The World Bank. Key Dates. Project Development Objectives. Component(s) Overall Ratings. Public Disclosure Copy

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1 Implementation Status & Results Turkey Electricity Distribution Rehabilitation Project (P096801) Operation Name: Electricity Distribution Rehabilitation Project (P096801) Project Stage: Implementation Seq.No: 8 Status: ARCHIVED Archive Date: 26-Dec-2012 Country: Turkey Approval FY: 2007 Product Line: IBRD/IDA Region: EUROPE AND CENTRAL ASIA Lending Instrument: Specific Investment Loan Implementing Agency(ies): Key Dates Board Approval Date 19-Apr-2007 Original Closing Date 31-Dec-2012 Planned Mid Term Review Date 15-Dec-2010 Last Archived ISR Date 13-Apr-2012 Effectiveness Date 21-Mar-2008 Revised Closing Date 31-Dec-2012 Actual Mid Term Review Date 13-May-2011 Project Development Objectives Project Development Objective (from Project Appraisal Document) To help improve the reliability of power supply to consumers in Turkey by supporting the implementation of the electricity distribution network rehabilitation and expansion program. Has the Project Development Objective been changed since Board Approval of the Project? Yes No Component(s) Component Name Component Cost Network Rehabilitation and Expansion Projects Consulting Services 6.80 Overall Ratings Previous Rating Current Rating Progress towards achievement of PDO Moderately Unsatisfactory Moderately Unsatisfactory Overall Implementation Progress (IP) Moderately Unsatisfactory Moderately Unsatisfactory Overall Risk Rating Implementation Status Overview Five of the six Group I sub-projects have been completed and the remaining one is expected to be completed shortly. One of the five sub-projects under Group II has been completed ahead of the contractual end date. However some of the sub-projects have encountered challenges, thus their implementation has been slow. The remaining work for the subprojects whose completion will slip after the closing date of the project that is December 31, 2012, will be financed by TEDAS (Turkish Electricity Distribution Company). Due to very limited time till loan closing date, and the uncertainties with regard to the on-going privatization process of the electricity distribution companies, the implementation activities in Group III and Group IV sub-projects have not commenced and the loan associated with these sub-projects have been cancelled. Page 1 of 5

2 Project indicators show that sub-projects that have been implemented (Group I and Group II sub-projects) have a positive impact on the quality and the reliability of electricity supply in their areas to achieve the project development objective. In all of the distribution regions (except for Uludag distribution region where the new load served and collection ratio are slightly below the targets), the result indicators have surpassed the targets in terms of the new load served, reduction in interruptions and the collection ratios. Locations Country First Administrative Division Location Planned Actual Turkey Not Entered Soma Turkey Not Entered Oglananasi Turkey Not Entered Nigde Turkey Not Entered Nevsehir Turkey Not Entered Menemen Turkey Not Entered Marmaris Turkey Not Entered Manisa Turkey Not Entered Konya Turkey Not Entered Isparta Turkey Not Entered Hatay Turkey Not Entered Gaziantep Turkey Not Entered Fethiye Turkey Not Entered Balikesir Turkey Not Entered Aliaga Turkey Not Entered Alasehir Turkey Not Entered Akhisar Turkey Not Entered Afyonkarahisar Turkey Not Entered Yukaridudullu Turkey Not Entered Vanikoy Turkey Not Entered Umraniye Turkey Not Entered Tekirdag Page 2 of 5

3 Country First Administrative Division Location Planned Actual Turkey Not Entered Samandira Turkey Not Entered Kurtkoy Turkey Not Entered Inegeul Turkey Not Entered Cerkezkoy Turkey Not Entered Bursa Turkey Not Entered Bostanci Turkey Not Entered Beykoz Turkey Not Entered Icmeler Turkey Not Entered Kartal Results Project Development Objective Indicators Indicator Name Core Unit of Measure Baseline Current End Target Percentage reduction in number & duration of interruptions faced by the consumers in project areas of the 8 regional comp:ayedas, Uludag, Meram, Gediz, Toroslar, Menderes, Osmangazi, Akdeniz New loadserved in the project areas of the 8 regional companies: Ayedas, Uludag, Meram, Gediz, Toroslar, Menderes, Osmangazi, Akdeniz Text Value Ayedas intrps hrs Uludag intrps hrs Meram intrps hrs Gediz intrps hrs, Toroslar intrps hrs, Osmangazi intrps hrs, Akdeniz 9216 intrps hrs, Tredas intrps hrs Date Ayedas - 74%-82%; Uludag - 78%-29%; Meram - 76%-80%; Gediz - 50% - 54%, Toroslar - 56% - 60%, Osmangazi -39% - 37%, Akdeniz - 57% -38% 31-Dec Dec Dec-2011 Text Value Nil Ayedas - 25MW, Uludag - 10MW, Meram MW, Gediz - 28 MW, Toroslar - 70 MW, Osmangazi - 16MW, Akdeniz - 15 MW Date 31-Dec Dec Dec-2011 (Reduction from baseline) Ayedas - 50%-25%; Uludag - 50%-25%; Meram - 50%-25%; Gediz - 50% - 25%, Toroslar - 50% - 25%, Osmangazi -20% -13%, Akdeniz 25% - 9%, Osmangazi -20% -13%, Akdeniz 25% - 9%, Ayedas - 7MW, Uludag - 15MW, Meram - 2.5MW, Gediz - 4 MW, Toroslar - 20 MW, Osmangazi - 8MW, Akdeniz - 12 MW Page 3 of 5

4 Intermediate Results Indicators Indicator Name Core Unit of Measure Baseline Current End Target Improvement in collection efficiency in the 8 regional companies funded under the Project Text Value Ayedas - 97% Uludag - 95% Meram - 76% Gediz - 94% Toroslar - 88% Menderes - 94% Osmangazi - 91% Akdeniz - 92% Date 31-Dec-2006 Ayedas %, Uludag - 97%, Meram - 93%, Gediz 98.37%, Toroslar 99.7%, Menderes %, Osmangazi - 96%, Akdeniz 95.97% 31-Dec-2011 Menderes was dropped from the list of sub-projects on account of its transfer to the private investor. Ayedas - 99% Uludag - 98% Meram - 81% Gediz - 97% Toroslar - 92% Menderes - 97% Osmangazi - 94%, Akdeniz - 95% 31-Dec-2011 Data on Financial Performance (as of 08-Nov-2012) Financial Agreement(s) Key Dates Project Ln/Cr/Tf Status Approval Date Signing Date Effectiveness Date Original Closing Date Revised Closing Date P IBRD Effective 19-Apr Feb Mar Dec Dec-2012 Disbursements (in Millions) Project Ln/Cr/Tf Status Currency Original Revised Cancelled Disbursed Undisbursed % Disbursed P IBRD Effective USD Disbursement Graph Page 4 of 5

5 Key Decisions Regarding Implementation The project will be closed at the scheduled date that is December 31, The project is being restructured to recognize a cancellation in the amount of Euro 113 million from the undisbursed amount of the Loan, allocated to disbursement Category 1, Goods (including supply and installation) for the implementation of Group 3 and 4 sub-projects; and to acknowledge a) the removal, after appraisal, of one sub-project due to the transfer of the relevant regional distribution company (Menderes) to the private sector and the deletion of the three results indicators associated with this sub-project; b) the introduction of a disbursements grace period of four months after the loan closing till April 30, 2013; and c) the need to continue following up on an issue of unanticipated land acquisition that took place, specifically to ensure that no remedial action is required to achieve compliance with the World Bank principles regarding involuntary land acquisition. Restructuring History There has been no restructuring to date. Related Projects There are no related projects. Page 5 of 5