Public Disclosure Authorized EAST ASIA AND PACIFIC Indonesia Energy & Extractives Global Practice IBRD/IDA Specific Investment Loan FY 2011 Seq No: 7 ARCHIVED on 07-Jul-2015 ISR18557 Implementing Agencies: PT PLN Public Disclosure Authorized Key Dates Key Project Dates Board Approval date:08-jul-2010 Planned Mid Term Review Date:12-Jan-2015 Original Closing Date:31-Dec-2015 Project Development Objectives Effectiveness Date:30-May-2011 Actual Mid-Term Review Date:12-Jan-2015 Revised Closing Date:31-Dec-2015 Public Disclosure Authorized Project Development Objective (from Project Appraisal Document) The development objective of the project is to assist the Borrower to meet growing electricity demand and improve the reliability of electricity supply in Java and South-Central Sumatra by strengthening the power transmission system. Has the Project Development Objective been changed since Board Approval of the Project Objective? No PHRPDODEL Components Name Java-Bali Transmission Substation Expansion and Construction.:(Cost $103.50 M) Public Disclosure Authorized South-Central Sumatra Transmission Substation Upgrading and Expansion:(Cost $150.60 M) Overall Ratings Name Previous Rating Current Rating Progress towards achievement of PDO Moderately Satisfactory Moderately Unsatisfactory Overall Implementation Progress (IP) Moderately Unsatisfactory Moderately Unsatisfactory Overall Risk Rating Moderate Moderate Implementation Status and Key Decisions 7/7/2015 Page 1 of 7
The commissioning dates of all supbprojects already under implementation are expected to be delayed by 12-18 months due to a change in their technical specifications, and due to delays in civil works. The preparation of new investments to utilize project savings is proceeding with the revised operational and financial viability assessments awaiting completion. The Government has requested that the project be restructured/extended to enable the project's savings to be utilized for substation expansion and transformer installation at additional locations, for improving the efficiency of energy project delivery in Indonesia, and for the preparation of new investment projects. 7/7/2015 Page 2 of 7
Risks Systematic Operations Risk-rating Tool Risk Category Rating at Approval Previous Rating Current Rating Political and Governance -- Moderate Moderate Macroeconomic -- Low Low Sector Strategies and Policies -- Low Low Technical Design of Project or Program -- Low Low Institutional Capacity for Implementation and Sustainability -- Moderate Substantial Fiduciary -- Low Low Environment and Social -- Low Moderate Stakeholders -- Low Low Other -- -- -- Overall -- Moderate Moderate Results 7/7/2015 Page 3 of 7
Project Development Objective Indicators Electricity sales in the project areas in Java (GWh) (Number, Custom) Value 50442.00 -- 50442.00 70952.00 Electricity sales in the project areas in south-central Sumatra (GWh) (Number, Custom) Value 4919.00 -- 4919.00 7770.00 Transmission losses in the Java-Bali system (Percentage, Custom) Value 2.09 -- 2.09 2.03 Transmission losses in the Sumatra system (Percentage, Custom) Value 3.47 -- 3.47 2.95 Overall Comments Physical works under the contracts are behind schedule as all contracts were amended to incorporate changes in their technical specifications. In addition, due to these changes, the commissioning dates of all subprojects already under implementation are expected to be delayed by 12-18 months. The Borrower has requested that the project be restructured to include a 30 month extension to enable the use of project savings for substation expansion, and transformer installation at additional locations, and to allow for the completion of existing packages. 7/7/2015 Page 4 of 7
PHINDIRITBL PHINDIRITBL PHINDIRITBL PHINDIRITBL Intermediate Results Indicators Incremental Capacity of 500/150 kv Substations in Java (MVA) (Number, Custom) Value 0.00 -- 0.00 2000.00 Incremental Capacity of 275/150 kv Substations in Sumatra (MVA) (Number, Custom) Value 0.00 -- 0.00 2000.00 Incremental Capacity of 150/20 kv Substations in Sumatra (MVA) (Number, Custom) Value 0.00 -- 0.00 390.00 Incremental Capacity of 150/20 kv Substations in Java (MVA) (Number, Custom) Value 0.00 -- 0.00 1350.00 Overall Comments 7/7/2015 Page 5 of 7
Data on Financial Performance Disbursements (by loan) Project Loan/Credit/TF Status Currency Original Revised Cancelled Disbursed Undisbursed Disbursed P117323 IBRD-79400 Effective USD 225.00 225.00 0.00 69.31 155.69 31% Key Dates (by loan) Project Loan/Credit/TF Status Approval Date Signing Date Effectiveness Date Orig. Closing Date Rev. Closing Date P117323 IBRD-79400 Effective 08-Jul-2010 18-Nov-2010 30-May-2011 31-Dec-2015 31-Dec-2015 Cumulative Disbursements Restructuring History There has been no restructuring to date. Related Project(s) 7/7/2015 Page 6 of 7
There are no related projects. 7/7/2015 Page 7 of 7