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Electricity Sector Modernization and Sustainability Project

Abstract*

The Project aims to improve the operational efficiency and reliability of the electricity sector in a multi-dimensional manner – proven loss reduction methods through advanced metering infrastructure; modernization of the distribution network and its operations; and introduction of digital tools for operations and commercial activities. The financial performance is expected to improve with adherence to a tariff trajectory towards cost recovery and...

* 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 improve the financial performance and operational reliability of the electricity sector.

Key Details

Project Details

  • P177871

  • Active

  • Maksudjon Safarov , Jianping Zhao, Oraz Sultanov

  • Kyrgyz Republic

  • Kyrgyz Republic

  • January 13, 2022

  • (as of board presentation)

    June 23, 2022

  • July 28, 2023

  • US$ 58.00 million

  • Ministry of Energy

  • Europe and Central Asia

  • 2022

  • US$ 50.00 million

  • N/A

  • February 22, 2024

  • December 31, 2027

  • Yes

  • BANK APPROVED

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
IDA Credit 25.00
IDA Grant 25.00

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment N/A
IDA Commitment 50.00
IBRD + IDA Commitment 50.00
Lending Instrument
Grant Amount N/A
Total Project Cost** 58.00

Summary Status of World Bank Financing (US$ Millions) as of March 31, 2025

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

Detailed Financial Activity as of March 31, 2025

Download:
No data available.
Period Financier Transaction Type Amount (US$)
Dec 18, 2023 IDA-E0690 Loan Disb 50,399.99
Jun 23, 2022 IDA-71470 Loan Commitment 25,000,000.00
Jun 23, 2022 IDA-E0690 Loan Commitment 25,000,000.00
Apr 16, 2024 IDA-E0690 Loan Disb 993,464.80

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name Review Date
Procurement Moderately Satisfactory 2024-11-14
Project Management Satisfactory 2024-11-14
Overall Implementation Progress (IP) Satisfactory 2024-11-14
Progress towards achievement of PDO Satisfactory 2024-11-14
Financial Management Moderately Satisfactory 2024-11-14
Monitoring and Evaluation Satisfactory 2024-11-14

COMPLETION RATINGS

No data available.

INDEPENDENT EVALUATION RATINGS

No data available.

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATORBASELINECURRENTTARGET
  • Reduction of average duration of interruptions per customer for the project areaValue0.000.00179.00
    DateSeptember 19, 2022October 26, 2023September 30, 2027
    Comment
  • Cash collected per kWh of distributed electricity (KGS/kWh)Value1.371.372.00
    DateSeptember 19, 2022October 26, 2023September 30, 2027
    Comment
  • Cost recovery tariff trajectory established and implemented over timeValueTariff setting methodology without principles of fA new tariff methodology consistent with principleEnergy tariffs adjusted in accordance with new tar
    DateSeptember 19, 2022October 26, 2023September 30, 2027
    Comment

INTERMEDIATE RESULTS INDICATORS

INDICATORBASELINECURRENTTARGET
  • Distribution lines upgraded or rehabilitated under the projectValue0.000.00350.00
    DateSeptember 19, 2022October 26, 2023September 30, 2027
    Comment
  • Advanced metering systems installed under the Project (Cumulative)Value0.000.00590000.00
    DateSeptember 19, 2022October 26, 2023September 30, 2027
    Comment
  • Improved sector governance and strengthened institutional capacity, including strategic power sector planning framework establishedand implementedValueSector planning conducted on an ad-hoc basis.Sector planning conducted on an ad-hoc basis.Improved sector governance and strengthened instit
    DateSeptember 19, 2022October 26, 2023September 30, 2027
    Comment
  • Social protection measures adopted to protect extremely poor and vulnerable residential consumers from energy tariff increaseValueSocial protection measures not sufficient to proteSocial protection measures not sufficient to proteMOLSPM IT system modernized, and training provided
    DateSeptember 30, 2022October 26, 2023September 30, 2027
    Comment
  • Construction and rehabilitation of transformer substations 6-10/ 0.4 kVValue0.000.001000.00
    DateSeptember 19, 2022October 26, 2023September 30, 2027
    Comment
  • Installation of advanced energy information and management systems under the Project (cumulative)Value0.000.002.00
    DateSeptember 19, 2022October 26, 2023September 30, 2027
    Comment
  • Energy sector planning unit establishedValueNoNoYes
    DateSeptember 19, 2022October 26, 2023September 30, 2027
    Comment
  • Net greenhouse gas (GHG) emissionsValue0.000.0034500.00
    DateSeptember 19, 2022October 26, 2023September 30, 2027
    Comment
  • Customer satisfaction on energy service provision obtainedValue0.000.000.00
    DateSeptember 19, 2022October 26, 2023September 30, 2027
    Comment
  • Increase in the share of women employed by participating companies in technical and managerial positionsValue0.000.002.00
    DateSeptember 19, 2022October 26, 2023September 30, 2027
    Comment
  • Increase in number of entities to improve financial transparency and disciplineValue2.002.006.00
    DateSeptember 19, 2022October 26, 2023September 30, 2027
    Comment