Public Disclosure Copy The World Bank Implementation Status & Results Report Dasu Hydropower Stage I Project (P121507) Dasu Hydropower Stage I Project (P121507) SOUTH ASIA | Pakistan | Energy & Extractives Global Practice | IBRD/IDA | Investment Project Financing | FY 2014 | Seq No: 16 | ARCHIVED on 26-Oct-2022 | ISR53174 | Implementing Agencies: Islamic Republic of Pakistan, National Transmission and Despatch Company, Water and Power Development Authority (WAPDA) Key Dates Key Project Dates Bank Approval Date: 10-Jun-2014 Effectiveness Date: 20-Nov-2014 Planned Mid Term Review Date: 16-Jan-2023 Actual Mid-Term Review Date: Original Closing Date: 30-Jun-2022 Revised Closing Date: 31-May-2024 Guarantee Expiration Date: 30-Jun-2027 Guarantee Information Deli Coverage: [✓] Loan Guarantee [ ] Payment guarantee Type of Implementing entity: Public Water and Power Development Authority as Guarantee beneficiary: borrower; and Credit Suisse as lender. Includes Payment Guarantee No Guarantee fees: UpFront Are guarantee fees current? Guarantee fees payment due dates: pdoTable Project Development Objectives Project Development Objective (PDO) Project Development Objective (from Project Appraisal Document) The overall project development objective is to facilitate the expansion of electricity supply of hydro-power in Pakistan. The Project would also improve access to socio-economic services for local communities in the project area and build WAPDA’s capacity to prepare future hydropower projects. This would be achieved by installing a 2,160 MW hydropower plant on the main Indus River, which can be expanded to 4,320 MW in future at very low cost. The Project is a “high-risk-high reward” operation aimed at providing low cost non-carbon renewable energy. HRPDODELs 10/27/2022 Page 1 of 9 Public Disclosure Copy The World Bank Implementation Status & Results Report Dasu Hydropower Stage I Project (P121507) Components Table Name Component A: Construction of the Main Hydraulic Structure on the Indus River (of which IDA $10.0 million):(Cost $1479.70 M) Component B: Power Generation Facilities:(Cost $1397.80 M) Component C: Preparatory Works (of which IDA $183.9 million):(Cost $344.80 M) Component D: Transmission Line (of which IDA $15.0 million, IBRD $700million):(Cost $797.10 M) Component E: Implementation of Social and Environmental Management Plans, and Glacial, Sediment River Monitoring (of which IDA $266. 5 million):(Cost $503.90 M) Component F: Construction Supervision, Monitoring and Evaluation of the Project Impacts and Social and Environmental Management Plan s (of which IDA $53.0 million):(Cost $99.10 M) Component G: Project Management Support, Capacity Building of WAPDA, Technical Assistance and Training (of which IDA $60.0 million):(Cost $72.40 M) Overall Ratings Name Previous Rating Current Rating Progress towards achievement of PDO Satisfactory Satisfactory Overall Implementation Progress (IP) Moderately Satisfactory Moderately Satisfactory Overall Risk Rating High High Implementation Status and Key Decisions Dasu Hydropower Stage I (DHP-I) is a 2,160 Mega Watt (MW) run-of-river greenfield project located about 240 kilometer (km) upstream from Tarbela Dam on main River Indus. It will supply 12,225 Giga Watt hour annually and is part of a least-cost solution to mitigate power shortfall and reduce cost of generation in the country. The Project comprises of six generating units of 360 MW each as well as 250 km, 765 kilo Volt double circuit transmission line from Dasu to Islamabad. An International Development Association (IDA) credit in the amount of Special Drawing Rights (SDR) 379.7 million (US$588.4 million equivalent) and an IDA Partial Credit Guarantee (PCG) in the amount of US$460 million have been approved by the World Bank for DHP-I. The IDA credit funds are primarily being used for project supervision, implementation of social and environmental management plans, and preparatory works such as relocation of Karakoram Highway (KKH), access roads, offices and colonies. All key contracts for DHP-I are under implementation. Despite delays caused by land acquisition, COVID-19 pandemic, and terror attack in July 2021, the Project is expected to achieve its development objectives. National Transmission and Despatch Company has approved the bid evaluation for awarding the contracts for Dasu Transmission Line (DTL), which is financed by US$700 million in International Bank of Reconstruction and Development (IBRD) Loan. Guarantee Conditions Precedent Description Status Risks Systematic Operations Risk-rating Tool 10/27/2022 Page 2 of 9 Public Disclosure Copy The World Bank Implementation Status & Results Report Dasu Hydropower Stage I Project (P121507) Risk Category Rating at Approval Previous Rating Current Rating Political and Governance -- Substantial Substantial Macroeconomic -- Substantial Substantial Sector Strategies and Policies -- Substantial Substantial Technical Design of Project or Program -- Substantial Substantial Institutional Capacity for Implementation and -- High High Sustainability Fiduciary -- Substantial Substantial Environment and Social -- High High Stakeholders -- Substantial Substantial Other -- Substantial Substantial Overall -- High High Results PDO Indicators by Objectives / Outcomes To facilitate the expansion of electricity supply of hydro-power in Pakistan IN01193831 ►Generation Capacity of Hydropower constructed or rehabilitated under the project (Megawatt, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 2,160.00 Date 14-Sep-2021 31-Jan-2022 26-Sep-2022 29-Dec-2023 Generation capacity of DHP-I can be measured when project approaches commissioning. Comments: IN01193833 Generation Capacity of Hydropower constructed under the project (Megawatt, Custom Breakdown) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 2,160.00 Date 01-Apr-2014 31-Jan-2022 26-Sep-2022 29-Dec-2023 IN01193834 ►Annual electricity supply renewable energy annually (Gigawatt-hour (GWh), Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 12,000.00 Date 01-Apr-2014 31-Jan-2022 26-Sep-2022 29-Dec-2023 Annual electricity supplied from DHP-I can be measured after the construction of the powerplant is Comments: complete. 10/27/2022 Page 3 of 9 Public Disclosure Copy The World Bank Implementation Status & Results Report Dasu Hydropower Stage I Project (P121507) To improve access to socio-economic services for local communities in the project area IN01193770 ►Number of additional people in the project area with improved socio-economic services (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 12,536.00 12,536.00 20,000.00 Date 01-Apr-2014 31-Jan-2022 26-Sep-2022 29-Dec-2023 The first scheme under the Local Area Development Plan (LADP) has deployed solar lights in Kamila and Dasu Towns benefiting 5,037 of community members. The Public Health Action Plan (PHAP) team, supported by the Project, have conducted 6 of medical Comments: camps in the DHP-I area benefitting 7,449 of people. In total, 2,554 of children, 2,209 of men, and 2,736 of women have benefitted from medical camps carried out between Feb, 2017 to Oct, 2020. To build WAPDA’s capacity to prepare future hydropower IN01193832 ►Number of large hydropower project on the Indus River prepared by WAPDA (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 1.00 Date 01-Apr-2014 31-Jan-2022 26-Sep-2022 29-Dec-2023 To date, WAPDA has not prepared other hydropower projects that can be attributed to support from this Comments: Project. Intermediate Results Indicators by Components Component A: Construction of the Main Hydraulic Structure on the Indus River (of which IDA $10.0 million) IN01193835 ►Construction of main hydraulic structure (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 13.00 18.00 100.00 Date 01-Apr-2014 31-Jan-2022 26-Sep-2022 28-Mar-2025 Overall progress of Main Work (MW) -1 contract. Comments: IN01193841 ►Private/Commercial Capital Mobilized (cumulative figures in million) (Amount(USD), Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 1,234.00 1,234.00 2,450.00 Date 01-Apr-2014 31-Jan-2022 26-Sep-2022 29-Dec-2023 US$338 million plus upfront fee of US$12 million was mobilized using IDA Partial Credit Guarantee from Comments: Credit Suisse. PKR 144 billion in loan was mobilized by consortium led by the Habib Bank Limited. The 10/27/2022 Page 4 of 9 Public Disclosure Copy The World Bank Implementation Status & Results Report Dasu Hydropower Stage I Project (P121507) depreciation of Pakistani Rupees against the US Dollar changes the cumulative private capital mobilized, reported in US Dollar. The final figure on private capital mobilized can only be calculated after the loan in Pakistani Rupees is utilized. Component B: Power Generation Facilities IN01193836 ►Construction of intake, waterways and power house (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 6.80 7.40 100.00 Date 01-Apr-2014 31-Jan-2022 26-Sep-2022 28-Mar-2025 Overall progress of MW-2 contract. Comments: IN01193842 ►Number of 360 MW power units installed (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 6.00 Date 01-Apr-2014 31-Jan-2022 26-Sep-2022 30-Apr-2025 Component C: Preparatory Works (of which IDA $183.9 million) IN01193837 ►Construction of RAR-01 KKH-01, TL-132 Power line, PC-01 colony (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 66.25 71.40 100.00 Date 01-Apr-2014 31-Jan-2022 26-Sep-2022 29-Dec-2023 Right Bank Access Road (RAR-1) is almost complete (96 percent). The first tunnel of the relocated Karakorum Highway (KKH) is complete and overall progress of redesigned KKH-1 relocation is Comments: 31 percent. Progress of project colony is 50 percent; and progress of the 132 kilo-Volt (kV) transmission line is 88 percent. Component D: Transmission Line (of which IDA $15.0 million) IN01193838 ►Double Circuit Transmission Line constructed (Kilometers, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 255.00 Date 01-Apr-2014 31-Jan-2022 26-Sep-2022 30-Sep-2024 Procurement is ongoing for the Dasu Transmission Line (DTL). Comments: IN01193845 Transmission Line Constructed (Kilometers, Custom Breakdown) 10/27/2022 Page 5 of 9 Public Disclosure Copy The World Bank Implementation Status & Results Report Dasu Hydropower Stage I Project (P121507) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 255.00 Date 01-Apr-2014 31-Jan-2022 26-Sep-2022 30-Sep-2024 Component E: Implementation of Social and Environmental Management Plans, and Glacial, Sediment River Monitoring (of which IDA $266. 5 million) IN01193839 ►Implementation of SRMP and EMP (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 25.00 45.00 100.00 Date 01-Apr-2014 31-Jan-2022 30-Sep-2022 29-Dec-2023 Calculated based on the implementation of major SRMP and EMP tasks. Comments: IN01193843 ►Percentage of agreed local development plan implemented (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 16.00 20.00 100.00 Date 01-Apr-2014 31-Jan-2022 30-Sep-2022 29-Dec-2023 Calculated based on progress in design, bidding, construction and completion of local area Comments: development schemes from various priority batches. IN01193846 ►Percentage of affected persons participating in consultations who consider their suggestions have been taken into account (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 15.00 25.00 40.00 Date 01-Apr-2014 31-Jan-2022 30-Sep-2022 29-Dec-2023 This has been calculated based on the consultative meetings conducted regarding resettlement site Comments: development, local areas development, and resolution of social issues during the project implementation. IN01193847 ►% of women using health facilities in project areas (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 40.00 42.00 15.00 Date 01-Apr-2014 31-Jan-2022 30-Sep-2022 29-Dec-2023 Based on consultation with women village committees in 16 villages and the record of the seven medical Comments: camps conducted since 2017. IN01193848 ►Percentage of women engaged in income generated activities in the project area (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target 10/27/2022 Page 6 of 9 Public Disclosure Copy The World Bank Implementation Status & Results Report Dasu Hydropower Stage I Project (P121507) Value 15.00 30.00 30.00 20.00 Date 01-Apr-2014 31-Jan-2022 30-Sep-2022 29-Dec-2023 Based on consultation with women village committees in 16 villages. Comments: IN01193849 ►Percentage of grievances redressed/resolved (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 85.00 90.00 70.00 Date 01-Apr-2014 31-Jan-2022 30-Sep-2022 29-Dec-2023 IN01193850 ►Number of training and awareness sessions on codes of conduct (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 48.00 60.00 2.00 Date 28-Feb-2020 31-Jan-2022 30-Sep-2022 30-Jun-2022 This is number of sessions conducted after approval of Code of Conduct (CoCs). Comments: Component G: Project Management Support, Capacity Building of WAPDA, Technical Assistance and Training (of which IDA $60.0 million) IN01193840 ►Hydropower Project with detailed design, environmental and social safeguards studies completed (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 1.00 Date 01-Apr-2014 31-Jan-2022 26-Sep-2022 29-Dec-2023 IN01193844 ►Capacity Building of WAPDA (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 3.00 3.00 100.00 Date 01-Apr-2014 31-Jan-2022 26-Sep-2022 29-Dec-2023 Performance-Based Conditions Data on Financial Performance Disbursements (by loan) 10/27/2022 Page 7 of 9 Public Disclosure Copy The World Bank Implementation Status & Results Report Dasu Hydropower Stage I Project (P121507) Project Loan/Credit/TF Status Currency Original Revised Cancelled Disbursed Undisbursed % Disbursed P121507 IBRD-90760 Effective USD 700.00 700.00 0.00 3.95 696.05 0.6% P121507 IDA-54970 Effective USD 190.30 190.30 0.00 0.00 161.94 0% P121507 IDA-54980 Effective USD 398.10 398.10 0.00 315.32 38.69 89% Key Dates (by loan) Project Loan/Credit/TF Status Approval Date Signing Date Effectiveness Date Orig. Closing Date Rev. Closing Date P121507 IBRD-90760 Effective 31-Mar-2020 15-Oct-2020 30-Jun-2021 31-May-2024 31-May-2024 P121507 IDA-54970 Effective 10-Jun-2014 25-Aug-2014 20-Nov-2014 30-Jun-2022 31-May-2024 P121507 IDA-54980 Effective 10-Jun-2014 25-Aug-2014 20-Nov-2014 30-Jun-2022 31-May-2024 Guarantee Amount Project Guarantee No. Status Currency Original Revised Cancelled Current Amount Guarantee Dates Orig. Guarantee Rev. Guarantee Project Guarantee No Status Approval Date Signing Date Effectiveness Date Expiration Date Expiration Date Cumulative Disbursements 10/27/2022 Page 8 of 9 Public Disclosure Copy The World Bank Implementation Status & Results Report Dasu Hydropower Stage I Project (P121507) Restructuring History Level 2 Approved on 14-Oct-2016 ,Level 2 Approved on 17-Nov-2017 ,Level 2 Approved on 22-Nov-2018 ,Level 2 Approved on 20-Nov-2019 ,Level 2 Approved on 17-Jun-2021 ,Level 2 Approved on 16-Aug-2021 ,Level 2 Approved on 29-Jun-2022 Related Project(s) P150756-IDA Partial Credit Guarantee for Dasu Hydropower Phase-I Project ,P167843-Additional Financing For Dasu Hydropower Stage I Project (Transmission Line) 10/27/2022 Page 9 of 9