The World Bank Implementation Status & Results Report KTDA Small Hydro Programme of Activities (P160157) KTDA Small Hydro Programme of Activities (P160157) EASTERN AND SOUTHERN AFRICA | Kenya | Energy & Extractives Global Practice | Recipient Executed Activities | Investment Project Financing | FY 2019 | Seq No: 6 | ARCHIVED on 04-Dec-2023 | ISR57918 | Implementing Agencies: KTDA Power Company Ltd, KTDA power company Ltd Key Dates Key Project Dates Bank Approval Date: 13-May-2019 Effectiveness Date: -- Planned Mid Term Review Date: 31-May-2023 Actual Mid-Term Review Date: 30-Nov-2022 Original Closing Date: Revised Closing Date: -- pdoTable Project Development Objectives Project Development Objective (from Project Appraisal Document) Monetize and transact GHG reductions from renewable energy produced by small hydropower benefiting smallholder tea farmers in rural Kenya. Has the Project Development Objective been changed since Board Approval of the Project Objective? No 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 Substantial Substantial Implementation Status and Key Decisions The KTDA Small Hydro Programme of Activities (PoA) is an engagement between the World Bank and KTDA Power Company Limited (KTPC), a subsidiary of the Kenya Tea Development Agency Holding Limited (KTDA) established in the year 2010. The Project Development Objective (PDO) is to monetize and transact greenhouse gas (GHG) reductions from renewable energy produced by small hydropower plants benefiting smallholder tea farmers in rural Kenya. The Project is being implemented by KTPC KTPC is implementing twenty-three (23) small hydropower plants in thirteen (13) counties, with the overall objective of providing cheaper power to the tea factories, thereby reducing their cost of production, and increasing returns to farmers. The PDO rating and Implementation Progress rating are both Moderately Satisfactory and the PDO remains relevant. The project is already providing about 36 Gigawatt hours (GWh) of electricity generated from SHPs under this project, to 14 KTDA tea factories and a total of 246,047 farmers are benefitting from lower factory production costs. 12/5/2023 Page 1 of 4 The World Bank Implementation Status & Results Report KTDA Small Hydro Programme of Activities (P160157) Risks Systematic Operations Risk-rating Tool Risk Category Rating at Approval Previous Rating Current Rating Political and Governance -- Low Low Macroeconomic -- Low Low Sector Strategies and Policies -- Low Low Technical Design of Project or Program -- Moderate Moderate Institutional Capacity for Implementation and -- Substantial Substantial Sustainability Fiduciary -- Moderate Moderate Environment and Social -- Moderate Moderate Stakeholders -- Substantial Substantial Other -- Substantial Substantial Overall -- Substantial Substantial Results PDO Indicators by Objectives / Outcomes Cumulative GHG emission reductions transacted IN01343887 ►Cumulative GHG emission reductions transacted (Metric ton, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 31,162.00 440,000.00 Date 01-Jan-2017 18-Jan-2022 27-Nov-2023 31-Dec-2024 Intermediate Results Indicators by Components Generate, monetize and transact Certified Emission Reductions (CERs) from Small hydro IN01343888 ►Direct Project beneficiaries (of which % women) (Number (Thousand), Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 350,000.00 Date 15-Mar-2019 18-Jan-2022 18-Jan-2022 31-Dec-2024 12/5/2023 Page 2 of 4 The World Bank Implementation Status & Results Report KTDA Small Hydro Programme of Activities (P160157) Performance-Based Conditions Data on Financial Performance Disbursements (by loan) Project Loan/Credit/TF Status Currency Original Revised Cancelled Disbursed Undisbursed % Disbursed Key Dates (by loan) Project Loan/Credit/TF Status Approval Date Signing Date Effectiveness Date Orig. Closing Date Rev. Closing Date Cumulative Disbursements Restructuring History There has been no restructuring to date. Related Project(s) 12/5/2023 Page 3 of 4 The World Bank Implementation Status & Results Report KTDA Small Hydro Programme of Activities (P160157) There are no related projects. 12/5/2023 Page 4 of 4