The ADB’s social safeguard & environment team visited MPL’s Office today on April 5, 2013 to discuss environment, social and resettlement aspects of the Gulpur Hydropower Project.
The MPL briefed ADB team regarding the Project, its environmental & social impacts along with the mitigation plan and current progress of studies/reports required to be completed and submitted […]
MPL’s management conducted meeting with EIA Consultant regarding revision of Environment Impact Assessment Study, Resettlement Action Plan in accordance with ADB safeguard policies and IFC performance standards on environment.
The Mira Power Limited delegation visited the Planning Department of National Transmission and Despatch Company (NTDC) and meet with General Manager Planning and other representatives of NTDC. They discussed the Interconnection and Transmission Facility of Gulpur Hydropower Project. Mr. Wasim Yousaf, Manager Planning NTDC introduced the necessity of the studies required for interconnection and transmission. The […]
Asian Development Bank representatives attended meeting in MPL’s Office today and apprised regarding initial management approval and next steps for finalization of ADB’s portion of Debt Financing.
MPL explained ADB regarding current status and future program of activities on EPC finalization, financing status of other multilateral financial institutions, concession documents, environment & social assessment, resettlement action plan and […]
MPL Management had a meeting with M/s Saman Corporation, Korea regarding the scope of services and related technical issues of Basic Design of Gulpur Hydropower Project.
The Director General Private Power Cell AJ&K along with three others representatives visited the Project Site on 26 March 2013. Mira Power Limited’s representatives briefed them regarding different structures of Project which include Project Intake, Weir Site, Reservoir and Power House Areas.
The Director General appreciated the Korean Investment and efforts of Mira Power Limited for […]
In connection with Pakistan Day (March 23rd), Korean sponsored IPPs demonstrated solidarity with people of Pakistan by holding two Friendly Tennis Tape Ball Cricket Matches. It was played between Mira Power Limited and Star Hydro (Both Korean sponsored IPPs) on March 22, 2013. The series won by MPL by 2-0.
The idea was of Mr. Kim, Jae Wang (CEO […]
Pakistan’s first private hydropower IPP established by Hub Power Company (Hubco) has commenced commercial operations.
An announcement here on Monday said that Pakistan and Azad Jammu and Kashmir (AJK) first private Independent Power Producer (IPP) Laraib Energy Limited- the 84 MW New Bong Hydropower Project, has commenced commercial operations. It said that the Hub Power Company […]
Kick off meeting with IDB for financing of Gulpur Hydro Power Project was held today in Mira Power Limited Office. Initially IDB has shown willingness to join hands with the consortium of other lenders in financing this Project, subject to their internal approval process.
Mira Power Limited has started working on draft Concession Agreements (GOPIA, AJ&KIA, PPA, WUA) and EPC Agreements. Mira Power Limited requesting PPIB for first draft of Concession Agreements to start with. Mira Power Limited expected to initial the draft Concession Agreements with PPIB before start of Lender Due Diligence process i.e. mid of May 2013.
