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March 2013

KOREAN SPONSORED IPPs DEMONSTRATED SOLIDARITY WITH PAKISTAN BY HOLDING A CRICKET SERIES

In connection with Pakistan Day (March 23rd), Korean sponsored IPPs demonstrated solidarity with people of Pakistan by holding two Friendly Tennis Tape Ball Cricket Matches. It was played between Mira Power Limited and Star Hydro (Both Korean sponsored IPPs) on March 22, 2013. The series won by MPL by 2-0.
The idea was of Mr. Kim, Jae Wang (CEO […]

Pakistan’s first private hydropower IPP

Pakistan’s first private hydropower IPP established by Hub Power Company (Hubco) has commenced commercial operations.
An announcement here on Monday said that Pakistan and Azad Jammu and Kashmir (AJK) first private Independent Power Producer (IPP) Laraib Energy Limited- the 84 MW New Bong Hydropower Project, has commenced commercial operations. It said that the Hub Power Company […]

Kick off meeting with IDB

Kick off meeting with IDB for financing of Gulpur Hydro Power Project was held today in Mira Power Limited Office. Initially IDB has shown willingness to join hands with the consortium of other lenders in financing this Project, subject to their internal approval process.

Kick-start meeting with Legal Counsel (RIAA LAW)

Mira Power Limited has started working on draft Concession Agreements (GOPIA, AJ&KIA, PPA, WUA) and EPC Agreements. Mira Power Limited requesting PPIB for first draft of Concession Agreements to start with. Mira Power Limited expected to initial the draft Concession Agreements with PPIB before start of Lender Due Diligence process i.e. mid of May 2013.

2nd EPC Price Meeting

The Company has formally started the negotiations of EPC Contract with EPC Contract. For the purpose, 2nd EPC price negotiations meeting was held on 27th February, 2013 with EPC Contractor and targeting to execute the EPC Contract by end of June 2013. As a result, the company has requested EPC Contractor to start Basic Design […]

Human welfare activities

Be a Human Beings Company – that is Our Charity Mission, by taking this statement Mira Power Limited participated in different activities with the society, and for the society itself.  We also want that the visitors to our office get a swift visual impact of those activities while they enter the premises.  For the same […]

KEPCO’s visit to MPL

A high level delegation of Korea Electric Power Company (KEPCO) comprising of Mr. Lee Sun-min (Vice President Head of Overseas Project Development Department, KEPCO) and Mr. An, Chul Kyung (Senior Manager – Renewable Energy Team Overseas Project Development Department, KEPCO)  was on visit to Pakistan. On 01.03.2013 the delegation visited Mira Power Limited. Mr. Kim […]

February 2013

Koreans offered to invest in power sector

ISLAMABAD: Minister for Water and Power Chaudhry Ahmed Mukhtar has offered Korean investors to invest in the hydro, coal and wind power projects as government was determined to cooperate and facilitate the investors in all respect.
Talking to investor’s delegation of Republic of South Korea on Thursday he welcomed the delegation, appreciated their interest to invest […]

Weekly Office Cleaning Campaign

Mira Power Limited organize a weekly office cleaning campaign every Friday in the office.  Employees need to enjoy their work environment and a clean office is required.
It’s been proven time and time again that productivity is higher when in an environment that’s clean. If an office is dirty and cluttered, motivation to work falls.

“There are […]

PPIB has granted LOS extension to MPL for further one year

Private Power and Infrastructure Board has granted LOS extension to Mira Power Limited without doubling the bank guarantee for further one year
 
Recognizing the progress on the Project Development activities of Korean Consortium through hiring professional team like selection of EPC Contractor through bidding process, acquisition of land for Project, preparation of Environmental Impact Assessment Preparation […]