Public Disclosure Copy 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: 3 | ARCHIVED on 29-Jun-2016 | ISR22064 | Implementing Agencies: Alternative Energy Promotion Center (AEPC) Key Dates Key Project Dates Bank Approval Date:27-Aug-2014 Effectiveness Date:24-Nov-2014 Planned Mid Term Review Date:01-Feb-2017 Actual Mid-Term Review Date:-- Original Closing Date:31-Dec-2019 Revised Closing Date:31-Dec-2019 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 PHRPDODEL Components Name Market Development Enabling Environment – TA:(Cost $1.00 M) Financing of Investments – Financing:(Cost $6.90 M) Overall Ratings Name Previous Rating Current Rating Progress towards achievement of PDO  Moderately Satisfactory  Moderately Unsatisfactory Overall Implementation Progress (IP)  Moderately Satisfactory  Moderately Unsatisfactory Overall Risk Rating  Moderate  Moderate Implementation Status and Key Decisions 6/29/2016 Page 1 of 7 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report SREP-Supported Extended Biogas Project (P131592) The project has received proposal for 69 biogas sub-projects. Twenty-seven sub-projects are being screened. Thirty-one sub-projects are in the feasibility stage. Eight sub-projects are in the detailed feasibility stage; and three sub-projects are scheduled to be commissioned in July 2016. The ratings for ' Progress towards Achievement of PDO' and 'Overall Implementation Progress' have been downgraded as 'Moderately Unsatisfactory'. This is based on the mission’s assessments of projects outputs and delays in implementation. The earthquakes of April and May 2015 and fuel shortages from September 2015 to February 2016 made the implementation of the project behind the schedule. The progress of the project and achievement of the agreed actions will be carefully monitored by the next implementation review and support mission scheduled for October 2016. Based on the request from the GON, the project is being restructured. By restructuring, previsously incorrectly set target results for PDO indicators will be ammend, and yearly targets are being set for intermediate result indicators. Restructuring will also change components of the project and allocated resources. 6/29/2016 Page 2 of 7 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report SREP-Supported Extended Biogas Project (P131592) Risks 6/29/2016 Page 3 of 7 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report SREP-Supported Extended Biogas Project (P131592) Systematic Operations Risk-rating Tool Risk Category Rating at Approval Previous Rating Current Rating Political and Governance  --  Substantial  Substantial Macroeconomic  --  Moderate  Moderate 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  --  --  -- Overall  --  Moderate  Moderate Results Project Development Objective Indicators PHINDPDOTBL  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 0.00 0.00 53000.00 Date 01-Jul-2014 03-Nov-2015 23-Jun-2016 31-Dec-2019 PHINDPDOTBL  Off-grid biogas-based electricity generated (Gigawatt-hour (GWh), Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 30.00 Date 01-Jul-2014 03-Nov-2015 23-Jun-2016 31-Dec-2019 Overall Comments Intermediate Results Indicators 6/29/2016 Page 4 of 7 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report SREP-Supported Extended Biogas Project (P131592) PHINDIRITBL  No. of companies trained to evaluate and appraise large biogas sub-projects (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 8.00 Date 01-Jul-2014 03-Nov-2015 23-Jun-2016 31-Dec-2019 PHINDIRITBL  No. of large biogas proposals submitted for investment evaluation (prospects) (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 3.00 34.00 69.00 400.00 Date 01-Jul-2014 03-Nov-2015 23-Jun-2016 31-Dec-2019 PHINDIRITBL  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 0.00 0.00 400.00 Date 01-Jul-2014 03-Nov-2015 23-Jun-2016 31-Dec-2019 PHINDIRITBL  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 8.00 Date 01-Jul-2014 03-Nov-2015 23-Jun-2016 31-Dec-2019 Overall Comments Data on Financial Performance 6/29/2016 Page 5 of 7 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report SREP-Supported Extended Biogas Project (P131592) 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 0.30 7.60 4% Key Dates (by loan) 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 There has been no restructuring to date. Related Project(s) There are no related projects. 6/29/2016 Page 6 of 7 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report SREP-Supported Extended Biogas Project (P131592) 6/29/2016 Page 7 of 7 Public Disclosure Copy