| Financier | Commitments |
|---|---|
| KOREA, Govt. of | 13.00 |
| IDA Credit | 500.00 |
| Borrowing Agency | 250.00 |
| Climate Investment Funds | 15.00 |
Electricity Distribution Modernization Program
Abstract*
The development objective of the Electricity Distribution Modernization Program Project for Bangladesh is to increase the delivery, reliability, and efficiency of electricity supply and strengthen institutional capacity and readiness for its sustainable transformation. The following results areas will be supported under the program: results area 1: increased delivery, climate resilience, and digitalization of electricity supply; results area 2: increased... Show More
Development Objective
The PDO is to increase the delivery, reliability and efficiency of electricity supply and strengthen institutional capacity and readiness for its sustainable transformation.
Key Details
Project Details
P174650
Active
Phillip Hannam
People's Republic of Bangladesh
November 19, 2020
(as of board presentation)
December 21, 2021
September 25, 2022
US$ 4115.00 million
Bangladesh Rural Electrification Board,Ministry of Power, Energy and Mineral Resources - Power Cell
2022
US$ 528.00 million
N/A
Not Applicable
December 31, 2026
BANK APPROVED
June 25, 2024
Finances
Financing Plan (US$ Millions)
Total Project Financing (US$ Millions)
| Product Line | IBRD/IDA |
|---|---|
| IBRD Commitment | N/A |
| IDA Commitment | 500.00 |
| IBRD + IDA Commitment | 500.00 |
| Lending Instrument | |
|---|---|
| Grant Amount | 28.00 |
| Total Project Cost** | 4115.00 |
Summary Status of World Bank Financing (US$ Millions) as of March 31, 2025
No data available.
| Period | Financier | Transaction Type | Amount (US$) |
|---|---|---|---|
| Feb 15, 2024 | IDA-70210 | Int Charges | 4,076,798.20 |
| Dec 21, 2021 | IDA-70210 | Loan Commitment | 500,000,000.00 |
| Aug 15, 2024 | IDA-70210 | Int Charges | 21,869.66 |
| Aug 15, 2024 | IDA-70210 | Int Charges | 412,493.40 |
| Aug 15, 2024 | IDA-70210 | Int Charges | 5,770,930.50 |
| Feb 15, 2024 | IDA-70210 | Int Charges | 34,604.09 |
| Feb 15, 2024 | IDA-70210 | Int Charges | 479,843.53 |
| May 23, 2024 | IDA-70210 | Loan Disb | 3,250,000.00 |
| Aug 15, 2023 | IDA-70210 | Int Charges | 120,150.67 |
| Aug 15, 2023 | IDA-70210 | Int Charges | 472,335.62 |
| Aug 15, 2023 | IDA-70210 | Int Charges | 3,546,844.00 |
| Nov 8, 2022 | IDA-70210 | Loan Disb | 3,250,000.00 |
| Feb 15, 2023 | IDA-70210 | Int Charges | 493,032.53 |
| Feb 15, 2023 | IDA-70210 | Int Charges | 1,964,898.00 |
| Sep 25, 2022 | IDA-70210 | Fee Charges | 1,250,000.00 |
| Oct 24, 2022 | IDA-70210 | Loan Disb | 115,750,000.00 |
| May 23, 2024 | IDA-70210 | Loan Disb | 103,332,944.00 |
Ratings
IMPLEMENTATION RATINGS
| Name | Review | Date |
|---|---|---|
| Progress towards achievement of PDO | Moderately Unsatisfactory | 2025-02-20 |
| Monitoring and Evaluation | Moderately Unsatisfactory | 2025-02-20 |
| Overall Implementation Progress (IP) | Moderately Unsatisfactory | 2025-02-20 |
COMPLETION RATINGS
No data available.
INDEPENDENT EVALUATION RATINGS
No data available.
Results Framework
PROJECT DEVELOPMENT OBJECTIVE INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
Electricity system losses reduced Value 9.10 7.16 7.00 Date July 1, 2020 March 31, 2024 June 30, 2026 Comment BESS pilot completed in BREB's distribution network Value 0.00 0.00 1.00 Date November 17, 2020 March 31, 2024 June 30, 2026 Comment SCADA pilot completed in BREB's distribution network Value 0.00 1.00 1.00 Date November 17, 2020 May 31, 2023 July 31, 2026 Comment Electricity delivery to BREB customers increased Value 0.00 6466.14 6790.00 Date November 17, 2020 March 31, 2024 June 30, 2026 Comment People provided with new or improved electricity service Value 0.00 5420865.00 9000000.00 Date November 17, 2020 March 31, 2024 June 30, 2026 Comment People provided with new or improved electricity service - Female Value 0.00 0.00 4500000.00 Date December 18, 2021 May 21, 2023 December 31, 2026 Comment
INTERMEDIATE RESULTS INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
Guidelines to address extreme weather, disaster and climate risks in distribution network infrastructure adopted by BREB Value No No Yes Date November 17, 2020 March 31, 2024 July 31, 2026 Comment Renewable Energy and BESS roadmap adopted by BREB Value No No Yes Date November 17, 2020 March 31, 2024 July 31, 2026 Comment Sector institutional, regulatory capacity and gender consideration increased Value No No Yes Date June 30, 2020 March 31, 2024 June 30, 2026 Comment Distribution network capacity increased Value 0.00 1740000.00 2150000.00 Date June 30, 2020 March 31, 2024 June 30, 2026 Comment Solar net and/or gross metering connections provided to industrial and commercial customers by BREB Value 0.00 146.00 100.00 Date June 30, 2020 March 31, 2024 June 30, 2026 Comment Share of BREB and PBS female staff in technical roles Value 2.80 2.50 10.00 Date November 15, 2020 March 31, 2024 June 30, 2026 Comment Distribution lines constructed or upgraded Value 0.00 10982.00 31000.00 Date June 30, 2020 March 31, 2024 June 30, 2026 Comment Distributed solar generation capacity developed in Program Areas Value 0.00 42.96 150.00 Date June 30, 2020 March 31, 2024 June 30, 2026 Comment Distribution substations constructed or upgraded Value 0.00 149.00 157.00 Date June 30, 2020 March 31, 2024 June 30, 2026 Comment Distribution lines constructed underground Value 0.00 0.00 400.00 Date November 17, 2020 March 31, 2024 June 30, 2026 Comment BESS connections to the BREB distribution network increased Value 0.00 0.00 40.00 Date June 30, 2020 March 31, 2024 June 30, 2026 Comment Advanced Metering Infrastructure implemented Value 0.00 520000.00 200000.00 Date June 30, 2020 March 31, 2024 June 30, 2026 Comment GHG emission reductions from solar and BESS investments in Program Value 0.00 0.00 41400.00 Date November 17, 2020 March 31, 2024 June 30, 2026 Comment Smart Meter Data Center implemented Value No Yes Date Comment Smart meters installed Value 0.00 520000.00 200000.00 Date November 30, 2020 March 31, 2024 June 30, 2026 Comment Digital systems and processes to track System Average Interruption Duration Index (SAIDI) and System Average Interruption FrequencyIndex (SAIFI) established in selected areas under the program Value No No Yes Date June 30, 2020 March 31, 2024 June 30, 2026 Comment