Public Disclosure Copy The World Bank Implementation Status & Results Report ID-Geothermal Energy Upstream Development (P155047) ID-Geothermal Energy Upstream Development (P155047) EAST ASIA AND PACIFIC | Indonesia | Energy & Extractives Global Practice | Recipient Executed Activities | Investment Project Financing | FY 2017 | Seq No: 11 | ARCHIVED on 25-Jun-2021 | ISR47442 | Implementing Agencies: PT Sarana Multi Infrastruktur (Persero), PT Sarana Multi Infrastruktur (Persero), PT Geo Dipa Energi Key Dates Key Project Dates Bank Approval Date: 09-Feb-2017 Effectiveness Date: 04-Aug-2017 Planned Mid Term Review Date: 31-Jan-2020 Actual Mid-Term Review Date: 14-Jan-2020 Original Closing Date: 31-Dec-2022 Revised Closing Date: 31-Dec-2025 pdoTable Project Development Objectives Project Development Objective (from Project Appraisal Document) The PDO is to facilitate investment in geothermal power generation and reduce greenhouse gas emissions. Has the Project Development Objective been changed since Board Approval of the Project Objective? No Components Table Name Risk Mitigation for Geothermal Exploration Drilling:(Cost $98.00 M) Capacity Building on Geothermal Exploration and Environmental and Social Safeguards Management Overall Ratings Name Previous Rating Current Rating Progress towards achievement of PDO Moderately Unsatisfactory Moderately Unsatisfactory Overall Implementation Progress (IP) Moderately Unsatisfactory Moderately Unsatisfactory Overall Risk Rating Substantial Substantial Implementation Status and Key Decisions The Project was approved in February 2017 and became effective in August 2017. The Project has recently been restructured to include PT Geo Dipa Energi in the implementation arrangement. The Project will support four subprojects: Waesano (Flores Island, East Nusa Tenggara Province), Jailolo (Halmahera, North Maluku), Bittuang (Tana-Toraja, South Sulawesi), and Nage (Flores, East Nusa Tenggara). The Project is currently behind schedule with the commencement of drilling works on the most advanced subproject in Waesano currently delayed; however, there is a plan to bring it back on track. 6/25/2021 Page 1 of 5 Public Disclosure Copy The World Bank Implementation Status & Results Report ID-Geothermal Energy Upstream Development (P155047) Risks Systematic Operations Risk-rating Tool Risk Category Rating at Approval Previous Rating Current Rating Political and Governance Substantial Moderate Moderate Macroeconomic Moderate Moderate Moderate Sector Strategies and Policies Substantial Substantial Substantial Technical Design of Project or Program Moderate Moderate Moderate Institutional Capacity for Implementation and Substantial Substantial Substantial Sustainability Fiduciary Substantial Moderate Moderate Environment and Social Substantial Substantial Substantial Stakeholders Substantial Substantial Substantial Other -- Substantial Substantial Overall Substantial Substantial Substantial Results PDO Indicators by Objectives / Outcomes To facilitate investment in geothermal power generation IN01013760 ►Electric power generation capacity enabled through the issuance of geothermal development licenses (Megawatt, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 65.00 Date 01-May-2017 03-May-2021 21-Jun-2021 31-Dec-2025 IN01013837 ►Commercial capital mobilized for investment in geothermal power generation (million) (Amount(USD), Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 195.00 Date 01-May-2017 03-May-2021 21-Jun-2021 31-Dec-2025 To reduce greenhouse gas emissions IN01013836 ►Estimated GHG emission reduction compared to a business-as-usual baseline (Metric ton, Custom) Baseline Actual (Previous) Actual (Current) End Target 6/25/2021 Page 2 of 5 Public Disclosure Copy The World Bank Implementation Status & Results Report ID-Geothermal Energy Upstream Development (P155047) Value 0.00 0.00 0.00 330,000.00 Date 01-May-2017 03-May-2021 21-Jun-2021 31-Dec-2025 Intermediate Results Indicators by Components Risk Mitigation for Geothermal Exploration Drilling IN01013838 ►Total generating capacity-equivalent of steam yield from all wells drilled when converted to equivalent standard diameter well production (Megawatt, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 48.00 Date 01-May-2017 03-Mar-2021 21-Jun-2021 31-Dec-2025 IN01013840 ►Average generating capacity-equivalent of steam yield per well drilled when converted to equivalent standard diameter well production (Megawatt, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 6.00 Date 01-May-2017 03-May-2021 21-Jun-2021 31-Dec-2025 IN01013841 ►Issuance of geothermal development licenses (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 3.00 Date 01-May-2017 03-May-2021 21-Jun-2021 31-Dec-2025 IN01013842 ►Estimated increase in the number of connected households for the associated local electricity networks (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 116,411.00 Date 01-May-2017 03-May-2021 21-Jun-2021 31-Dec-2025 IN01013843 ►Direct project beneficiaries (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 582,055.00 Date 01-May-2017 03-May-2021 21-Jun-2021 31-Dec-2025 IN01013844 Female beneficiaries (Percentage, Custom Supplement) Baseline Actual (Previous) Actual (Current) End Target 6/25/2021 Page 3 of 5 Public Disclosure Copy The World Bank Implementation Status & Results Report ID-Geothermal Energy Upstream Development (P155047) Value 0.00 0.00 0.00 50.00 IN01013845 ►Delivery of Inferred Resource Capacity Reports by Exploration Management Team (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 4.00 Date 01-May-2017 03-May-2021 21-Jun-2021 31-Dec-2025 IN01013846 ►Villages located next to exploration sites with at least one public consultation held (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 100.00 100.00 100.00 Date 01-May-2017 03-May-2021 21-Jun-2021 31-Dec-2025 IN01013847 ►Share of public consultations segregated by gender (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 12.00 12.00 50.00 Date 01-May-2017 03-May-2021 21-Jun-2021 31-Dec-2025 Capacity Building on Geothermal Exploration and Environmental and Social Safeguards Management IN01013839 ►Practice guides for safeguards implementation (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 2.00 Date 01-May-2017 03-May-2021 21-Jun-2021 31-Dec-2025 Performance-Based Conditions Data on Financial Performance Disbursements (by loan) Project Loan/Credit/TF Status Currency Original Revised Cancelled Disbursed Undisbursed % Disbursed P161644 TF-A4086 Effective USD 6.25 6.25 0.00 2.98 3.27 48% P155047 TF-A4089 Effective USD 49.00 49.00 0.00 8.24 40.76 17% 6/25/2021 Page 4 of 5 Public Disclosure Copy The World Bank Implementation Status & Results Report ID-Geothermal Energy Upstream Development (P155047) Key Dates (by loan) Project Loan/Credit/TF Status Approval Date Signing Date Effectiveness Date Orig. Closing Date Rev. Closing Date P161644 TF-A4086 Effective 09-Feb-2017 07-Mar-2017 04-Aug-2017 31-Dec-2022 31-Dec-2025 P155047 TF-A4089 Effective 09-Feb-2017 07-Mar-2017 04-Aug-2017 31-Dec-2022 31-Dec-2025 Cumulative Disbursements Restructuring History Level 2 Approved on ,Level 2 Approved on 25-May-2021 Related Project(s) P155047-ID-Geothermal Energy Upstream Development ,P161644-ID-Geothermal Energy Upstream Development 6/25/2021 Page 5 of 5