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Indonesia Sustainable Least-cost Electrification-1 (ISLE-1) Program

Abstract*

The development objective of the Sustainable Least-Cost Electrification-1 (ISLE-1) Program - Program-for-Results for Indonesia is to increase access to sustainable and lower‐cost electricity in Maluku and Nusa Tenggara regions and strengthen the operational capacity of the electric utility. The operation contributes to addressing these three main sector challenges: it supports the development of low‐carbon, affordable and reliable electricity supply...

* The project abstract is drawn from the PAD, SAR or PGD and may not accurately reflect the project's current nature

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Development Objective

To increase access to sustainable and lower-cost electricity in Maluku and Nusa Tenggara regions, and strengthen the operational capacity of the electric utility

Key Details

Project Details

  • P174350

  • Active

  • Sabine Cornieti , Puguh Imanto

  • PT PLN (Persero)

  • Indonesia

  • May 6, 2021

  • (as of board presentation)

    June 26, 2023

  • July 31, 2024

  • US$ 1141.00 million

  • PT PLN Persero (PLN)

  • East Asia and Pacific

  • 2023

  • US$ 581.50 million

  • N/A

  • Not Applicable

  • June 30, 2029

  • Yes

  • BANK APPROVED

  • October 1, 2023

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
International Bank for Reconstruction and Development 500.00
Borrower/Recipient 159.50
Canada Clean Energy and Forest Climate Facility Trust Fund 47.50
Clean Technology Fund 34.00

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment 500.00
IDA Commitment N/A
IBRD + IDA Commitment 500.00
Lending Instrument
Grant Amount 81.50
Total Project Cost** 1141.00

Summary Status of World Bank Financing (US$ Millions) as of April 30, 2025

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

Detailed Financial Activity as of April 30, 2025

Download:
No data available.
Period Financier Transaction Type Amount (US$)
Jun 26, 2023 TF-C1477 Loan Commitment 15,000,000.00
Jun 26, 2023 IBRD-95570 Loan Commitment 500,000,000.00
Jun 26, 2023 TF-C1478 Loan Commitment 47,500,000.00

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name Review Date
Progress towards achievement of PDO Moderately Satisfactory 2024-11-22
Monitoring and Evaluation Moderately Satisfactory 2024-11-22
Overall Implementation Progress (IP) Moderately Satisfactory 2024-11-22

COMPLETION RATINGS

No data available.

INDEPENDENT EVALUATION RATINGS

No data available.

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATORBASELINECURRENTTARGET
  • Generation capacity of energy constructed or rehabilitatedValue0.000.00600.00
    DateJuly 20, 2021July 30, 2026
    Comment
  • Renewable energy generation capacity (other than hydropower) constructed under the projectValue0.000.00600.00
    DateJuly 1, 2022December 30, 2027
    Comment
  • Net greenhouse gas (GHG) emissionsValue0.000.00608584.00
    DateJuly 21, 2021December 31, 2027
    Comment
  • Average Generation Costs in the Maluku and Nusa Tenggara RegionsValue0.000.0020.00
    DateJuly 21, 2021October 19, 2028
    Comment
  • People provided with new or improved electricity serviceValue0.000.001924000.00
    DateJuly 14, 2021July 27, 2028
    Comment
  • People provided with new or improved electricity service - FemaleValue0.000.000.00
    Date
    Comment
  • Implementation of a new integrated strategic IT solution including a new Enterprise Resource Plan (ERP)ValueNoYes
    DateJuly 27, 2022December 31, 2027
    Comment

INTERMEDIATE RESULTS INDICATORS

INDICATORBASELINECURRENTTARGET
  • Share of female-headed households provided with new or improved electricity servicesValue67.000.0099.00
    DateJuly 28, 2021November 25, 2027
    Comment
  • Increased energy production of renewable energyValue0 MWh per year786,298 MWh per year
    DateJuly 20, 2021November 30, 2028
    Comment
  • Grievances received and addressed through the project’s Grievance Redress Mechanism within the specified timeframeValue0.000.0090.00
    DateJuly 28, 2021November 30, 2026
    Comment
  • MWh of new battery storage equipment installed and operating in the Maluku and Nusa Tenggara RegionsValue0.000.000.32
    DateJuly 21, 2021July 23, 2026
    Comment
  • Reporting of new jobs created through the investments by type of job (i.e. permanent/temporary)ValueNoYes
    DateJuly 28, 2021November 30, 2027
    Comment
  • ERP hardware and software installedValueNoYes
    DateJuly 27, 2022December 31, 2026
    Comment