OFFICIAL DOCUMENTS THE WORLD BANK IBRD * IDA I WORLDBANKOROUP March 27, 2018 Mr. Pradip Verma Chief Executive Officer Solomon Islands Electricity Authority P.O. Box 6, Ranadi Honiara Solomon Islands Dear Mr. Verma, Solomon Islands: Solomon Islands Electricity Access Expansion Project (GPOBA Grant Number TFOA2923) Amendment to the Project Agreement We refer to the Project Agreement ("Project Agreement") between the International Development Association, acting as Administrator of the Global Partnership on Output-Based Aid ("Association") and the Solomon Islands Electricity Authority ("Project Implementing Entity"), for the above-mentioned Project ("Project"), dated August 15, 2016. We also refer to the letter, dated February 14, 2018, from the Ministry of Finance and Treasury of Solomon Islands to the Association requesting for certain amendments to the Project. All capitalized terms used in this letter ("Amendment Letter") shall have the same meanings ascribed to them in the Project Agreement unless the context requires otherwise. We propose to amend the Project Agreement by way of this Amendment Letter as follows: 1. Section I.B.4(c) of the Schedule to the Project Agreement is amended to read as follows: "(c) the eligibility criteria for low-income households, micro-enterprises and community infrastructure to qualify for Electrical Connections provided under Part I of the Project;" 2. Section II.A.1 of the Schedule to the Project Agreement is amended to read as follows: "1. The Project Implementing Entity shall monitor and evaluate the progress of the Project and prepare Project Reports in accordance with the provisions of Section 2.06 of the Standard Conditions and on the basis of indicators acceptable to the Association. Each Project Report shall cover the period of one (1) calendar semester, and shall be furnished to the Association not later than forty-five (45) days after the end of the period covered by such report." 3. Section II.B.2 of the Schedule to the Project Agreement is amended to read as follows: "2. The Project Implementing Entity shall prepare and furnish to the Association interim unaudited financial reports for the Project not later than forty-five (45) days after the end of each calendar semester, covering the semester, in form and substance satisfactory to the Association." G WORLD BANKGROUP Solomon Islands Electricity Authority -2- March 27, 2018 Except as specifically amended herein, all other provisions of the Project Agreement shall remain unchanged and in full force and effect. Please confirm the Project Implementing Entity's agreement to the foregoing by having an authorized official of the Project Implementing Entity sign and date both enclosed copies of this Amendment Letter, and returning one copy to the Association. Upon receipt by the Association of the countersigned copy of this Amendment Letter, the amendments herein shall become effective as of the date of the Project Implementing Entity's countersignature. Sincerely, INTERNATIONAL DEVELOPMENT ASSOCIATION, acting as Administrator of the Global Partnership on Output-Based Aid By____ MicrlKerf Country Director Papua New Guinea & Pacific Islands East Asia and Pacific Region AGREED: SOLOMON ISLANDS ELECTRICITY AUTHORITY By: ___ Authorized Representative Name: ___________________________Zr____A_ Title: ' Date: ACIZIL cc: Hon. Manasseh D Sogavare, MP, Deputy Prime Minister and Minister of Finance and Treasury, Ministry of Finance and Treasury, Solomon Islands