| Financier | Commitments |
|---|---|
| Borrower/Recipient | 25.10 |
| International Bank for Reconstruction and Development | 70.00 |
Transmission Investment Plan (PIT) to support Post-COVID-19 Green Economic Recovery in Peru
Abstract*
The development objective of the Transmission Investment Plan (PIT) to Support Post-COVID-19 Green Economic Recovery in Peru is to increase electricity availability and reliability in selected areas of Peru and support the modernization of the power sector regulatory framework. The project comprises of three components. The first component, strengthening and expansion of substations and transmission lines will finance priority sub transmission investments... Show More
Development Objective
To increase electricity availability and reliability in selected areas of Peru and support the modernization of the power sector regulatory framework.
Key Details
Project Details
P174812
Active
Janina Franco Salazar , Ines Perez Arroyo
Ministry of Economy and Finance
September 15, 2020
(as of board presentation)
September 9, 2021
April 22, 2022
US$ 95.10 million
Ministry of Energy and Mines
2022
US$ 70.00 million
N/A
Moderate
November 30, 2026
TBD
BANK APPROVED
February 21, 2024
Finances
Financing Plan (US$ Millions)
Total Project Financing (US$ Millions)
| Product Line | IBRD/IDA |
|---|---|
| IBRD Commitment | 70.00 |
| IDA Commitment | N/A |
| IBRD + IDA Commitment | 70.00 |
| Lending Instrument | |
|---|---|
| Grant Amount | N/A |
| Total Project Cost** | 95.10 |
Summary Status of World Bank Financing (US$ Millions) as of April 30, 2025
No data available.
| Period | Financier | Transaction Type | Amount (US$) |
|---|---|---|---|
| Sep 9, 2021 | IBRD-92880 | Loan Commitment | 70,000,000.00 |
| Jun 21, 2022 | IBRD-92880 | Fee Charges | 175,000.00 |
| Aug 15, 2022 | IBRD-92880 | Int Charges | 51,780.81 |
| Aug 15, 2023 | IBRD-92880 | Int Charges | 86,201.27 |
| Feb 15, 2023 | IBRD-92880 | Int Charges | 88,219.16 |
| Jul 27, 2023 | IBRD-92880 | Loan Disb | 4,453,268.50 |
| Feb 15, 2024 | IBRD-92880 | Int Charges | 82,551.64 |
| Aug 15, 2024 | IBRD-92880 | Int Charges | 81,485.69 |
| Aug 15, 2024 | IBRD-92880 | Int Charges | 141,668.28 |
| Feb 15, 2024 | IBRD-92880 | Int Charges | 141,183.10 |
| Feb 15, 2024 | IBRD-92880 | Int Charges | 579.54 |
| Feb 15, 2024 | IBRD-92880 | Int Charges | 13,071.77 |
| Aug 15, 2024 | IBRD-92880 | Int Charges | 818.42 |
Ratings
IMPLEMENTATION RATINGS
| Name | Review | Date |
|---|---|---|
| Overall Implementation Progress (IP) | Moderately Unsatisfactory | 2025-03-06 |
| Procurement | Moderately Satisfactory | 2025-03-06 |
| Progress towards achievement of PDO | Moderately Unsatisfactory | 2025-03-06 |
| Project Management | Moderately Satisfactory | 2025-03-06 |
| Monitoring and Evaluation | Moderately Unsatisfactory | 2025-03-06 |
| Financial Management | Unsatisfactory | 2025-03-06 |
COMPLETION RATINGS
No data available.
INDEPENDENT EVALUATION RATINGS
No data available.
Results Framework
PROJECT DEVELOPMENT OBJECTIVE INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
Increased electricity capacity (MVA) in selected electricity systems Value 0.00 0.00 477.00 Date November 23, 2020 February 7, 2024 November 20, 2026 Comment Submission of regulation for legislative or ministerial approval for modernizing electricity sector regulatory framework Value 0 0 At least two regulation submitted for legislative Date November 23, 2021 February 7, 2024 November 20, 2026 Comment Transmission System Average Interruption Frequency Index (SAIFI) in selected electricity systems Value 4.30 4.30 3.94 Date November 22, 2021 February 7, 2024 November 20, 2026 Comment Electricity customers provided with improved or new electricity service in selected electricity systems Value 0.00 0.00 1300000.00 Date November 22, 2021 February 7, 2024 November 20, 2026 Comment
INTERMEDIATE RESULTS INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
Subprojects bidded out for selected electricity systems Value 0.00 0.00 24.00 Date November 23, 2021 February 7, 2024 November 20, 2026 Comment Design and submission for legislative or ministerial approval of sustainable mechanism for the financing of subtransmission investments under the Transmission Investment Plans (PITs) Value No sustainable mechanism in place to finance of PI No sustainable mechanism in place to finance of PI -- Date November 23, 2021 February 7, 2024 November 20, 2026 Comment Share of women in professional positions in the Directorate of Competitive Funds (DFC) Value 0.00 20.00 36.00 Date November 23, 2021 February 7, 2024 November 20, 2026 Comment Participants in consultation activities during Project implementation Value 0.00 0.00 150.00 Date November 23, 2021 February 7, 2024 November 20, 2026 Comment Subprojects screened for climate and natural disaster risks Value 0.00 12.00 24.00 Date November 23, 2021 February 7, 2024 November 20, 2026 Comment Percentage of stakeholders expressing satisfaction with consultation and engagement process done under the Project Value 0.00 0.00 50.00 Date November 23, 2021 February 7, 2024 November 20, 2026 Comment Selected substations expanded or newly constructed Value 0.00 0.00 15.00 Date November 23, 2021 February 7, 2024 November 20, 2026 Comment Selected transmission lines repowered or constructed Value 0.00 0.00 77.00 Date November 23, 2021 February 7, 2024 November 20, 2026 Comment Avoided diesel generation in selected existing substations Value 0.00 0.00 455600.00 Date November 23, 2021 February 7, 2024 November 20, 2026 Comment