News

November 2015

Execution of GOP Guarantee

Mira Power Limited has signed GOP Guarantee on November 3, 2015.

October 2015

Prime Minister of Pakistan Muhammad Nawaz Sharif inaugurates Gulpur hydropower project

Prime Minister Nawaz Sharif inaugurated the 102MW Gulpur hydropower project on Poonch river in AJ&K on thursday. The hydropower plant project is expected to be completed in four years.

Speaking at the inauguration ceremony, the premier said the government plans to build a host of small and big hydropower projects to address the issue of electricity […]

Execution of AJ&K IA Direct Agreement and Water Use Direct Agreement

Mira Power Limited has signed AJ&K Implementation Agreement Direct Agreement and Water Use Direct Agreement on October 13, 2015.

 

 

 

 

 

 

CEO MPL Mr. Yoon, Tae-Hak giving presentation on Gulpur Project & further investment opportunities in Pakistan

On October 13, 2015 President & CEO KOSEP Mr. Heo Yup leading high level delegates from KOSEP visited Mira Power Limited. After having warm welcome CEO Mira Power Limited Mr. Yoon, Tae-Hak presented Gulpur Hydropower project insights and future investment opportunities to the delegation. The presentation was appreciated by all the participants.

September 2015

Execution of GOP Implementation & Guarantee Direct Agreement

Mira Power Limited has signed the GOP Implementation & Guarantee Direct Agreement today on September 11, 2015 and has reached very close to the Financial Closing of the Project.

Execution of Power Purchase Agreement

Mira Power Limited is pleased to inform that it has achieved the most important milestone by signing a Long-Term Power Purchase Agreement with Central Power Purchase Agency Guarantee Limited through its CEO.

August 2015

MPL signs EPC contract for Gulpur Hydropower Project

Mira Power Limited has successfully entered into Engineering , Procurement & Construction contract with JV of DAELIM Industrial and Lotte E&C on August 07th 2015 for the construction of Gulpur hydropower project, at Kotli AJ&K.

June 2015

Gulpur Project Presented as Sustainable Development Case Study

Gulpur Hydropower Project was selected as a sustainable development case study for National Management Course (NMC) at the National School of Public Policy (NSPP), Lahore. This particular session was hosted by Asian Development Bank (ADB) and the case was presented by MPL. The project’s environmental planning and design was particularly highlighted and appreciated by senior […]

May 2015

International Day for Biological Diversity 2015

Department of Wildlife & Fisheries AJ&K in collaboration with Mira Power Limited hosted a seminar on International Day for Biological Diversity to increase the global understanding and awareness of issues and challenges around biodiversity.

The theme of World Biodiversity day for 2015 was ‘Biodiversity for Sustainable Development’. This year’s theme reflects the importance of efforts made at […]

Signing of Financing Documents for Gulpur Hydropower Project

Mira Power Limited had been successful in securing the financing for Gulpur Hydropower Project and has entered into financing agreements with Asian Development Bank, CDC Group PLC, International Finance Corporation and Korea Export Import Bank on May 13th 2015. Other Agreements, as a part of finance documents were also executed simultaneously by and between Mira […]