May 29, 2020 | IDA-66310 | Loan Commitment | 350,000,000.00 |
| Jun 17, 2024 | IDA-66310 | Loan Cancel | 335,825,664.00 |
Ratings
IMPLEMENTATION RATINGS
| Name | Review | Date |
|---|---|---|
| Monitoring and Evaluation | Satisfactory | 2024-03-03 |
| Overall Implementation Progress (IP) | Satisfactory | 2024-03-03 |
| Progress towards achievement of PDO | Satisfactory | 2024-03-03 |
| Procurement | Satisfactory | 2024-03-03 |
| Financial Management | Satisfactory | 2024-03-03 |
| Project Management | Satisfactory | 2024-03-03 |
COMPLETION RATINGS
No data available.
INDEPENDENT EVALUATION RATINGS
No data available.
Results Framework
PROJECT DEVELOPMENT OBJECTIVE INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
Projected energy or fuel savings Value 0.00 0.00 440000000.00 Date December 31, 2019 February 11, 2021 December 31, 2025 Comment Generation capacity of energy constructed or rehabilitated Value 0.00 0.00 250.00 Date December 31, 2019 February 11, 2021 December 31, 2025 Comment Annual outages in targeted substations Value N.A. N.A. N.A. Date December 31, 2019 February 11, 2021 December 31, 2025 Comment Disadvantaged/vulnerable people benefiting from access to electricity or improved quality of service Value 0.00 0.00 500.00 Date December 31, 2019 February 11, 2021 December 31, 2025 Comment
INTERMEDIATE RESULTS INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
Plant construction progress Value 0.00 0.00 100.00 Date December 31, 2019 February 11, 2021 December 31, 2025 Comment Mobile substations deployed for fast response and recovery to climate events Value 0.00 0.00 4.00 Date December 31, 2019 February 11, 2021 December 31, 2022 Comment Thermal efficiency of energy conversion in the Ywama gas power plant Value 19.90 0.00 54.00 Date December 31, 2019 February 11, 2021 December 31, 2024 Comment Grievances responded to and/or addressed through the functional GRM available to citizens and within the stipulated response time Value 0.00 0.00 100.00 Date December 31, 2019 February 11, 2021 December 31, 2025 Comment Gap in annual time spent on childcare during working hours between male and female MOEE staff benefiting from the childcare pilot Value 15.50 15.50 7.00 Date December 31, 2019 February 11, 2021 December 31, 2024 Comment Implementation support received up to satisfaction to meet technical specifications, contract oversight, and safeguards monitoring contractual requirements Value No No Yes Date December 31, 2019 February 11, 2021 December 31, 2025 Comment