Public Disclosure Copy The World Bank Implementation Status & Results Report Energy Sector Development (P148560) Energy Sector Development (P148560) EAST ASIA AND PACIFIC | Micronesia, Federated States of | Energy & Extractives Global Practice | IBRD/IDA | Investment Project Financing | FY 2014 | Seq No: 4 | ARCHIVED on 29-Dec-2015 | ISR22098 | Implementing Agencies: Department of Resources and Development Key Dates Key Project Dates Bank Approval Date:29-May-2014 Effectiveness Date:15-Oct-2014 Planned Mid Term Review Date:18-May-2016 Actual Mid-Term Review Date:-- Original Closing Date:31-Jul-2018 Revised Closing Date:31-Jul-2018 Project Development Objectives Project Development Objective (from Project Appraisal Document) The PDO is to increase the available generation capacity and efficiency of electricity supply in the state power utilities, and to strengthen the planning and technical capacities of the National Government and the state power utilities in the energy sector. Has the Project Development Objective been changed since Board Approval of the Project Objective? No PHRPDODEL Components Name Increasing available generation capacity and efficiency of electricity supply in the state power utilities:(Cost $9.27 M) National and state energy planning:(Cost $3.40 M) Technical assistance and project management:(Cost $1.50 M) Overall Ratings Name Previous Rating Current Rating Progress towards achievement of PDO  Satisfactory  Satisfactory Overall Implementation Progress (IP)  Moderately Satisfactory  Moderately Satisfactory Overall Risk Rating  Substantial  Substantial 12/29/2015 Page 1 of 8 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Energy Sector Development (P148560) Implementation Status and Key Decisions The PDO is to increase the available generation capacity and efficiency of electricity supply in the state power utilities, and to strengthen the planning and technical capacities of the National Government and the state power utilities in the energy sector is still relevant. Progress in project implementation is picking up as the implementation unit is completing the recruitment of required staff. 12/29/2015 Page 2 of 8 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Energy Sector Development (P148560) Risks Systematic Operations Risk-rating Tool Risk Category Rating at Approval Previous Rating Current Rating Political and Governance  --  Moderate  Moderate Macroeconomic  --  Moderate  Moderate Sector Strategies and Policies  --  Moderate  Moderate Technical Design of Project or Program  --  Moderate  Moderate Institutional Capacity for Implementation and Sustainability  --  High  High Fiduciary  --  Substantial  Substantial Environment and Social  --  Moderate  Moderate Stakeholders  --  Moderate  Moderate Other  --  --  -- Overall  --  Substantial  Substantial Results Project Development Objective Indicators PHINDPDOTBL  Generation Capacity of Conventional Generation constructed under the project (Megawatt, Core) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 4.70 Date 14-Apr-2014 11-Sep-2015 15-Dec-2015 31-Jul-2018 12/29/2015 Page 3 of 8 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Energy Sector Development (P148560) PHINDPDOTBL  Generation Capacity of Renewable Energy (other than hydropower) constructed (Megawatt, Core) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 0.20 Date 14-Apr-2014 11-Sep-2015 15-Dec-2015 31-Jul-2018 PHINDPDOTBL  Generation Capacity of Renewable Energy constructed-Solar (Megawatt, Core Breakdown) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 0.20 Date 14-Apr-2014 11-Sep-2015 15-Dec-2015 31-Jul-2018 PHINDPDOTBL  Projected lifetime fuel savings (Mega Joules (MJ), Core) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 124000000.00 Date 14-Apr-2014 11-Sep-2015 15-Dec-2015 31-Jul-2018 PHINDPDOTBL  Direct project beneficiaries (Number, Core) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 50000.00 Date 14-Apr-2014 11-Sep-2015 15-Dec-2015 31-Jul-2018 12/29/2015 Page 4 of 8 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Energy Sector Development (P148560) PHINDPDOTBL  Female beneficiaries (Percentage, Core Supplement) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 50.00 PHINDPDOTBL  Sustainability reform program agreed with each state power utility - implementation progress (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 100.00 Date 14-Apr-2014 11-Sep-2015 15-Dec-2015 31-Jul-2018 Overall Comments Intermediate Results Indicators PHINDIRITBL  Commissioning of conventional energy generation equipment (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 100.00 Date 14-Apr-2014 11-Sep-2015 15-Dec-2015 31-Jul-2018 PHINDIRITBL  Commissioning of solar generation equipment (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 100.00 Date 14-Apr-2014 11-Sep-2015 15-Dec-2015 31-Jul-2018 12/29/2015 Page 5 of 8 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Energy Sector Development (P148560) PHINDIRITBL  Commissioning of efficient streetlights (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 100.00 Date 14-Apr-2014 11-Sep-2015 15-Dec-2015 31-Jul-2018 PHINDIRITBL  Improved technical capacity in the state utilities for operations and maintenance (Yes/No, Custom) Baseline Actual (Previous) Actual (Current) End Target Value N N N Y Date 14-Apr-2014 11-Sep-2015 15-Dec-2015 31-Jul-2018 PHINDIRITBL  Energy sector master plans completed and accepted (Yes/No, Custom) Baseline Actual (Previous) Actual (Current) End Target Value N N N Y Date 14-Apr-2014 11-Sep-2015 15-Dec-2015 31-Jul-2018 PHINDIRITBL  Energy sector information system in place - implementation progress (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 100.00 Date 14-Apr-2014 11-Sep-2015 15-Dec-2015 31-Jul-2018 12/29/2015 Page 6 of 8 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Energy Sector Development (P148560) PHINDIRITBL  Improved planning capacity of the state power utilities and national government (Yes/No, Custom) Baseline Actual (Previous) Actual (Current) End Target Value N N N Y Date 14-Apr-2014 11-Sep-2015 15-Dec-2015 31-Jul-2018 PHINDIRITBL  Implementation specialists in place (Yes/No, Custom) Baseline Actual (Previous) Actual (Current) End Target Value N N N Y Date 14-Apr-2014 11-Sep-2015 15-Dec-2015 31-Jul-2018 Overall Comments Data on Financial Performance Disbursements (by loan) Project Loan/Credit/TF Status Currency Original Revised Cancelled Disbursed Undisbursed Disbursed P148560 IDA-H9570 Effective XDR 9.40 9.40 0.00 0.78 8.62 8% Key Dates (by loan) Project Loan/Credit/TF Status Approval Date Signing Date Effectiveness Date Orig. Closing Date Rev. Closing Date P148560 IDA-H9570 Effective 29-May-2014 02-Oct-2014 15-Oct-2014 31-Jul-2018 31-Jul-2018 Cumulative Disbursements 12/29/2015 Page 7 of 8 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Energy Sector Development (P148560) Restructuring History There has been no restructuring to date. Related Project(s) There are no related projects. 12/29/2015 Page 8 of 8 Public Disclosure Copy