The World Bank Report No: ISR6445 Implementation Status & Results Dominican Republic DO Electricity Distribution Rehabilitation Project (P089866) Public Disclosure Copy Operation Name: DO Electricity Distribution Rehabilitation Project (P089866) Project Stage: Implementation Seq.No: 9 Status: ARCHIVED Archive Date: 10-Jul-2012 Country: Dominican Republic Approval FY: 2008 Product Line: IBRD/IDA Region: LATIN AMERICA AND CARIBBEAN Lending Instrument: Specific Investment Loan Implementing Agency(ies): CDEEE Key Dates Board Approval Date 20-May-2008 Original Closing Date 31-Dec-2012 Planned Mid Term Review Date 08-Nov-2010 Last Archived ISR Date 25-Dec-2011 Effectiveness Date 18-Jun-2009 Revised Closing Date 31-Dec-2012 Actual Mid Term Review Date 08-Nov-2010 Project Development Objectives Project Development Objective (from Project Appraisal Document) The Project development objective is to (a) increase the Cash Recovery Index of the three electricity distribution companies and (b) improve the quality of electricity service. Has the Project Development Objective been changed since Board Approval of the Project? Yes No Component(s) Component Name Component Cost Rehabilitation and Upgrading of Medium and Low Voltage Cicuits 37.00 Outreach to communities 3.00 Technical Assistance 2.00 Overall Ratings Previous Rating Current Rating Public Disclosure Copy Progress towards achievement of PDO Satisfactory Satisfactory Overall Implementation Progress (IP) Satisfactory Satisfactory Overall Risk Rating Implementation Status Overview Overall, the project implementation is satisfactory and continues at a satisfactory pace. Due to project implementation success, this project is now under review for Additional Financing. Locations Page 1 of 5 The World Bank Report No: ISR6445 No Location data has been entered Results Public Disclosure Copy Project Development Objective Indicators Indicator Name Core Unit of Measure Baseline Current End Target CRI's per company (EdeNorte, EdeSur, Text Value EdeNorte: 63% EdeNorte: 63% EdeNorte: 71% EdeEste) EdeSur: 53% EdeSur: 68% EdeSur: 75% EdeEste: 62% EdeEste: 60.0% EdeEste: 75% Date 31-Dec-2010 31-May-2011 31-Dec-2012 Comments It was revealed that the three Data based on first trimester CRI cumulative six months. separate regions were 2012 Ede performance, as regulated under different tariff reported a CDEEE progress structures and therefore presentation dated May 2012, required different baselines supplied to project team by for the project monitoring CDEEE management June indicators, therefore the 15, 2012. It should be noted project is using the adjusted that at this time only three Dec 2010 figures as a circuits in EdeSur have been baseline. rehabilitated. CRI formula = (energy billed by distribution companies / energy purchased by distribution companies) multiplied by (electricity billings paid by consumers / total electricity billings issued to consumers). Average service availability index (ASAI) per Text Value EdeNorte: 73% EdeNorte: 79% 75% circuits with project investments and in each EdeSur: 74% EdeSur: 75% EDE as whole EdeEste: 75% EdeEste: 79.4% Date 31-Dec-2007 31-Mar-2012 31-Dec-2012 Public Disclosure Copy Comments 1st Quarter 2007 Baseline As reported by the "Informe (SIE Indicadores Calidad del de Desempeño Marzo 2012" Servicio 2007). Numbers in figures at May 2012 average. percentage represent ASAI for EDE as a whole. (ASAI) is the ratio of the total number of customer hours that service was available during a given time period to the total customer hours demanded. Page 2 of 5 The World Bank Report No: ISR6445 Percentage of people satisfied with electricity Text Value 62% EdeNorte: 67% 75% service by distribution company EdeSur: 60% EdeEste 52.7% Public Disclosure Copy Date 31-Dec-2007 30-Dec-2011 31-Dec-2012 Comments number in percentage Survey completed by Gallup, an independent polling company. Intermediate Results Indicators Indicator Name Core Unit of Measure Baseline Current End Target Rehabilitation of selected circuits Text Value No rehabilitation of circuits EdeNorte (0) EdeNorte (5) EdeSur (3) EdeSur (12) EdeEste (0) EdeEste (18) Date 31-Dec-2010 30-Mar-2012 31-Dec-2012 Comments The rehabilitation contracts were signed in early 2011 and begun satisfactory implementation. CRIs of rehabilitated circuits Text Value Baseline varies according to The target value varies each specific circuit, but the according to each specific assessment should be done circuit. For EdeNorte that using the 2007 baseline. target ranges between 64% to EdeNorte range: 9% to 56% 75%. For EdeSur the target EdeSur range: 25% to 65% ranges from 34% to 84%. For EdeEste range: 28% - 76% EdeEste the target is fixed at 84%. Date 31-Dec-2007 31-Mar-2012 31-Dec-2012 Comments CRI formula = (energy billed Only two circuits of EdeSur by distribution companies / are about to be completed. energy purchased by Therefore individual circuit distribution companies) CRI data can not yet be Public Disclosure Copy multiplied by (electricity calculated. The CRI andASAI billings paid by consumers / results are discrete and can total electricity billings issued only be measured once the to consumers). intervention on a circuit is fully completed and a couple of billing cycles have passed. Increased average availability index (ASAI) Text Value Baseline varies according to 0.875 for all three EDE's each specific circuit, but the assessment should be done using the 2006 baseline. EdeNorte range: 50-87 %, Page 3 of 5 The World Bank Report No: ISR6445 EdeSur constant at 62%, EdeEste 50-75% Date 31-Dec-2010 31-Mar-2012 31-Dec-2012 Public Disclosure Copy Comments (ASAI) is the ratio of the total The rehabilitation contracts number of customer hours were signed in early 2011-- that service was available data currently not available during a given time period to until more circuits undergo the total customer hours rehabilitation. The CRI and demanded. ASAI results are discrete and can only be measured once the intervention on a circuit is fully completed and a couple of billing cycles have passed. Operating costs of the EDEs Text Value Total operating cost of the EDEs: 284.1 million. EdeNorte: $75.9M USD EdeSur: $116.1M USD EdeEste: $92.1M USD Date 31-Jan-2010 01-Apr-2011 31-Dec-2012 Comments 2007 baseline: audited TOC, Operating costs for Edes TOCi < TOCi-1xK and VE (CDEEE report on April-March 2011. Source: (Audited Report on operational expenditures). Información disponible en el Operational Expenditures Informe de Desempeño using formula). Marzo 2012. Value is in USD (US dollars) and in M (millions). Data on Financial Performance (as of 26-Jun-2012) Financial Agreement(s) Key Dates Project Ln/Cr/Tf Status Approval Date Signing Date Effectiveness Date Original Closing Date Revised Closing Date P089866 IBRD-75600 Effective 20-May-2008 27-May-2008 18-Jun-2009 31-Dec-2012 31-Dec-2012 Public Disclosure Copy Disbursements (in Millions) Project Ln/Cr/Tf Status Currency Original Revised Cancelled Disbursed Undisbursed % Disbursed P089866 IBRD-75600 Effective USD 42.00 42.00 0.00 29.09 12.91 69.00 Disbursement Graph Page 4 of 5 The World Bank Report No: ISR6445 Public Disclosure Copy Key Decisions Regarding Implementation Overall, the project implementation is satisfactory. Restructuring History There has been no restructuring to date. Related Projects P131515-DO Additional Financing Electricity Distribution Rehabilitation Project Public Disclosure Copy Page 5 of 5