Execution of GOP Implementation & Guarantee Direct Agreement
Mira Power Limited has signed the GOP Implementation & Guarantee Direct Agreement today on September 11, 2015 and has reached very close to the Financial Closing of the Project.
September 2015
Execution of Power Purchase Agreement
Mira Power Limited is pleased to inform that it has achieved the most important milestone by signing a Long-Term Power Purchase Agreement with Central Power Purchase Agency Guarantee Limited through its CEO.
August 2015
MPL signs EPC contract for Gulpur Hydropower Project
Mira Power Limited has successfully entered into Engineering , Procurement & Construction contract with JV of DAELIM Industrial and Lotte E&C on August 07th 2015 for the construction of Gulpur hydropower project, at Kotli AJ&K.
June 2015
Gulpur Project Presented as Sustainable Development Case Study
Gulpur Hydropower Project was selected as a sustainable development case study for National Management Course (NMC) at the National School of Public Policy (NSPP), Lahore. This particular session was hosted by Asian Development Bank (ADB) and the case was presented by MPL. The project’s environmental planning and design was particularly highlighted and appreciated by senior […]
May 2015
International Day for Biological Diversity 2015
Department of Wildlife & Fisheries AJ&K in collaboration with Mira Power Limited hosted a seminar on International Day for Biological Diversity to increase the global understanding and awareness of issues and challenges around biodiversity.
The theme of World Biodiversity day for 2015 was ‘Biodiversity for Sustainable Development’. This year’s theme reflects the importance of efforts made at […]
Signing of Financing Documents for Gulpur Hydropower Project
Mira Power Limited had been successful in securing the financing for Gulpur Hydropower Project and has entered into financing agreements with Asian Development Bank, CDC Group PLC, International Finance Corporation and Korea Export Import Bank on May 13th 2015. Other Agreements, as a part of finance documents were also executed simultaneously by and between Mira […]
March 2015
MPL executed AJ&K Implementation Agreement, Water Use Agreement and Land Lease Agreements
Mira Power Limited executed AJ&K Implementation Agreement (AJ&K IA), Water Use Agreement (WUA) and Land Lease Agreements with GOAJK in a ceremony held in Regency Hotel, Mirpur AJ&K on March 16, 2015 which was witnessed by the Prime Minister of AJ&K (Chaudhary Abdul Majid), Ambassador of Republic of Korea, Dr. Song Jong-Hwan, the Senior Minister […]
Model for Gulpur Hydropower Project at Irrigation Research Institute Nandipur
A comprehensive physical model study of Gulpur Hydropower Project has been conducted at IRI Nandipur. All project structures including concrete Gravity Dam, Gated Spillway and Overflow Section, Energy Dissipation System, Power Intake and Tailrace Tunnels were constructed.
January 2015
IFC/World Bank Board accords approval for financing 102 MW Gulpur Hydropower Project
The IFC/World Bank Board has accorded approval for financing the 102 MW Gulpur Hydropower Project to be located at Poonch River, District Kotli, AJK. A high-level delegation of the IFC/World Bank here on Friday met the Finance Minister Ishaq Dar having in depth exchange of views on various WB sponsored development projects.
Finance Minister lauded the […]
November 2014
CSR Initiative – Helping the flood affectees of Project Area and AJ&K
KOSEP contributed PKR 1 Million to Gulpur Hydropower Project through Mira Power Limited to support its stakeholders engagement program and extends its support to flood victims of project area and AJ&K.
Of this amount, PKR 3 Lac was delivered to district administration Kotli as contribution in AJ&K fund for flood victims, PKR 3 Lac has been […]