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November 2013

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 […]

ESIA Disclosure by ADB

Mira Power Limited has developed the Environmental and Social Impact Assessment (ESIA) for Gulpur Hydropower Project. The draft was submitted to ADB. The ADB has uploaded the same for public disclosure at their website on the following link on September 25, 2013.
http://www.adb.org/projects/documents/gulpur-hydropower-project-esia
The document shall remain in access for public for their review and comments till […]

PPIB approves signing of Implementing Agreement for Gulpur Hydropower

Private Power and Infrastructure Board (PPIB) on Tuesday approved signing of Implementation Agreements (IAs) for Gulpur Hydropower. 102 MW Gulpur Hydropower to be located at River Poonch, District Kotli, AJK.

Presiding over 94th meeting of the PPIB, Minister for Water and Power, Khawaja Muhammad Asif said the PPIB is being further strengthened as a one window […]

October 2013

Third session of AJK Implementation Agreement negotiations

Third session of AJK Implementation Agreement negotiations was held on October 7, 2013 in Muzaffarabad. All the relevant authorities of Government of AJK, Council and PPIB participated. Negotiations carried out in a smooth way and concerns were concluded with the mutual consent of all the participants. It is expected that following a final round of […]

September 2013

Biodiversity Scoping Assessment and Management of Gulpur Hydropower Project

The full length of Poonch River within AJK has been notified as a national park by the AJK Wildlife and Fisheries Department. Keeping in view the environmental sensitivity of the area, the lenders, including the IFC and ADB had requested that a Biodiversity Scoping, Assessment and Management be carried out in the Project site and […]

Initialing Ceremony for GOP Implementation Agreement in PPIB

A ceremony was held in Private Power Infrastructure Board (PPIB) for initialing GOP Implementation Agreement which was resulted from several rounds of negotiations between MPL and PPIB. The honorable State Minister for Water & Power, Mr. Abid Sher Ali was the Chief Guest and ceremony was also attended by the Secretary (Water & Power) / […]