The World Bank Implementation Status & Results Report SREP-Supported Extended Biogas Project (P131592) SREP-Supported Extended Biogas Project (P131592) SOUTH ASIA | Nepal | Energy & Extractives Global Practice | Recipient Executed Activities | Investment Project Financing | FY 2015 | Seq No: 9 | ARCHIVED on 17-Nov-2019 | ISR38993 | Implementing Agencies: Alternative Energy Promotion Center (AEPC), Ministry of Finance, Government of Nepal Key Dates Key Project Dates Bank Approval Date: 27-Aug-2014 Effectiveness Date: 24-Nov-2014 Planned Mid Term Review Date: 20-Nov-2017 Actual Mid-Term Review Date: 19-Jan-2018 Original Closing Date: 31-Dec-2019 Revised Closing Date: 31-Dec-2019 pdoTable Project Development Objectives Project Development Objective (from Project Appraisal Document) The project development objective is to promote large off-grid biogas energy generation in Nepal. Has the Project Development Objective been changed since Board Approval of the Project Objective? No Components Table Name Market Development Enabling Environment – TA:(Cost $0.35 M) Financing of Investments – Financing:(Cost $6.84 M) Project Management Support:(Cost $0.71 M) Overall Ratings Name Previous Rating Current Rating Progress towards achievement of PDO Satisfactory Satisfactory Overall Implementation Progress (IP) Moderately Unsatisfactory Moderately Satisfactory Overall Risk Rating Moderate Moderate Implementation Status and Key Decisions Since the implementation of two very large sized sub-projects in Bhairawa (3750 m3/day of gas generation capacity) and Syangja (3500 m3/day of gas generation capacity), the implementation of large sized projects (above 100 m3 per day of gas generation capacity) has picked up. By September 2019, 160 sub-projects have been commissioned -- this include 6 large sized projects. Currently 147 projects are under construction -- including 7 larger sized projects. Due to increase in number of large sized sub-projects, both the Project Development Objective (PDO) indicators have exceeded the target. Following the good progress on implementation , disbursement is also on the increasing trend. Besides, the Project has developed a healthy sub-project pipeline of the larger sized project -- which are ready to move into the construction phase. However, the disbursement is still not commensurate to the project’s physical implementation progress. This is mainly due the current design of disbursement arrangement, which allows for the disbursement only after the full commissioning of individual sub-projects. This has created a mismatch between the disbursement and sub-project’s physical progress. 11/17/2019 Page 1 of 4 The World Bank Implementation Status & Results Report SREP-Supported Extended Biogas Project (P131592) GoN is expected to send a request for project restructuring -- including to update the disbursement arrangements -- by the end of November 2019. Risks Systematic Operations Risk-rating Tool Risk Category Rating at Approval Previous Rating Current Rating Political and Governance -- Substantial Substantial Macroeconomic -- Substantial Substantial Sector Strategies and Policies -- Moderate Moderate Technical Design of Project or Program -- Low Low Institutional Capacity for Implementation and Sustainability -- Moderate Moderate Fiduciary -- Substantial Substantial Environment and Social -- Moderate Moderate Stakeholders -- Substantial Substantial Other -- Low Low Overall -- Moderate Moderate Results PDO Indicators by Objectives / Outcomes To promote large off-grid biogas energy generation in Nepal IN00757274 ►Off-grid Biogas generated for thermal application from large scale projects (>12 m3) (Cubic Meter(m3), Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 4,518,793.00 6,656,861.00 4,085,748.00 Date 01-Jul-2014 09-Apr-2019 19-Sep-2019 31-Dec-2019 IN00757275 ►Off-grid biogas-based electricity generated (Gigawatt-hour (GWh), Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 1.81 2.40 2.23 Date 01-Jul-2014 09-Apr-2019 19-Sep-2019 31-Dec-2019 Intermediate Results Indicators by Components 11/17/2019 Page 2 of 4 The World Bank Implementation Status & Results Report SREP-Supported Extended Biogas Project (P131592) Market Development Enabling Environment – TA IN00757341 ►No. of large biogas proposals submitted for investment evaluation (prospects) (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 3.00 529.00 559.00 350.00 Date 01-Jul-2014 09-Apr-2019 19-Sep-2019 31-Dec-2019 IN00757343 ►No. of companies trained to evaluate and appraise large biogas sub-projects (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 29.00 29.00 8.00 Date 01-Jul-2014 09-Apr-2019 19-Sep-2019 31-Dec-2019 Financing of Investments – Financing IN00757342 ►No. of off-grid generation plants created and operated by the project - Commercial (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 142.00 160.00 340.00 Date 01-Jul-2014 09-Apr-2019 19-Sep-2019 31-Dec-2019 IN00757344 ►No. of off-grid generation plants created and operated by the project - Municipalities (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 10.00 Date 01-Jul-2014 09-Apr-2019 19-Sep-2019 31-Dec-2019 Data on Financial Performance Disbursements (by loan) Project Loan/Credit/TF Status Currency Original Revised Cancelled Disbursed Undisbursed % Disbursed P131592 TF-16552 Effective USD 7.90 7.90 0.00 1.94 5.96 25% Key Dates (by loan) 11/17/2019 Page 3 of 4 The World Bank Implementation Status & Results Report SREP-Supported Extended Biogas Project (P131592) Project Loan/Credit/TF Status Approval Date Signing Date Effectiveness Date Orig. Closing Date Rev. Closing Date P131592 TF-16552 Effective 24-Nov-2014 24-Nov-2014 24-Nov-2014 31-Dec-2019 31-Dec-2019 Cumulative Disbursements Restructuring History Level 2 Approved on 13-Jul-2016 ,Level 2 Approved on 28-Aug-2018 ,Level 2 Approved on 14-Nov-2019 Related Project(s) There are no related projects. 11/17/2019 Page 4 of 4