| Financier | Commitments |
|---|---|
| Energy Sector Management Assistance Program | 10.00 |
| International Bank for Reconstruction and Development | 439.50 |
| Canada Clean Energy and Forest Climate Facility Trust Fund | 47.50 |
Eskom Just Energy Transition Project
Abstract*
The development objective of Eskom Just Energy Transition Project for South Africa is to (i) decommission the Komati coal-fired power plant, (ii) repurpose the project area with renewables, and (iii) create opportunities for workers and communities during the transition process. This project has three components. 1) The first component, Komati Decommissioning, has the following sub-components: (i) Subcomponent A.1; and (ii) Subcomponent A.2. 2) The... Show More
Development Objective
The PDO is to (i) decommission the Komati coal-fired power plant, (ii) repurpose the project area with renewables, and (iii) create opportunities for workers and communities during the transition process.
Key Details
Project Details
P177398
Active
Mirlan Aldayarov , Miarintsoa Rakotondramanana, Bandita Sijapati
Eskom Holdings Soc Ltd,Eskom Holdings Soc Ltd
December 2, 2021
(as of board presentation)
November 3, 2022
July 28, 2023
US$ 497.00 million
Eskom Holdings Soc Ltd
2023
US$ 497.00 million
N/A
December 18, 2023
December 29, 2028
No
BANK APPROVED
Finances
Financing Plan (US$ Millions)
Total Project Financing (US$ Millions)
| Product Line | IBRD/IDA |
|---|---|
| IBRD Commitment | 439.50 |
| IDA Commitment | N/A |
| IBRD + IDA Commitment | 439.50 |
| Lending Instrument | |
|---|---|
| Grant Amount | 57.50 |
| Total Project Cost** | 497.00 |
Summary Status of World Bank Financing (US$ Millions) as of March 31, 2025
No data available.
| Period | Financier | Transaction Type | Amount (US$) |
|---|---|---|---|
| Nov 3, 2022 | IBRD-94500 | Loan Commitment | 439,500,000.00 |
| Dec 20, 2022 | TF-B9712 | Loan Commitment | 47,500,000.00 |
| Jun 1, 2024 | IBRD-94500 | Int Charges | 130.03 |
| Dec 1, 2023 | IBRD-94500 | Int Charges | 24,463.75 |
| Jun 1, 2024 | IBRD-94500 | Int Charges | 37,359.25 |
| Jul 28, 2023 | IBRD-94500 | Fee Charges | 1,098,750.00 |
| Jul 28, 2023 | IBRD-94500 | Loan Disb | 1,098,750.00 |
| Jun 1, 2024 | IBRD-94500 | Int Charges | 548,255.94 |
| Dec 1, 2023 | IBRD-94500 | Int Charges | 649,270.94 |
Ratings
IMPLEMENTATION RATINGS
| Name | Review | Date |
|---|---|---|
| Procurement | Moderately Unsatisfactory | 2025-03-07 |
| Project Management | Satisfactory | 2025-03-07 |
| Financial Management | Unsatisfactory | 2025-03-07 |
| Monitoring and Evaluation | Satisfactory | 2025-03-07 |
| Overall Implementation Progress (IP) | Moderately Satisfactory | 2025-03-07 |
| Progress towards achievement of PDO | Moderately Satisfactory | 2025-03-07 |
COMPLETION RATINGS
No data available.
INDEPENDENT EVALUATION RATINGS
No data available.
Results Framework
PROJECT DEVELOPMENT OBJECTIVE INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
Eskom Workers at Komati retrained / re-deployed / compensated Value 0.00 0.00 100.00 Date July 28, 2022 August 8, 2023 October 24, 2028 Comment Suppliers, contractors and enterprises supported Value 0.00 0.00 40.00 Date September 22, 2022 August 8, 2023 October 24, 2028 Comment Net greenhouse gas (GHG) emissions Value 80000.00 80000.00 0.00 Date September 30, 2022 August 8, 2023 October 24, 2028 Comment EJETP Community Forum established (% of female representation) Value 0.00 0.00 50.00 Date October 26, 2022 August 8, 2023 March 22, 2023 Comment Renewable energy produced (annually) Value 0.00 0.00 420.00 Date October 26, 2022 August 8, 2023 October 25, 2028 Comment
INTERMEDIATE RESULTS INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
Hiring of Owner-Engineer (OE) Value 20220622 20230831 20230925 Date September 30, 2022 August 8, 2023 October 24, 2028 Comment Installation of 150 MW energy storage Value 0.00 0.00 150.00 Date September 29, 2022 July 16, 2025 July 16, 2025 Comment Suppliers, contractors, enterprises supported that are women-led Value 0.00 0.00 50.00 Date September 28, 2022 August 8, 2023 October 26, 2028 Comment Hiring of EPC contractor Value 20220622 20240430 20250331 Date October 26, 2022 August 8, 2023 October 25, 2028 Comment Synchronous Condensers Value 0.00 0.00 3.00 Date September 28, 2022 August 8, 2023 October 27, 2026 Comment Female Komati workers trained at Komati who are gainfully employed or self-employed 6 months after certification Value 0.00 0.00 80.00 Date September 28, 2022 August 8, 2023 October 25, 2028 Comment Coal Plant Decommissioning Guidelines Value No No Yes Date October 27, 2022 August 8, 2023 October 25, 2028 Comment Generation capacity of energy constructed or rehabilitated Value 0.00 0.00 220.00 Date October 26, 2022 August 8, 2023 October 24, 2028 Comment Grievances solved within 6 month Value 0.00 0.00 80.00 Date September 28, 2022 August 8, 2023 October 24, 2028 Comment Feedback received through the stakeholder engagement platforms and Eskom’s responses published on a semi-annual basis Value 0.00 0.00 40.00 Date October 25, 2022 August 8, 2023 October 24, 2028 Comment Thermal (conventional) power generation capacity constructed under the project Value 0.00 0.00 0.00 Date October 25, 2022 August 8, 2023 October 25, 2028 Comment Socio-Economic Guidelines for Coal Plant Retirement Value No No Yes Date October 25, 2022 August 8, 2023 October 24, 2028 Comment Hydropower generation capacity constructed under the project Value 0.00 0.00 0.00 Date July 27, 2022 August 8, 2023 October 24, 2028 Comment Hydropower generation capacity rehabilitated under the project Value 0.00 0.00 0.00 Date October 25, 2022 August 8, 2023 October 24, 2028 Comment Renewable energy generation capacity (other than hydropower) constructed under the project Value 0.00 0.00 220.00 Date October 26, 2022 August 8, 2023 October 25, 2028 Comment Renewable energy generation capacity (other than hydropower) rehabilitated under the project Value 0.00 0.00 0.00 Date October 26, 2022 August 8, 2023 October 31, 2028 Comment Thermal (conventional) power generation capacity rehabilitated under the project Value 0.00 0.00 0.00 Date October 25, 2022 August 8, 2023 October 24, 2028 Comment Coal Plant Repurposing Guidelines Value No No Yes Date October 26, 2022 August 8, 2023 October 25, 2028 Comment Volume of private and public direct finance mobilized for renewable energy leveraged Value 0.00 0.00 350000000.00 Date October 25, 2022 August 8, 2023 October 25, 2028 Comment New renewable energy jobs directly created (Percentage m/f, Percentage permanent/temporary). Value 0.00 0.00 100.00 Date October 25, 2022 August 8, 2023 October 25, 2028 Comment