The World Bank                                                                                                                                             Report No: ISR15351


                                                                                                   Implementation Status & Results
                                                                                                                Jordan
                                                                                              Promotion of a Wind Power Market (P093201)
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                         Operation Name: Promotion of a Wind Power Market (P093201)                         Project Stage:   Implementation         Seq.No: 12     Status: ARCHIVED    Archive Date:    28-Jun-2014
                                                                               Country: Jordan                                       Approval FY:        2008
                         Product Line: Global Environment Project              Region: MIDDLE EAST AND NORTH AFRICA                  Lending Instrument: Specific Investment Loan
                         Implementing Agency(ies):

                         Key Dates
                         Board Approval Date    26-Jun-2008             Original Closing Date 31-Dec-2012          Planned Mid Term Review Date 30-Dec-2011                Last Archived ISR Date 31-Dec-2013
                         Effectiveness Date     26-Nov-2008             Revised Closing Date 30-Jun-2015           Actual Mid Term Review Date       29-Sep-2011

                         Global Environmental Objectives
                         Global Environmental Objective (from Project Appraisal Document)

                         The main objective of the project is to increase electricity supply from renewable energy sources in a sustainable manner through the private sector and thereby help
                         reduce the level of carbon emissions from hydrocarbon-based power generation sources.
                         Has the Project Development Objective been changed since Board Approval of the Project?

                            Yes           No

                         Component(s)
                         Component Name                                                                                                          Component Cost
                         Development of a Promotional Wind IPP Power Plant                                                                                  0.90
                         Jordan Renewable Energy and Energy Efficiency Fund (Jordan REEF)                                                                   3.40
                         Renewable Energy Technical Assistance Support                                                                                      1.40
                         Development of a Market for Renewable Energy                                                                                       0.30

                         Overall Ratings
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                                                                    Previous Rating                     Current Rating
                         Progress towards achievement of GEO        Moderately Satisfactory             Moderately Satisfactory
                         Overall Implementation Progress (IP)       Moderately Unsatisfactory           Moderately Unsatisfactory
                         Overall Risk Rating                        Moderate                            Moderate

                         Implementation Status Overview
                         1. The three technical assistance assignments, financed by the GEF Grant, are concluded. The three assignments are (1) Integration of Wind Farms in the National Electric System
                         of Jordan; (2) Strengthening the Legal, Regulatory and Institutional Frameworks for the Development of Renewable Energy Resources; and (3) Estimating Indicative Prices for
                         Various Renewable Energy Products. As a result of the analytical work under these TAs, the pricing, net metering and connection regulations necessary for development of Jordan's
                         renewable energy development strategy have been finalized and posted on the Electricity Regulatory Commission's website.


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                             The World Bank                                                                                                                                    Report No: ISR15351




                         2.      The Renewable Energy and Energy Efficiency Law was enacted on April 16, 2012. This law paved the way for the establishment of the Jordan Renewable Energy and
                         Energy Efficiency Fund ( Jordan REEF), which is a major component supported by the GEF Grant.
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                         3. The bid evaluation for the Fujeij Wind IPP Project was concluded in December 2012. A preferred bidder was identified; however the signing of the project agreements has been
                         delayed until now pending final closure.

                         4. In parallel, the Government had awarded the contract for the development of the Tafila Wind IPP Project. This project concluded financing phase in November 2013, to be followed
                         by construction phase. However, as per recent public statements made by the financiers, Tafila Wind IPP Project would be commissioned in September 2015.

                         5. The project Closing Date was extended until June 30, 2015 in order to provide additional time for the performance subsidy component of the GEF Grant to be disbursed after
                         commercial operation of eligible renewable energy projects.


                         Locations
                         Country                                             First Administrative Division                    Location                               Planned                Actual
                         Jordan                                              Not Entered                                      Ash Shawbak


                         Results
                         Global Environmental Objective Indicators
                         Indicator Name                                  Core Unit of Measure                      Baseline                    Current                         End Target
                         Electricity supply from grid-connected                 Text                    Value      72 GWh                      70 GWh (2012 data)              272 GWh
                         renewable power                                                                Date       26-Jun-2008                 12-Dec-2013                     30-Jun-2015
                                                                                                        Comments                               Both Tafila and Fujeij Wind
                                                                                                                                               IPPs' commissioning dates
                                                                                                                                               are delayed.
                         The number of private developers of renewable          Text                    Value      0                           1                               One or more
                         electricity generation                                                         Date       26-Jun-2008                 12-Dec-2013                     30-Jun-2015
                                                                                                        Comments                               Both Tafila and Fujeij Wind
                                                                                                                                               IPPs' commissioning dates
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                                                                                                                                               are delayed.
                         Avoided direct CO2 emission                            Text                    Value      32,500 tons per year                                        122,500 tons per year
                                                                                                        Date       26-Jun-2008                 12-Dec-2013                     30-Jun-2015
                                                                                                        Comments                               Will be achieved when
                                                                                                                                               renewable projects are
                                                                                                                                               developed and operational
                         Generation Capacity of Renewable Energy                Megawatt                Value      5.00                        5.00                            95.00
                         (other than hydropower) constructed                                            Date       31-Dec-2008                 12-Dec-2013                     30-Jun-2015
                                                                                                        Comments                               2012 data



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                         Generation Capacity of Renewable Energy               Megawatt         Value      1.40                            1.40                            91.40
                         constructed – Wind                                    Sub Type         Date       31-Dec-2008                     12-Dec-2013                     30-Jun-2015
                                                                               Breakdown        Comments                                   2012 data
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                         Intermediate Results Indicators
                         Indicator Name                                  Core Unit of Measure              Baseline                        Current                         End Target
                         Risk and barriers for independent wind power          Text             Value      Gaps in the legal, policy and   Legislative changes enacted     Legislative changes enacted
                         development                                                                       regulatory framework for
                                                                                                           electricity withrespect to
                                                                                                           renewable energy
                                                                                                Date       26-Jun-2008                     12-Dec-2013                     31-Dec-2012
                                                                                                Comments                                   Renewable Energy and
                                                                                                                                           Energy Efficiency Law was
                                                                                                                                           enacted in April 2012.
                                                                                                                                           Necessary indicative pricing,
                                                                                                                                           interconnection and net
                                                                                                                                           metering regulations
                                                                                                                                           developed under TA financed
                                                                                                                                           by this Grant are completed.
                         Financing mechanism for renewable energy              Text             Value      No formal financing             Jordan REEF has                 Jordan REEF established and
                                                                                                           mechanism for renewable         commenced operation.            operational, or alternative in
                                                                                                           energy in place.                                                place.
                                                                                                Date       26-Jun-2008                     12-Dec-2013                     31-Dec-2012
                                                                                                Comments                                   Jordan REEF has
                                                                                                                                           commenced operation.
                         The capacity of NEPCO and MEMR to                     Text             Value      Weak capacity                   Renewable energy, including     Renewable energy, including
                         incorporate renewable energy, including wind                                                                      wind power, fully               wind power, fully incorporated
                         power, in energy planning model                                                                                                                   in the energy planning
                                                                                                Date       26-Jun-2008                     12-Dec-2013                     31-Dec-2012
                                                                                                Comments                                   TA on integrating wind power
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                                                                                                                                           is completed.
                         Status of the contract for development of the         Text             Value      No contract in place.           Contract for Tafila Wind IPP    A contract for development of
                         wind power plant.                                                                                                 in place                        the wind power plant signed
                                                                                                                                                                           and project financing close
                                                                                                                                                                           completed.
                                                                                                Date       26-Jun-2008                     12-Dec-2013                     31-Jan-2014
                                                                                                Comments                                   Contracts for Tafila Wind IPP
                                                                                                                                           were executed in Nov 2013.

                                                                                                                                           Preferred bidder for Fujeij



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                                                                                                                                                    Wind IPP was selected.
                                                                                                                                                    Pending project agreements
                                                                                                                                                    signing.
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                         Data on Financial Performance (as of 23-Jul-2013)
                         Financial Agreement(s) Key Dates
                         Project               Ln/Cr/Tf                Status              Approval Date              Signing Date          Effectiveness Date        Original Closing Date     Revised Closing Date
                         P093201               TF-92162                Effective           28-Aug-2008                28-Aug-2008           26-Nov-2008               31-Dec-2012               30-Jun-2015

                         Disbursements (in Millions)
                         Project               Ln/Cr/Tf                Status              Currency        Original             Revised          Cancelled          Disbursed           Undisbursed          % Disbursed
                         P093201               TF-92162                Effective           USD                           6.00             6.00               0.00               2.34                  3.66         39.00


                         Disbursement Graph
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                         Key Decisions Regarding Implementation
                         1.        The project Closing Date was extended until June 30, 2015.

                         Restructuring History
                         Level two Approved on 12-Nov-2012, Level 2 RVP Decision on 27-Jun-2013




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                         Related Projects
                         There are no related projects.
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