diff --git a/internal/pkg/project/project.go b/internal/pkg/project/project.go
index 722981f2ef..ade23eacd8 100644
--- a/internal/pkg/project/project.go
+++ b/internal/pkg/project/project.go
@@ -94,7 +94,7 @@ func (p *Project) MappersFor(state *state.State) (mapper.Mappers, error) {
 	return MappersFor(state, p.deps)
 }
 
-func (p *Project) LoadState(options loadState.Options, d dependencies) (*State, error) {
+func (p *Project) LoadState(ctx context.Context, options loadState.Options, d dependencies) (*State, error) {
 	p.deps = d
 
 	// Use filter from the project manifest
@@ -106,7 +106,7 @@ func (p *Project) LoadState(options loadState.Options, d dependencies) (*State,
 	}
 
 	// Load state
-	s, err := loadState.Run(p.ctx, p, loadOptionsWithFilter, d)
+	s, err := loadState.Run(ctx, p, loadOptionsWithFilter, d)
 	if err != nil {
 		return nil, err
 	}
diff --git a/internal/pkg/service/templates/api/service/service.go b/internal/pkg/service/templates/api/service/service.go
index e09d26f913..f3c98215c4 100644
--- a/internal/pkg/service/templates/api/service/service.go
+++ b/internal/pkg/service/templates/api/service/service.go
@@ -12,12 +12,14 @@ import (
 	"github.com/keboola/go-client/pkg/keboola"
 	"github.com/keboola/go-utils/pkg/deepcopy"
 	"github.com/spf13/cast"
+	"go.opentelemetry.io/otel/attribute"
 
 	"github.com/keboola/keboola-as-code/internal/pkg/filesystem"
 	"github.com/keboola/keboola-as-code/internal/pkg/filesystem/aferofs"
 	"github.com/keboola/keboola-as-code/internal/pkg/log"
 	"github.com/keboola/keboola-as-code/internal/pkg/model"
 	"github.com/keboola/keboola-as-code/internal/pkg/project"
+	"github.com/keboola/keboola-as-code/internal/pkg/service/common/ctxattr"
 	. "github.com/keboola/keboola-as-code/internal/pkg/service/common/errors"
 	"github.com/keboola/keboola-as-code/internal/pkg/service/common/etcdop"
 	"github.com/keboola/keboola-as-code/internal/pkg/service/common/task"
@@ -365,6 +367,9 @@ func (s *service) UseTemplateVersion(ctx context.Context, d dependencies.Project
 }
 
 func (s *service) InstancesIndex(ctx context.Context, d dependencies.ProjectRequestScope, payload *InstancesIndexPayload) (res *Instances, err error) {
+	_, span := d.Telemetry().Tracer().Start(ctx, "api.server.templates.service.InstancesIndex")
+	defer span.End(&err)
+
 	branchKey, err := getBranch(ctx, d, payload.Branch)
 	if err != nil {
 		return nil, err
@@ -380,8 +385,12 @@ func (s *service) InstancesIndex(ctx context.Context, d dependencies.ProjectRequ
 	m.Filter().SetAllowedBranches(model.AllowedBranches{model.AllowedBranch(cast.ToString(branchKey.ID))})
 	prj := project.NewWithManifest(ctx, fs, m)
 
+	ctx = ctxattr.ContextWith(ctx,
+		attribute.String("branch.id", branchKey.ID.String()),
+		attribute.String("project.id", d.ProjectID().String()),
+	)
 	// Load project state
-	prjState, err := prj.LoadState(loadState.Options{LoadRemoteState: true}, d)
+	prjState, err := prj.LoadState(ctx, loadState.Options{LoadRemoteState: true}, d)
 	if err != nil {
 		return nil, err
 	}