A meeting to discuss and finalize the Structure of EPC Consortium, EPC Technical issues and negotiations on price of EPC Contract was held between all stakeholders. The participants deliberated on all outstanding issues to finalize the Design of the project and pricing.
A kick start meeting was held on September 2, 2013 in Pearl Continental Hotel, Muzaffarabad to finalized AJ&K Implementation Agreement with GOAJK and AJ&K Council. The meeting was attended by the representative of Secretary Electricity, Private Power Cell, AJ&K Law Ministry and PPIB as an agent to AJ&K Council. A substantial portion of AJ&K Implementation […]
As part of Lenders Due Diligence, E&S mission of Asian Development Bank (ADB) and International Finance Corporation (IFC) visited MPL offices and Project Site.
MPL along with its consultants Sustainable Solutions and Hagler Bailly (proposed) conducted the whole due diligence successfully and also arranged the meetings with Government (Land Collector and AJ&K PPC), affected communities and […]
Mira Power holds Support Day on completion of Genset by Royal-Anns and Energy Control Film by FM7. Keeping the Korean standard and in-line with Korean government policy to promote Korean companies abroad, Mira Power has imported Royal-Anns genset from Korea. Korean Gensets are famous for Low Fuel Consumption, energy efficient and environment friendly.
The event concluded with […]
The CEO and COO of Mira Power Limited met with Additional Chief Secretary (ACS) of AJ&K to discuss the various matters about the progress of Gulpur Hydropower Project. Mira Power explained the project status to ACS and requested his support in expediting land acquisition process and other AJ&K related matters. ACS appreciated the interest of […]
The management of Mira Power Limited, commercial counselor of Republic of Korea in Pakistan and country director of Sambu construction met with newly appointed Minister of State for Water & Power, Mr. Abid Sher Ali on Iftar dinner. The Korean delegation explained initiative of various Korean companies to invest in Pakistan especially the power sector. […]
Mira Power management met with the management Kohsar Trading (led by Haji Muhammad Aziz, a renowned AJ&K businessman) which is part of Laraib Group to discuss the possible collaboration on the land acquisition and AJ&K matters for Gulpur Hydropower Project and to help the AJ&K hydropower sector.
Prime Minister Muhammad Nawaz Sharif inaugurated country’s first private hydropower project near Mirpur in Azad Kashmir on Monday evening.
The project site is located at River Jhelum about seven Kilometers from Mangla Dam.
The 84MW run-of-the river New Bong Escape Hydropower Project is expected to provide electricity to Wapda at about Rs8.7 per kwh, compared to average […]
Asian Development Bank’s team headed by Mr. Michael Barrow, Director Infrastructure Finance Division visited MPL’s office to seek the status and progress of the Project. MPL gave a detailed presentation and respond to different queries/clarification raised by ADB. The meeting was followed by an Iftaar dinner where different aspects of energy sector were discussed.
A meeting was held between MPL and prominent environmental consultant (M/S Hagler Bailly Pakistan) to discuss the possible collaboration on environmental matter for Gulpur Hydropower Project.
