The PPIB (GoP) called a progress review meeting with MPL to know the current status of project and way forward to achieve financial closing within provided timeline. MPL give a detailed presentation on its status of Financing, EPC Finalization, Concession Documents, Environment Studies, Land Acquisition and Resettlement, Lenders’ Due Diligence/Appraisal process and Issues/Risks.
The PPIB appreciated MPL’s efforts to achieve the financial closing milestones on fast track basis.