| Financier | Commitments |
|---|---|
| International Bank for Reconstruction and Development | 268.40 |
| Green Climate Fund | 25.00 |
Tunisia-Italy Electricity Integration and Renewable Energy Ecosystem
Abstract*
The Elmed Interconnector is a planned 500 KV/600 MW sub-sea high-voltage direct-current (HVDC) cable with a length of 200 km at amax depth of 750m connecting the existing electrical substation in Partanna (Sicily) on the Italian side and a newly builtsubstation in Menzel Temime (Mlaaba, Cap Bon Peninsula) on the Tunisian side. Besides the undersea cable routes and the converterstations, the Italy-Tunisia interconnection comprises also the onshore... Show More
Development Objective
To increase Tunisia’s resilient transmission capacity for the trade of electricity with Europe for the benefit of Tunisian households and businesses
Key Details
Project Details
P179240
Active
Anas Benbarka , Lucine Lominy, Amira Klibi
STEG (Components 1, 2, 3.1, and 3.2),Republic of Tunisia (Subcomponent 3.3)
October 24, 2022
(as of board presentation)
June 21, 2023
December 13, 2023
US$ 920.00 million
Ministry of Higher Education and Scientific Research (Subcomponent 3.3),STEG (Components 1, 2, 3.1, and 3.2)
2023
US$ 293.40 million
N/A
April 1, 2024
December 28, 2028
Yes
BANK APPROVED
Finances
Financing Plan (US$ Millions)
Total Project Financing (US$ Millions)
| Product Line | IBRD/IDA |
|---|---|
| IBRD Commitment | 268.40 |
| IDA Commitment | N/A |
| IBRD + IDA Commitment | 268.40 |
| Lending Instrument | |
|---|---|
| Grant Amount | 25.00 |
| Total Project Cost** | 920.00 |
Summary Status of World Bank Financing (US$ Millions) as of March 31, 2025
No data available.
| Period | Financier | Transaction Type | Amount (US$) |
|---|---|---|---|
| Jun 21, 2023 | IBRD-95370 | Loan Commitment | 268,400,000.00 |
| Jul 16, 2024 | IBRD-95370 | Int Charges | 605,076.40 |
| Mar 13, 2024 | IBRD-95370 | Fee Charges | 674,989.25 |
| Mar 13, 2024 | IBRD-95370 | Loan Disb | 674,989.25 |
| Jul 16, 2024 | IBRD-95370 | Int Charges | 11,845.77 |
| Jun 21, 2023 | TF-C3832 | Loan Commitment | 20,000,000.00 |
Ratings
IMPLEMENTATION RATINGS
| Name | Review | Date |
|---|---|---|
| Progress towards achievement of PDO | Satisfactory | 2024-12-20 |
| Monitoring and Evaluation | Satisfactory | 2024-12-20 |
| Overall Implementation Progress (IP) | Satisfactory | 2024-12-20 |
| Financial Management | Moderately Satisfactory | 2024-12-20 |
| Procurement | Satisfactory | 2024-12-20 |
| Project Management | Satisfactory | 2024-12-20 |
COMPLETION RATINGS
No data available.
INDEPENDENT EVALUATION RATINGS
No data available.
Results Framework
PROJECT DEVELOPMENT OBJECTIVE INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
Increased Tunisia-Italy electricity trade capacity Value 0.00 0.00 600.00 Date December 30, 2022 April 1, 2024 December 28, 2028 Comment Solar/wind capacity additionally installed in Tunisia Value 0.00 0.00 400.00 Date December 30, 2022 April 1, 2024 December 28, 2028 Comment GHG emissions reduced from the electricity sector (tons/year) Value 0.00 0.00 490000.00 Date December 30, 2022 April 1, 2024 December 28, 2028 Comment Private investments additionally leveraged Value 0.00 0.00 380000000.00 Date December 30, 2022 April 1, 2024 December 28, 2028 Comment
INTERMEDIATE RESULTS INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
Transmission line constructed Value 0.00 0.00 116.00 Date December 30, 2022 April 1, 2024 December 28, 2028 Comment Project grievances addressed within a time frame and publicly communicated by the Project Value 0.00 0.00 80.00 Date December 30, 2022 April 1, 2024 December 28, 2028 Comment Substation constructed Value 0.00 0.00 1.00 Date December 30, 2022 April 1, 2024 December 31, 2027 Comment VRE projects identified and enhanced competitive bidding process completed Value No No Yes Date December 30, 2022 April 1, 2024 June 30, 2026 Comment Tunisia HDVC converter station constructed Value 0.00 0.00 1.00 Date December 30, 2022 April 1, 2024 December 28, 2028 Comment Share of women in technical positions at STEG Value 7.00 7.00 14.00 Date December 30, 2022 April 1, 2024 December 28, 2028 Comment Share of women in director positions at STEG Value 18.00 18.00 24.00 Date December 30, 2022 April 1, 2024 December 28, 2028 Comment Community members reporting that community engagement processes were effective (transparent, inclusive, responsive) Value 0.00 0.00 60.00 Date December 30, 2022 April 1, 2024 December 28, 2028 Comment New technical standards for grid resilient infrastructure developed and adopted Value No No Yes Date December 30, 2022 April 1, 2024 December 28, 2028 Comment Number of firms/businesses that are grid customers that are indirectly benefiting from improved resilience of the grid Value 610780.00 610780.00 700000.00 Date December 30, 2022 April 1, 2024 December 28, 2028 Comment Reduction in System Average Interruption Duration Index (SAIDI) Value 0.00 0.00 50.00 Date December 30, 2022 April 1, 2024 December 28, 2028 Comment