The World Bank Implementation Status & Results Report Electricity Transmission Network Improvement Project (P146199) Electricity Transmission Network Improvement Project (P146199) EUROPE AND CENTRAL ASIA | Armenia | Energy & Extractives Global Practice | IBRD/IDA | Investment Project Financing | FY 2015 | Seq No: 11 | ARCHIVED on 07-Jan-2021 | ISR43165 | Implementing Agencies: Republic of Armenia, High Voltage Electric Networks, Yerevan Thermal Power Plant Key Dates Key Project Dates Bank Approval Date: 30-Mar-2015 Effectiveness Date: 21-Sep-2015 Planned Mid Term Review Date: 20-Sep-2017 Actual Mid-Term Review Date: 05-Dec-2017 Original Closing Date: 31-Dec-2019 Revised Closing Date: 31-Dec-2023 pdoTable Project Development Objectives Project Development Objective (from Project Appraisal Document) The proposed project development objectives (PDO) are to improve the reliability of the power transmission network and system management, and support the Borrower's efforts in ensuring adequate electricity supply Has the Project Development Objective been changed since Board Approval of the Project Objective? Yes Board Approved Revised Project Development Objective (If project is formally restructured) The proposed project development objective (PDO) is to improve the reliability of the power transmission network. Components Table Name Component 1: Strengthening of the power transmission network:(Cost $49.71 M) Overall Ratings Name Previous Rating Current Rating Progress towards achievement of PDO Satisfactory Satisfactory Overall Implementation Progress (IP) Satisfactory Satisfactory Overall Risk Rating Moderate Moderate Implementation Status and Key Decisions The completion of the rehabilitation of Ashnak substation is expected by March 31, 2021. The delay was caused by COVID-19 related constraints. The procurement of the contractor for rehabilitation of Ararat-2 substation has commenced. 1/7/2021 Page 1 of 5 The World Bank Implementation Status & Results Report Electricity Transmission Network Improvement Project (P146199) Risks Systematic Operations Risk-rating Tool Risk Category Rating at Approval Previous Rating Current Rating Political and Governance Moderate Moderate Moderate Macroeconomic Substantial Moderate Moderate Sector Strategies and Policies Substantial Moderate Moderate Technical Design of Project or Program Moderate Moderate Moderate Institutional Capacity for Implementation and Substantial Moderate Moderate Sustainability Fiduciary Substantial Substantial Substantial Environment and Social Moderate Moderate Moderate Stakeholders Low Low Low Other -- -- High Overall Substantial Moderate Moderate Results PDO Indicators by Objectives / Outcomes Improvement of the reliability of the power transmission network IN00883100 ►Equipment failures per year in target substations (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 10.00 4.00 4.00 2.00 Date 30-Dec-2014 31-Dec-2018 01-Dec-2019 31-Dec-2023 IN00883121 ►Average interruption frequency per year in the project area (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.11 0.36 0.27 0.09 Date 30-Dec-2013 31-Dec-2018 01-Dec-2019 31-Dec-2023 IN00883122 Customers served in the project area (Number, Custom Supplement) Baseline Actual (Previous) Actual (Current) End Target 1/7/2021 Page 2 of 5 The World Bank Implementation Status & Results Report Electricity Transmission Network Improvement Project (P146199) Value 1,040,000.00 1,020,789.00 1,020,700.00 1,040,000.00 IN00883123 ►Direct project beneficiaries (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 2,984,000.00 2,934,000.00 2,934,000.00 2,993,000.00 Date 30-Dec-2014 31-Dec-2018 01-Dec-2019 31-Dec-2023 Direct beneficiaries are people or groups who directly derive benefits from an intervention (i.e., children who benefit from an immunization program; families that have a new piped water connection). Please note Comments: that this indicator requires supplemental information. Supplemental Value: Female beneficiaries (percentage). Based on the assessment and definition of direct project beneficiaries, specify what proportion of the direct project beneficiaries are female. This indicator is calculated as a percentage. IN00883124 Female beneficiaries (Percentage, Custom Supplement) Baseline Actual (Previous) Actual (Current) End Target Value 48.60 53.00 53.00 48.60 Intermediate Results Indicators by Components Component 1: Strengthening of the power transmission network IN00883125 ►Total number of substations rehabilitated under the project (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 1.00 1.00 3.00 Date 30-Dec-2014 11-Dec-2019 01-Dec-2019 31-Dec-2023 IN00883126 ►Percent of registered project related grievances (disaggregated by gender) responded to within stipulated service standards for response times (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 100.00 100.00 100.00 Date 30-Dec-2014 31-Dec-2018 01-Dec-2019 31-Dec-2023 Performance-Based Conditions Data on Financial Performance Disbursements (by loan) 1/7/2021 Page 3 of 5 The World Bank Implementation Status & Results Report Electricity Transmission Network Improvement Project (P146199) Project Loan/Credit/TF Status Currency Original Revised Cancelled Disbursed Undisbursed % Disbursed P146199 IBRD-84950 Effective USD 52.00 39.86 12.14 24.49 15.37 61% Key Dates (by loan) Project Loan/Credit/TF Status Approval Date Signing Date Effectiveness Date Orig. Closing Date Rev. Closing Date P146199 IBRD-84950 Effective 30-Mar-2015 08-Apr-2015 21-Sep-2015 31-Dec-2019 31-Dec-2023 Cumulative Disbursements PBC Disbursement Achievement Disbursed amount in Disbursement % PBC ID PBC Type Description Coc PBC Amount Status Coc for PBC Restructuring History Level 1 Approved on 05-Jun-2017 ,Level 2 Approved on 19-Dec-2019 ,Level 2 Approved on 24-Dec-2020 Related Project(s) 1/7/2021 Page 4 of 5 The World Bank Implementation Status & Results Report Electricity Transmission Network Improvement Project (P146199) There are no related projects. 1/7/2021 Page 5 of 5