Public Disclosure Copy The World Bank Implementation Status & Results Report Rural Electrification and Renewable Energy Development II (RERED II) Project (P131263) Rural Electrification and Renewable Energy Development II (RERED II) Project (P131263) SOUTH ASIA | Bangladesh | Energy & Extractives Global Practice | IBRD/IDA | Investment Project Financing | FY 2013 | Seq No: 43 | ARCHIVED on 27-Apr-2023 | ISR55988 | Implementing Agencies: Infrastructure Development Company Limited (IDCOL), PEOPLE'S REPUBLIC OF BANGLADESH, Power Cell Key Dates Key Project Dates Bank Approval Date: 20-Sep-2012 Effectiveness Date: 20-Feb-2013 Planned Mid Term Review Date: 17-Aug-2015 Actual Mid-Term Review Date: 06-Sep-2015 Original Closing Date: 31-Dec-2018 Revised Closing Date: 18-Dec-2023 pdoTable Project Development Objectives Project Development Objective (from Project Appraisal Document) The proposed project development objectives are to increase access to clean energy in rural areas through renewable energy and promote more efficient energy consumption. Has the Project Development Objective been changed since Board Approval of the Project Objective? Yes Board Approved Revised Project Development Objective (If project is formally restructured)HRPDODELs Increase access to clean energy through renewable energy in rural areas. Components Table Name Access to Electricity:(Cost $340.19 M) Household Energy:(Cost $85.41 M) Sector Technical Assistance:(Cost $11.50 M) Overall Ratings Name Previous Rating Current Rating Progress towards achievement of PDO Moderately Satisfactory Moderately Satisfactory Overall Implementation Progress (IP) Moderately Satisfactory Moderately Satisfactory Overall Risk Rating Moderate Moderate Implementation Status and Key Decisions The project is meeting the Project Development Objective (PDO) of increasing access to clean energy through renewable energy in rural areas. As of March 2023, the project has reached 8.63million direct beneficiaries by providing access to clean energy for 4.36 million households and entities. A total of 9,082 connections have been provided through the 13 SMG sub-projects. A total of 1,303 SIP have been installed and verified. A 4/27/2023 Page 1 of 6 Public Disclosure Copy The World Bank Implementation Status & Results Report Rural Electrification and Renewable Energy Development II (RERED II) Project (P131263) total of 10,907 small sized DBDs have been constructed, and 3.13 million ICS have been disseminated through the project. The project has so far added 85 megawatt (MW) off-grid renewable energy generation capacity. Till March 2023, Bank has disbursed more than USD 9.27million GCF grant (i.e. above 92% of the first tranche) and is going to submit the second disbursement request to GCF for remaining balance of USD 10 million. The Annual Performance Report (APR) is submitted by World Bank to the GCF in February 2023 before the deadline. Required amount of matching grant have been secured for implementation of SIP. IDCOL should consider every possible way to maximize utilization of all the IDA financing by the current project closing date i.e., December 18, 2023. Risks Systematic Operations Risk-rating Tool Risk Category Rating at Approval Previous Rating Current Rating Political and Governance -- Moderate Moderate Macroeconomic -- Low Low Sector Strategies and Policies -- Moderate Moderate Technical Design of Project or Program -- Moderate Moderate Institutional Capacity for Implementation and -- Low Low Sustainability Fiduciary -- Moderate Moderate Environment and Social -- Moderate Moderate Stakeholders -- Low Low Other -- Moderate Moderate Overall -- Moderate Moderate Results PDO Indicators by Objectives / Outcomes To increase access to clean energy in rural areas through renewable energy IN01285339 ►Number of households, farmers, and businesses having access to clean energy services (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 4,008,358.00 4,359,875.00 6,085,082.00 Date 15-Jun-2012 30-Jun-2022 31-Mar-2023 18-Dec-2023 IN01285340 ►Generation Capacity of Renewable Energy (other than hydropower) constructed (Megawatt, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 71.00 85.00 88.00 Date 15-Jun-2012 30-Jun-2022 31-Mar-2023 18-Dec-2023 4/27/2023 Page 2 of 6 Public Disclosure Copy The World Bank Implementation Status & Results Report Rural Electrification and Renewable Energy Development II (RERED II) Project (P131263) IN01285516 ►Direct project beneficiaries (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 8,269,097.00 8,632,922.00 9,800,000.00 Date 15-Jun-2012 30-Jun-2022 31-Mar-2023 18-Dec-2023 IN01285517 ►Female beneficiaries (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 67.01 68.26 76.00 Date 15-Jun-2012 30-Jun-2022 31-Mar-2023 18-Dec-2023 IN01285518 ►People provided with access to electricity under the project by household connections (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 5,433,871.00 5,433,926.00 5,500,000.00 Date 15-Jun-2012 30-Jun-2022 31-Mar-2023 18-Dec-2023 IN01285519 ►People who gained access to more energy-efficient cooking and/or heating facilities (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 2,779,800.00 3,131,046.00 5,000,000.00 Date 15-Jun-2012 30-Jun-2022 31-Mar-2023 18-Dec-2023 Intermediate Results Indicators by Components Access to Electricity IN01285520 ►Number of solar home systems installed (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 1,204,912.00 1,204,912.00 1,202,174.00 Date 31-Dec-2012 30-Jun-2021 30-Jun-2021 18-Dec-2023 IN01285523 ►Number of connections made through mini-grid systems and captive plants (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 9,027.00 9,082.00 26,881.00 Date 31-Dec-2012 31-Dec-2021 31-Mar-2023 18-Dec-2023 IN01285526 4/27/2023 Page 3 of 6 Public Disclosure Copy The World Bank Implementation Status & Results Report Rural Electrification and Renewable Energy Development II (RERED II) Project (P131263) ►Collection efficiency of the SHS POs (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 96.00 83.00 83.00 90.00 Date 28-Feb-2014 31-Dec-2021 31-Dec-2021 18-Dec-2023 IN01285528 ►Number of solar irrigation pumps (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 1,281.00 1,303.00 1,987.00 Date 31-Dec-2012 30-Jun-2022 31-Mar-2023 18-Dec-2023 Household Energy IN01285521 ►Number of biogas plants for cooking (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 10,900.00 10,907.00 8,300.00 Date 31-Dec-2012 31-Dec-2021 31-Mar-2023 18-Dec-2023 IN01285524 ►Number of higher efficiency cook stoves disseminated (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 2,779,800.00 3,131,046.00 5,000,000.00 Date 31-Dec-2012 30-Jun-2022 31-Mar-2023 18-Dec-2023 Sector Technical Assistance IN01285522 ►Enabling policy for renewable energy development (Text, Custom) Baseline Actual (Previous) Actual (Current) End Target SREDA operational SREDA operational SREDA operational with Value SREDA not operational with core staff with core staff core staff appointed appointed appointed Date 30-Jun-2012 30-Sep-2020 30-Sep-2020 31-Dec-2015 IN01285525 ►Number of Female Staff in POs (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 282.00 458.00 458.00 480.00 Date 30-Nov-2017 31-Jan-2022 30-Jun-2022 18-Dec-2023 IN01285527 4/27/2023 Page 4 of 6 Public Disclosure Copy The World Bank Implementation Status & Results Report Rural Electrification and Renewable Energy Development II (RERED II) Project (P131263) ►Grievances received that are addressed within two months of receipt (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 99.00 97.00 100.00 Date 28-Nov-2017 30-Jun-2022 31-Dec-2022 18-Dec-2023 Performance-Based Conditions Data on Financial Performance Disbursements (by loan) Project Loan/Credit/TF Status Currency Original Revised Cancelled Disbursed Undisbursed % Disbursed P131263 IDA-51580 Effective USD 155.00 155.00 0.00 148.31 3.83 97% P131263 IDA-55140 Effective USD 78.40 78.40 0.00 69.46 1.03 99% P131263 IDA-62020 Effective USD 55.00 55.00 0.00 21.83 29.23 43% P131263 TF-15034 Closed USD 6.00 5.35 0.65 5.35 0.00 100% P131263 TF-15077 Closed USD 10.00 9.96 0.04 9.96 0.00 100% P119549 TF-96551 Closed USD 7.20 7.20 0.00 7.20 0.00 100% P119547 TF-96552 Closed USD 1.10 1.10 0.00 1.10 0.00 100% P119549 TF-98472 Closed USD 6.75 6.75 0.00 6.75 0.00 100% P131263 TF-A3639 Closed USD 1.07 1.07 0.00 1.07 0.00 100% P131263 TF-B4774 Effective USD 20.00 20.00 0.00 9.27 10.73 46% Key Dates (by loan) Project Loan/Credit/TF Status Approval Date Signing Date Effectiveness Date Orig. Closing Date Rev. Closing Date P131263 IDA-51580 Effective 20-Sep-2012 23-Oct-2012 20-Feb-2013 31-Dec-2018 18-Dec-2023 P131263 IDA-55140 Effective 19-Jun-2014 30-Jun-2014 28-Sep-2014 31-Dec-2018 18-Dec-2023 P131263 IDA-62020 Effective 10-Apr-2018 30-May-2018 26-Aug-2018 31-Dec-2021 18-Dec-2023 P131263 TF-15034 Closed 10-Jul-2013 15-Jul-2013 28-Jul-2013 30-Jun-2016 31-Dec-2018 P131263 TF-15077 Closed 30-Sep-2013 30-Sep-2013 18-Dec-2013 31-Dec-2016 31-Dec-2016 P119549 TF-96551 Closed 12-May-2010 12-May-2010 12-May-2010 30-Sep-2013 30-Sep-2013 4/27/2023 Page 5 of 6 Public Disclosure Copy The World Bank Implementation Status & Results Report Rural Electrification and Renewable Energy Development II (RERED II) Project (P131263) P119547 TF-96552 Closed 12-May-2010 12-May-2010 12-May-2010 30-Jun-2014 30-Jun-2015 P119549 TF-98472 Closed 02-Mar-2011 02-Mar-2011 28-Apr-2011 30-Jun-2014 30-Jun-2014 P131263 TF-A3639 Closed 20-Oct-2016 28-Nov-2016 28-Nov-2016 31-Dec-2018 31-Dec-2018 P131263 TF-B4774 Effective 21-May-2021 31-May-2021 24-Aug-2021 18-Dec-2023 18-Dec-2023 Cumulative Disbursements Restructuring History Level 2 Approved on 28-Jan-2014 ,Level 2 Approved on 28-May-2015 ,Level 2 Approved on 16-Jun-2016 ,Level 2 Approved on 25-Aug-2016 ,Level 2 Approved on 16-Jun-2017 ,Level 2 Approved on 21-May-2021 Related Project(s) P106135-Grameen Shakti Solar Homes Project ,P107906-Bangladesh - IDCOL Solar Home Systems Project ,P119547-GPOBA: Rural Electrification & Renewable Energy ,P119549-GPOBA: Bangladesh Solar Home Systems ,P150001-RERED II Additional Financing ,P154576- GPOBA Scale-up for Bangladesh RERED II ,P165400-Additional Financing II for Rural Electrification and Renewable Energy Development II 4/27/2023 Page 6 of 6