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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)

  • East Asia and Pacific

  • 2021

  • US$ 30.00 million

  • A

  • March 7, 2024

  • June 30, 2026

  • No

  • BANK APPROVED

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
International Bank for Reconstruction and Development 30.00

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

Download:
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$)
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

Footnotes

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

INDICATORBASELINECURRENTTARGET
  • Electricity losses per yearValue25.0025.0021.00
    DateDecember 31, 2020November 16, 2023June 30, 2026
    Comment
  • Yearly system average interruption duration index (SAIDI)Value230.00230.00170.00
    DateDecember 31, 2020November 16, 2023December 31, 2025
    Comment
  • Collection from post-paid private customersValue70.0070.0095.00
    DateDecember 31, 2020November 16, 2023June 30, 2026
    Comment

INTERMEDIATE RESULTS INDICATORS

INDICATORBASELINECURRENTTARGET
  • Key studies launched for least-cost power generation investmentValueNoNoYes
    DateDecember 31, 2020November 16, 2023June 30, 2026
    Comment
  • Customers with advanced metering infrastructure financed under the projectValue0.000.008000.00
    DateDecember 31, 2020November 16, 2023June 30, 2026
    Comment
  • Length of distribution lines constructed or rehabilitated through the projectValue0.000.0050.00
    DateDecember 31, 2020November 16, 2023June 30, 2026
    Comment
  • Percentage of women in technical and managerial roles within PPLValue3.003.006.00
    DateDecember 31, 2020November 16, 2023June 30, 2026
    Comment
  • Project preparatory studies for NBHPP completedValueNoNoYes
    DateDecember 31, 2020November 16, 2023June 30, 2026
    Comment
  • Percentage of total sales (KWh) covered by the Revenue Protection Program (RPP)Value0.000.0080.00
    DateDecember 31, 2020November 16, 2023June 30, 2026
    Comment
  • Transmission capacity installed or rehabilitated through the projectValue0.000.0070000.00
    DateDecember 31, 2020November 16, 2023June 30, 2026
    Comment
  • Progress towards identification and implementation of recommendations of the gender safety auditValueNo audit.No auditAt least 50% of recommendations implemented.
    DateDecember 31, 2020November 16, 2023June 30, 2026
    Comment
  • Installation of Management Information Systems (MIS) at PPL, and populated with dataValueNoNoAll systems in MIS set functioning and used for PP
    DateDecember 31, 2020November 16, 2023June 30, 2026
    Comment
  • PPL publishes (annual) report on customer satisfaction surveys, including actions adopted to respond to customer concernsValueNoNoYes
    DateDecember 31, 2020November 16, 2023June 30, 2026
    Comment
  • Entity audit report submissionValueNoNoYes
    DateDecember 31, 2020November 16, 2023June 30, 2026
    Comment
  • Project Steering Committee meets regularly to discuss project implementation statusValue0.001.004.00
    DateDecember 31, 2020November 16, 2023June 30, 2026
    Comment