The World Bank Report No: ISR14041 Implementation Status & Results South Africa Eskom Investment Support Project (P116410) Operation Name: Eskom Investment Support Project (P116410) Project Stage: Implementation Seq.No: 7 Status: ARCHIVED Archive Date: 08-May-2014 Country: South Africa Approval FY: 2010 Public Disclosure Authorized Product Line:IBRD/IDA Region: AFRICA Lending Instrument: Specific Investment Loan Implementing Agency(ies): Key Dates Board Approval Date 08-Apr-2010 Original Closing Date 31-Oct-2015 Planned Mid Term Review Date 30-Jun-2014 Last Archived ISR Date 25-Oct-2013 Public Disclosure Copy Effectiveness Date 31-May-2010 Revised Closing Date 31-Oct-2015 Actual Mid Term Review Date Project Development Objectives Project Development Objective (from Project Appraisal Document) The project development objective (PDO) of the Eskom Investment Support Project for South Africa is to enhance its power supply and energy security in an efficient and sustainable manner so as to support both economic growth objectives and South Africa's long term carbon mitigation strategy. Has the Project Development Objective been changed since Board Approval of the Project? Yes No Public Disclosure Authorized Component(s) Component Name Component Cost Medupi Power Plant 3039.86 Renewable energy (Sere Wind Farm and Concentrating Solar Power Plants) 260.00 Support for low carbon energy efficiency comps., comprising the Majuba Railway for coal 440.76 transportation & TA prog. for energy efficie ncy Overall Ratings Previous Rating Current Rating Progress towards achievement of PDO Unsatisfactory Unsatisfactory Overall Implementation Progress (IP) Unsatisfactory Unsatisfactory Public Disclosure Authorized Overall Risk Rating High High Implementation Status Overview The project is more than two years behind schedule. First unit at Medupi is expected to start operating in late 2014 / early 2015. Construction of the Sere Wind Farm is going well and Public Disclosure Copy commercial operation is expected in 2015. Construction of the Concentrating Solar Plant is yet to start. The sixth Environmental Supervision mission was carried out in November 2013. Page 1 of 4 Public Disclosure Authorized The World Bank Report No: ISR14041 Locations Country First Administrative Division Location Planned Actual South Africa Not Entered Volksrust South Africa Northern Cape Upington ✔ South Africa Not Entered Tutuka South Africa Not Entered Majuba South Africa Not Entered Kendal South Africa Not Entered Hendrina Power Station Public Disclosure Copy South Africa Mpumalanga Ermelo ✔ South Africa Limpopo Ellisras ✔ South Africa Western Cape Vredendal ✔ South Africa Western Cape Saldanha ✔ Not Entered Not Entered Koekenaap ✔ South Africa Limpopo Lephalale ✔ Results Project Development Objective Indicators Indicator Name Core Unit of Measure Baseline Current End Target Increased reliable power generation Percentage Value 110.60 119.80 125.00 Date 31-Mar-2009 31-Dec-2013 31-Oct-2015 Comments Baseline corrected to ensure FY 2013 data (April 1, 2012- consistency with reporting March 31, 2013). Installed format capacity (MW) as a percentage of peak demand. Increased renewable energy supply Gigawatt-hour Value 11.00 11.00 520.00 (GWh) Date 31-Mar-2009 31-Dec-2013 31-Oct-2015 Comments Reduction in carbon intensity Text Value 0.968 N/A 0.950 Public Disclosure Copy Date 31-Mar-2009 31-Dec-2013 31-Oct-2015 Page 2 of 4 The World Bank Report No: ISR14041 Comments Data not made available by Eskom. Intermediate Results Indicators Indicator Name Core Unit of Measure Baseline Current End Target Capacity of conventional generation Megawatt Value 40000.00 41696.00 44800.00 Date 31-Mar-2009 31-Dec-2013 31-Dec-2015 Comments Eskom's installed operational capacity. Generation Capacity of Renewable Energy Megawatt Value 0.00 0.00 200.00 Public Disclosure Copy (other than hydropower) constructed Date 31-Mar-2009 31-Dec-2013 31-Dec-2015 Comments Generation Capacity of Renewable Energy Megawatt Value 0.00 0.00 100.00 constructed – Wind Sub Type Date 31-Mar-2009 31-Dec-2013 31-Dec-2015 Breakdown Comments Generation Capacity of Renewable Energy Megawatt Value 0.00 0.00 100.00 constructed-Solar Sub Type Date 31-Mar-2009 31-Dec-2013 31-Dec-2015 Breakdown Comments Direct Greenhouse Gases avoided Text Value 0 0 0.618 MT, $97 Date 31-Mar-2009 31-Dec-2013 31-Oct-2015 Comments Majuba coal transportation cost Text Value 93 N/A 20 Date 31-Mar-2009 31-Dec-2013 31-Oct-2015 Comments Data not made available by Eskom. Reduction in carbon emissions from coal Metric ton Value 0.00 0.00 40000.00 transportation Date 31-Mar-2009 31-Dec-2013 31-Oct-2015 Comments Guidance for power plant efficiency Text Value No designs available N/A Specifications and bid improvements documents for the first three power stations completed Date 31-Mar-2009 31-Dec-2013 31-Oct-2015 Comments Public Disclosure Copy Data on Financial Performance (as of 26-Mar-2014) Financial Agreement(s) Key Dates Page 3 of 4 The World Bank Report No: ISR14041 Project Ln/Cr/Tf Status Approval Date Signing Date Effectiveness Date Original Closing Date Revised Closing Date P116410 IBRD-78620 Effective 08-Apr-2010 16-Apr-2010 31-May-2010 31-Oct-2015 31-Oct-2015 Disbursements (in Millions) Project Ln/Cr/Tf Status Currency Original Revised Cancelled Disbursed Undisbursed % Disbursed P116410 IBRD-78620 Effective USD 3,750.00 3,750.00 0.00 1,474.90 2,275.10 39.00 Disbursement Graph Public Disclosure Copy Key Decisions Regarding Implementation Eskom and concerned contractors to take measures to minimize project delays. Restructuring History There has been no restructuring to date. Related Projects There are no related projects. Public Disclosure Copy Page 4 of 4.