A high level Korean delegation arranged by Korean Embassy comprising of Mira Power Limited, SAMBU, K-Water and LOTTE met with Minister of State for Water & Power Chuadhry Abid Sher Ali.
Abid Sher Ali warmly welcomed the delegation. Abid Sher Ali thanked Republic of Korea and appreciated the efforts of Korean Ambassador and companies to improve Pakistan-South Korea […]
A meeting with EPC Contractor and MWH was held today at MPL’s Conference room to discuss and finalize the Basic Design of the project along with possible options to optimize the EPC cost. EPC Contractor, Consultants and MPL team are working hard to meet the project timeline as decided in all Lenders meeting in Singapore.
ADB safeguards team, Southern Waters South Africa and Mira Power Limited reviewed the status of drift study for ecological flow assessment of the project.
ADB and Mira Power Limited met with ecologist and fish experts at Hagler Bailly to review the current status of fish diversity and challenges to ecologically important species.
ADB’s team verified the current status of illegal fishing and threats to Mahasher in Poonch River. AJK Fisheries & Wildlife department caught some of the nets used for fishing. This practice is still underway.
ADB’s safeguards representatives completed a site verification visit. The team and MPL representatives conducted an onsite meeting with Director AJK Forest, Fisheries and Wildlife department and Director Himalayan Wildlife Foundation.
MPL representatives and consultants on LARP (Land Acquisition & Resettlement Plan) have completed the initial phases of Primary Stakeholders consultation at each effected settlement.
Last session of AJK Implementation Agreement was held on November 8, 2013 in PPIB Islamabad. All the relevant authorities of Government of AJK, Council and PPIB participated. The agreement is finalized with authorities and ready for initialing with Government of AJK and Council.
A meeting was held with the top management of Owner’s Engineer (Montgomery Watson Harza, MWH) in MPL offices. Both parties discussed various matters including the finalization of design layout, finalization of EPC specifications and proposed timelines to achieve the financial close. MWH assured their full support to provide high quality services for construction monitoring and […]
Mira Power Limited achieved another important milestone in Project Development whereby the “Term Sheet” was substantially agreed with the Project Lenders. In this respect “All Lenders Meeting” was held in Singapore from October 29 to October 31, 2013. The participants were Lenders group (IFC, ADB, K EXIM, FMO), Sponsors Group (KOSEP, Daelim, Sambu & Lotte), […]
