News

July 2013

Agreement Signing for Stability & Load Flow Study

A Meeting was held with Power Planner International (PPI) to discuss different aspects of Stability and Load Flow Study for Gulpur Hydropower Project. An agreement to conduct the integrated studies for the project was executed between the parties and study will be concluded within 8-10 weeks period by the PPI.

CEO MPL met with the newly appointed Korean Ambassador to Pakistan

On July 1, 2013 CEO Mira Power Limited Mr. Kim, Jae-Wang met with newly appointed Korean Ambassador to Pakistan H.E Mr. Jong Hwan Song, Ph.D. 
The Ambassador has recently arrived in Islamabad on June 28, 2013. CEO Mira Power Limited briefed him about the progress of GULPUR Hydro-power Project. The Ambassador while appreciating the project progress, […]

Meeting with Assistant Commissioner Mirpur on Land Acquisition Process

MPL along with Assistant Commissioner Kotli held a meeting with Assistant Commissioner Mirpur to seek his guidance and support for land acquisition and resettlement process as implemented in Mangla raising project. 

Asian Development Bank visit to the Project Site

The representative of ADB along with MPL team visited Project Site of Gulpur Hydropower Project in Kotli to see the different planned structures on Poonch River i.e. Power House, Weir Site, In-take and Submerged areas. MPL explained the ADB regarding all project structures, interconnection details and environmental & resettlement impacts of the project.
 

June 2013

Kick Start Meeting with PPIB to negotiate GOP Implementation Agreement

MPL conducted first meeting with Government of Pakistan (PPIB) today on June 28, 2013 to negotiate and finalize the Concession Documents. In the first instance, portion of GOP Implementation Agreement was finalized and meeting was postponed to July 3, 2013 to finalize the remaining portion of GOP Implementation Agreement.

Concession Document Review with RIAA LAW

Mira Power Limited conducted a meeting with RIAA LAW (Legal Consultant) for review of GOP Implementation Agreement. MPL has a scheduled meeting with Government of Pakistan (PPIB) on Friday 28th June, 2013 to negotiate and finalize the GOP Implementation Agreement.

KOSEP attained A Grade Rating 2011-2012 for two consecutive years

KOSEP attained A Grade Rating 2011-2012 for two consecutive years in Government assessments.

Land Acquisition Meeting with Deputy Commissioner Kotli

Mr. Kim Jae Wang, Chief Executive Officer alongwith Mr. Javid Rashid Chaudhary, General Manager (Project), Mira Power Limited met with Mr. Masood-ur-Rehman, Deputy Commissioner Kotli and Dr. Umar Farooq, Assistant Commissioner Kotli regarding Land Acquisition on 20th June, 2013.
The meeting held in very cordial atmosphere, the matter regarding land acquisition discussed in detail with DC […]

Progress Review meeting with PPIB

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 […]

Meeting on Land Acquisition & Resettlement with AJ&K Officials in office of Deputy Commissioner

A meeting was called on by the Deputy Commissioner (Land Collector) as a follow up meeting with local community requiring MPL to give a brief presentation to AJ&K Government Stakeholders (Land Revenue Department, Electricity Department, Kotli Development Authority, Public Works Department and Police) regarding the Project, its impacts and plan with special focus on land […]