| Financier | Commitments |
|---|---|
| International Bank for Reconstruction and Development | 30.00 |
Energy Utility Performance and Reliability Improvement Project
Development Objective
To improve the operational performance of the Borrower's national electricity utility and improve the reliability of electricity supply in the Project Area.
Key Details
Project Details
P167820
Active
Mariano Salto , Katsuyuki Fukui, Slavena Georgieva
Papua New Guinea
Papua New Guinea
January 17, 2019
(as of board presentation)
March 31, 2021
September 14, 2022
US$ 31.40 million
PNG Power Limited (PPL)
2021
US$ 30.00 million
A
March 7, 2024
June 30, 2026
No
BANK APPROVED
Finances
Financing Plan (US$ Millions)
Total Project Financing (US$ Millions)
| Product Line | IBRD/IDA |
|---|---|
| IBRD Commitment | 30.00 |
| IDA Commitment | N/A |
| IBRD + IDA Commitment | 30.00 |
| Lending Instrument | |
|---|---|
| Grant Amount | N/A |
| Total Project Cost** | 31.40 |
Summary Status of World Bank Financing (US$ Millions) as of February 28, 2025
No data available.
| Period | Financier | Transaction Type | Amount (US$) |
|---|---|---|---|
| Feb 15, 2024 | IBRD-92120 | Loan Disb | 2,745,000.00 |
| Mar 31, 2021 | IBRD-92120 | Loan Commitment | 30,000,000.00 |
| Feb 15, 2024 | IBRD-92120 | Loan Disb | -2,745,000.00 |
| Aug 15, 2024 | IBRD-92120 | Int Charges | 161.44 |
| Aug 15, 2024 | IBRD-92120 | Int Charges | 13.79 |
| Aug 15, 2024 | IBRD-92120 | Int Charges | 33,789.35 |
| Aug 15, 2024 | IBRD-92120 | Int Charges | 2,722.72 |
| Aug 15, 2024 | IBRD-92120 | Int Charges | 99,651.33 |
| Feb 15, 2024 | IBRD-92120 | Int Charges | 35,942.27 |
| Feb 15, 2024 | IBRD-92120 | Int Charges | 50,816.52 |
| Feb 15, 2024 | IBRD-92120 | Int Charges | 2,752.75 |
| Sep 14, 2022 | IBRD-92120 | Fee Charges | 75,000.00 |
| Feb 15, 2023 | IBRD-92120 | Int Charges | 1,568.89 |
| Feb 15, 2023 | IBRD-92120 | Loan Disb | 75,000.00 |
| Feb 15, 2023 | IBRD-92120 | Loan Disb | -75,000.00 |
| Sep 14, 2022 | IBRD-92120 | Loan Disb | 75,000.00 |
| Aug 15, 2023 | IBRD-92120 | Int Charges | 37,098.80 |
| Aug 15, 2023 | IBRD-92120 | Int Charges | 2,469.89 |
| Feb 15, 2023 | IBRD-92120 | Int Charges | 46,359.24 |
| Nov 14, 2023 | IBRD-92120 | Loan Disb | 2,745,000.00 |
Ratings
IMPLEMENTATION RATINGS
| Name | Review | Date |
|---|---|---|
| Financial Management | Moderately Satisfactory | 2024-11-13 |
| Overall Implementation Progress (IP) | Moderately Unsatisfactory | 2024-11-13 |
| Procurement | Moderately Unsatisfactory | 2024-11-13 |
| Progress towards achievement of PDO | Moderately Unsatisfactory | 2024-11-13 |
| Project Management | Moderately Unsatisfactory | 2024-11-13 |
| Monitoring and Evaluation | Satisfactory | 2024-11-13 |
COMPLETION RATINGS
No data available.
INDEPENDENT EVALUATION RATINGS
No data available.
Results Framework
PROJECT DEVELOPMENT OBJECTIVE INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
Electricity losses per year Value 25.00 25.00 21.00 Date December 31, 2020 November 16, 2023 June 30, 2026 Comment Yearly system average interruption duration index (SAIDI) Value 230.00 230.00 170.00 Date December 31, 2020 November 16, 2023 December 31, 2025 Comment Collection from post-paid private customers Value 70.00 70.00 95.00 Date December 31, 2020 November 16, 2023 June 30, 2026 Comment
INTERMEDIATE RESULTS INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
Key studies launched for least-cost power generation investment Value No No Yes Date December 31, 2020 November 16, 2023 June 30, 2026 Comment Customers with advanced metering infrastructure financed under the project Value 0.00 0.00 8000.00 Date December 31, 2020 November 16, 2023 June 30, 2026 Comment Length of distribution lines constructed or rehabilitated through the project Value 0.00 0.00 50.00 Date December 31, 2020 November 16, 2023 June 30, 2026 Comment Percentage of women in technical and managerial roles within PPL Value 3.00 3.00 6.00 Date December 31, 2020 November 16, 2023 June 30, 2026 Comment Project preparatory studies for NBHPP completed Value No No Yes Date December 31, 2020 November 16, 2023 June 30, 2026 Comment Percentage of total sales (KWh) covered by the Revenue Protection Program (RPP) Value 0.00 0.00 80.00 Date December 31, 2020 November 16, 2023 June 30, 2026 Comment Transmission capacity installed or rehabilitated through the project Value 0.00 0.00 70000.00 Date December 31, 2020 November 16, 2023 June 30, 2026 Comment Progress towards identification and implementation of recommendations of the gender safety audit Value No audit. No audit At least 50% of recommendations implemented. Date December 31, 2020 November 16, 2023 June 30, 2026 Comment Installation of Management Information Systems (MIS) at PPL, and populated with data Value No No All systems in MIS set functioning and used for PP Date December 31, 2020 November 16, 2023 June 30, 2026 Comment PPL publishes (annual) report on customer satisfaction surveys, including actions adopted to respond to customer concerns Value No No Yes Date December 31, 2020 November 16, 2023 June 30, 2026 Comment Entity audit report submission Value No No Yes Date December 31, 2020 November 16, 2023 June 30, 2026 Comment Project Steering Committee meets regularly to discuss project implementation status Value 0.00 1.00 4.00 Date December 31, 2020 November 16, 2023 June 30, 2026 Comment