| Financier | Commitments |
|---|---|
| IDA Credit | 200.00 |
| IDA Shorter Maturity Loan (SML) | 200.00 |
Kenya Green and Resilient Expansion of Energy Program
Abstract*
Given the need for a long-term, sustained engagement to achieve a financially and operationally sustainable power sector and achieve the vision of universal access to electricity, a 4-phase MPA is proposed with the objectives of increasing access to electricity in Kenya in a financially and environmentally sustainable manner. It is proposed that the first phase would be a PforR focusing on helping KPLC strengthen its financial and operational foundation... Show More
Development Objective
To improve financial viability of KPLC and increase access to electricity.
Key Details
Project Details
P176698
Active
Jukka-Pekka Strand , Aalok Pandey, Grace Nyaguthii
Republic of Kenya
October 4, 2022
(as of board presentation)
June 15, 2023
March 13, 2024
US$ 300.00 million
Kenya Power and Lighting Company (KPLC)
2023
US$ 400.00 million
N/A
Substantial
June 30, 2028
Yes
BANK APPROVED
June 6, 2024
Finances
Financing Plan (US$ Millions)
Total Project Financing (US$ Millions)
| Product Line | IBRD/IDA |
|---|---|
| IBRD Commitment | N/A |
| IDA Commitment | 400.00 |
| IBRD + IDA Commitment | 400.00 |
| Lending Instrument | |
|---|---|
| Grant Amount | N/A |
| Total Project Cost** | 300.00 |
Summary Status of World Bank Financing (US$ Millions) as of April 30, 2025
No data available.
| Period | Financier | Transaction Type | Amount (US$) |
|---|---|---|---|
| Jun 10, 2024 | IDA-73440 | Loan Disb | 33,873,972.00 |
| Jun 10, 2024 | IDA-73430 | Loan Disb | 46,436,192.00 |
| Jun 15, 2023 | IDA-73440 | Loan Commitment | 200,000,000.00 |
| Jun 15, 2023 | IDA-73430 | Loan Commitment | 200,000,000.00 |
Ratings
Results Framework
PROJECT DEVELOPMENT OBJECTIVE INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
People provided with new or improved electricity service Value 0.00 1324732.00 5280000.00 Date June 15, 2023 May 17, 2024 June 30, 2028 Comment People provided with new or improved electricity service Value 0.00 1324732.00 5280000.00 Date June 15, 2023 May 17, 2024 June 30, 2028 Comment People provided with new or improved electricity service - Female Value 0.00 662366.00 660000.00 Date Comment People provided with new or improved electricity service - Female Value 0.00 662366.00 660000.00 Date Comment KPLC funding shortfall reduced Value 0.00 0.00 100.00 Date June 15, 2023 May 17, 2024 June 30, 2028 Comment KPLC funding shortfall reduced Value 0.00 0.00 100.00 Date June 15, 2023 May 17, 2024 June 30, 2028 Comment
INTERMEDIATE RESULTS INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
Representation of private shareholding in KPLC Board Value 0.00 4.00 3.00 Date June 15, 2023 May 17, 2024 June 30, 2028 Comment Representation of private shareholding in KPLC Board Value 0.00 4.00 3.00 Date June 15, 2023 May 17, 2024 June 30, 2028 Comment Last mile receivable adjustment from Government of Kenya Value 0.00 0.00 100.00 Date June 15, 2023 May 17, 2024 June 30, 2028 Comment Last mile receivable adjustment from Government of Kenya Value 0.00 0.00 100.00 Date June 15, 2023 May 17, 2024 June 30, 2028 Comment Total System Losses Value 23.00 23.51 18.00 Date June 15, 2023 May 17, 2024 June 30, 2028 Comment Total System Losses Value 23.00 23.51 18.00 Date June 15, 2023 May 17, 2024 June 30, 2028 Comment Implementation of Corporate Turnaround Strategy Value No No Yes Date June 15, 2023 May 17, 2024 June 30, 2028 Comment Implementation of Corporate Turnaround Strategy Value No No Yes Date June 15, 2023 May 17, 2024 June 30, 2028 Comment Accounts payable to KenGen by KPLC Value >155 Days of Cost Equivalent 60 Days of Cost Equivalent 100 Days of Cost Equivalent Date June 15, 2023 May 17, 2024 June 30, 2028 Comment Accounts payable to KenGen by KPLC Value >155 Days of Cost Equivalent 60 Days of Cost Equivalent 100 Days of Cost Equivalent Date June 15, 2023 May 17, 2024 June 30, 2028 Comment Transformer failure rate Value 4.00 3.40 2.50 Date June 15, 2023 May 17, 2024 June 30, 2028 Comment Transformer failure rate Value 4.00 3.40 2.50 Date June 15, 2023 May 17, 2024 June 30, 2028 Comment Female participation rate in KPLC workforce Value 23.00 23.00 28.00 Date June 15, 2023 May 17, 2024 June 30, 2028 Comment Female participation rate in KPLC workforce Value 23.00 23.00 28.00 Date June 15, 2023 May 17, 2024 June 30, 2028 Comment Accounts payable to IPPs by KPLC Value >115 Days of Cost Equivalent 79 Days of Cost Equivalent 80 Days of Cost Equivalent Date June 15, 2023 May 17, 2024 June 30, 2028 Comment Accounts payable to IPPs by KPLC Value >115 Days of Cost Equivalent 79 Days of Cost Equivalent 80 Days of Cost Equivalent Date June 15, 2023 May 17, 2024 June 30, 2028 Comment SAIDI Value 6.50 6.20 5.00 Date June 15, 2023 May 17, 2024 June 30, 2028 Comment SAIDI Value 6.50 6.20 5.00 Date June 15, 2023 May 17, 2024 June 30, 2028 Comment A climate resilient and least cost power distribution master plan adopted Value No No Yes Date June 15, 2023 May 17, 2024 June 30, 2028 Comment A climate resilient and least cost power distribution master plan adopted Value No No Yes Date June 15, 2023 May 17, 2024 June 30, 2028 Comment An improved last mile electrification program adopted and implemented Value No No Yes Date June 15, 2023 May 17, 2024 June 30, 2028 Comment An improved last mile electrification program adopted and implemented Value No No Yes Date June 15, 2023 May 17, 2024 June 30, 2028 Comment