| Financier | Commitments |
|---|---|
| Borrowing Agency | 305.10 |
| IDA Grant | 134.00 |
Program for the Recovery of the Electricity Sector in Tajikistan
Abstract*
The development objective of Power Utility Financial Recovery Program for Results Project for Tajikistan are to improve the financial viability, increase the reliability of electricity supply, and strengthen the governance of Barqi Tojik (BT). The government program for financial recovery of BT includes policy, financial, and operational measures aimed at improving the financial viability of BT and increasing reliability of electricity supply. The... Show More
Development Objective
The Program development objectives are to improve the financial viability, increase the reliability of electricity supply, and strengthen the governance of Barqi Tojik, Shabakahoi Intiqoli Barq, and Shabakahoi Taqsimoti Barq.
Key Details
Project Details
P168211
Active
Christopher Trimble , Farida Mamadaslamova
Republic of Tajikistan
February 4, 2019
(as of board presentation)
February 25, 2020
July 1, 2020
US$ 479.10 million
Ministry of Energy and Water Resources,Barqi Tojik,Shabakahoi Taqsimoti Barq,Ministry of Finance,Shabakahoi Intiqoli Barq
2020
US$ 134.00 million
N/A
Not Applicable
August 31, 2032
No
BANK APPROVED
June 21, 2024
Finances
Financing Plan (US$ Millions)
Total Project Financing (US$ Millions)
| Product Line | IBRD/IDA |
|---|---|
| IBRD Commitment | N/A |
| IDA Commitment | 134.00 |
| IBRD + IDA Commitment | 134.00 |
| Lending Instrument | |
|---|---|
| Grant Amount | N/A |
| Total Project Cost** | 479.10 |
Summary Status of World Bank Financing (US$ Millions) as of April 30, 2025
No data available.
| Period | Financier | Transaction Type | Amount (US$) |
|---|---|---|---|
| Aug 25, 2023 | IDA-D5580 | Loan Disb | 10,779,248.00 |
| Apr 13, 2022 | IDA-D5580 | Loan Disb | 3,965,696.00 |
| Dec 27, 2022 | IDA-D5580 | Loan Disb | 964,859.00 |
| Dec 14, 2022 | IDA-D5580 | Loan Disb | 14,856,978.00 |
| Feb 25, 2020 | IDA-D5580 | Loan Commitment | 134,000,000.00 |
| Feb 21, 2023 | IDA-D5580 | Loan Disb | 7,109,900.00 |
| Feb 26, 2021 | IDA-D5580 | Loan Disb | 15,033,175.00 |
| Feb 24, 2021 | IDA-D5580 | Loan Disb | 9,117,565.00 |
| Sep 23, 2020 | IDA-D5580 | Loan Disb | 31,471,660.00 |
| Jun 30, 2022 | IDA-E1010 | Loan Commitment | 80,000,000.00 |
| Dec 20, 2023 | IDA-D5580 | Loan Disb | 3,878,463.00 |
| Nov 19, 2020 | IDA-D5580 | Loan Disb | 3,097,079.00 |
Ratings
IMPLEMENTATION RATINGS
| Name | Review | Date |
|---|---|---|
| Monitoring and Evaluation | Satisfactory | 2024-05-08 |
| Overall Implementation Progress (IP) | Moderately Satisfactory | 2024-05-08 |
| Progress towards achievement of PDO | Moderately Satisfactory | 2024-05-08 |
COMPLETION RATINGS
| INDICATOR | IMPLEMENTATION COMPLETION & RESULTS REPORT: 06-10-2022 |
|---|---|
| Outcomes | Moderately Satisfactory |
| Risk to Development Outcome | |
| Bank Performance | Substantial |
| Borrower Performance | |
| Government Performance | |
| Implementing Agency |
INDEPENDENT EVALUATION RATINGS
No data available.
Results Framework
PROJECT DEVELOPMENT OBJECTIVE INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
Reduction of BT’s cash deficit Value TjS $19.5 billion To be confirmed by the audit report due by July 20 Date December 31, 2019 December 31, 2021 Comment Reduction of equipment failures in electricity transmission and distribution networks of BT Value 2417.00 2180.00 0.00 Date December 31, 2018 December 31, 2021 Comment New generation and T&D capital investment decisions are made by the Recipient considering sound economic, technical, and financial principles Value No Preparation of generation expansion plan is underw Date December 31, 2018 December 31, 2021 Comment Adequate electricity supply received by BT from Sangtuda-1 power plant Value At least 1,800 GWh/year 2200 Date December 31, 2018 December 31, 2021 Comment
INTERMEDIATE RESULTS INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
Extent to which end-user tariffs cover the revenue requirement of BT Value 20.00 20.00 0.00 Date December 31, 2018 December 31, 2021 Comment Actual expenditures on repair and upgrade of electricity T&D assets compared to the plan for 2020-2025. Value No Yes Date December 31, 2018 December 31, 2021 Comment Update and adoption of GEP and preparation and update of T&D network development plans Value No in progress Date December 31, 2018 December 31, 2021 Comment Days of payables outstanding to Sangtuda-1 power plant Value 397.00 330.00 0.00 Date December 31, 2018 December 31, 2021 Comment BT generation, transmission, and distribution companies have functional Supervisory Boards and the specialized committees Value No Underway Date December 31, 2018 December 31, 2021 Comment Debt service coverage ratio Value 0.04 0.06 0.00 Date December 31, 2018 December 31, 2021 Comment BT discloses key quarterly operational and financial data Value No Yes Date December 31, 2018 December 31, 2021 Comment Percentage of citizens who believe that the Program has established effective engagement processes Value 0.00 10.00 0.00 Date December 31, 2018 December 31, 2021 Comment