Nepal: Grid Solar and Energy Efficiency

Abstract*

The Grid Solar and Energy Efficiency Project for Nepal has the following development objectives: (i) increase solar photovoltaic generated electricity to supply to the Nepal Electricity Authority (NEA) grid; and (ii) reduce NEA's distribution losses in selected distribution centers.The project beneficiaries are grid-connected electricity consumers throughout the country, who will benefit from increased power supply to the grid. The NEA is also expected to benefit from the project mainly with improved operational efficiency and…

* The project abstract is drawn from the PAD, SAR or PGD and may not accurately reflect the project's current nature The project abstract is drawn from the PAD, SAR or PGD and may not accurately reflect the project's current nature

* The project abstract is drawn from the PAD, SAR or PGD and may not accurately reflect the project's current nature

Key Details

Project Details

  • P146344

  • Active

  • Investment Project Financing

  • GOVERNMENT OF NEPAL

  • Nepal

  • (as of board presentation)

    December 22, 2014

  • US$ 138.00  million

    IBRD: N/A

    IDA:130.00

    Borrower***: 8.00

  • NEPAL ELECTRICITY AUTHORITY

  • South Asia

  • December 31, 2020

  • US$130.00 million

  • B

  • ** Total project cost includes funding from World Bank and non-bank sources in US$ millions. Active and Closed projects show commitment at Board approval. It does not reflect any cancellations.Proposed (pipeline) and dropped projects show the forecast amount. The commitment amount for projects in the pipeline is indicative and may be modified during the project preparation.

    *** Borrower refers to the Borrower of a Loan or Recipient of a Grant

Finances

Financing Plan At Board Presentation (US$ Millions)

FINANCIER COMMITMENTS
International Development Association (Ida) 130,000,000.00
International Development Association (Ida) 130,000,000.00

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment N/A
IDA Commitment N/A
IBRD + IDA Commitment N/A
Lending Instrument Investment Project Financing
Grant Amount N/A
Total Project Cost** N/A

Summary Status of World Bank Financing (US$ Millions) as of March 31, 2017

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Financier Approval Date Closing Date Principal Disbursed Repayments Interest Charges and Fees
IDA55660 December 22, 2014 December 31, 2020 130.00 5.00 N/A N/A

Finacial Activity over time as of December 31, 2017

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Detailed Financial Activity as of March 31, 2017

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Period Financier Transaction Type Amount (US$)
Jan, 1998 IDA30320 Commitment 83,521,481.10
Jan, 1998 IDA3032A Commitment 225,678,518.90
Feb, 1999 IDA30320 Disbursement 2,503,355.08
May, 1999 IDA55660 Disbursement 5,000,000.00
May, 1999 IDA30320 Interest and Charges 4,851.03
May, 1999 IDA30320 Disbursement 21,826,571.70
Jun, 1999 IDA30320 Disbursement 15,533,183.43
Nov, 1999 IDA30320 Interest and Charges 136,697.56
Dec, 1999 IDA30320 Disbursement 1,084,312.54
Feb, 2000 IDA30320 Disbursement 1,203,203.28
Mar, 2000 IDA30320 Disbursement 1,194,895.28
Apr, 2000 IDA30320 Disbursement 1,062,531.97

* The project abstract is drawn from the PAD, SAR or PGD and may not accurately reflect the project's current nature The project abstract is drawn from the PAD, SAR or PGD and may not accurately reflect the project's current nature

* The project abstract is drawn from the PAD, SAR or PGD and may not accurately reflect the project's current nature

Ratings

Summary Status of World Bank Financing (US$ Millions) as of March 31, 2017

Period Previous Ratings: 05-25-2016 Current Ratings: 12-02-2016
Progress towards achievement of PDO Moderately Unsatisfactory Moderately Satisfactory
Overall Implementation Progress Moderately Unsatisfactory Moderately Satisfactory
Overall Risk N/A N/A

Financing Plan At Board Presentation (US$ Millions)

FINANCIER COMMITMENTS
International Development Association (Ida) 130,000,000.00
International Development Association (Ida) 130,000,000.00

Results Framework

Project Development objective indicators

Latest Implementation Status and Results Report Arrow
Indicator Baseline Current Target
Distribution Loss Reduction in Selected Distribution Centers(Percentage) Value 0.00 0.00 15.00
Date October 17, 2014 October 19, 2015 July 31, 2020
Comment
Average annual solar PV generated electricity supplied to the NEA grid(Gigawatt-hour (GWh)) Value 0.00 0.00 15.00
Date October 17, 2014 October 19, 2015 July 31, 2020
Comment

Intermediate Results Indicators

Indicator Baseline Current Target
Distribution Loss Reduction in Selected Distribution Centers(Percentage) Value 0.00 0.00 15.00
Date October 17, 2014 October 19, 2015 July 31, 2020
Comment
Average annual solar PV generated electricity supplied to the NEA grid(Gigawatt-hour (GWh)) Value 0.00 0.00 15.00
Date October 17, 2014 October 19, 2015 July 31, 2020
Comment