News

November 2013

Conference call with EPC Contractor and MWH

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.

Meeting with ADB & Southern Waters South Africa

ADB safeguards team, Southern Waters South Africa and Mira Power Limited reviewed the status of drift study for ecological flow assessment of the project. 

Meeting with Fish Expert & Safeguards Team

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.  

Safeguards team Visit to Project Site

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.

Consultation Activities with Project’s Secondary Stakeholders

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.

Consultation Activities with Project’s Primary Stakeholders

MPL representatives and consultants on LARP (Land Acquisition & Resettlement Plan) have completed the initial phases of Primary Stakeholders consultation at each effected settlement.

Final Negotiation meeting for AJK Implementation Agreement

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.

Meeting with MWH

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 […]

All Lenders Meeting in Singapore

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), […]

ESIA & ESMMP Disclosure by IFC

Mira Power Limited has developed the Environmental & Social Impact Assessment (ESIA) and Environmental & Social Management and Monitoring Plan (ESMMP) for Gulpur Hydropower Project. The IFC has uploaded the same for public disclosure at their website on the following link on October 30, 2013.
http://www.ifc.org/wps/wcm/connect/corp_ext_content/ifc_external_corporate_site/ifc+projects+database/projects/disclosed+projects/gulpur+hydro_early+disclosure
The document shall remain in access for public for their review […]