Generated by All in One SEO v4.9.4.1, this is an llms.txt file, used by LLMs to index the site. # MIRA POWER LIMITED Leading Company in Hydro Energy ## Sitemaps - [XML Sitemap](https://www.mira-power.com/sitemap.xml): Contains all public & indexable URLs for this website. ## Posts - [Certificate Distribution Ceremony – Scuba Diving Equipment & Training Program under MPL's Green Switch Program](https://www.mira-power.com/certificate-distribution-ceremony-scuba-diving-equipment-training-program/) - On May 12, 2026, Mira Power Limited (MPL) hosted a Certificate Distribution Ceremony at the Gulpur Hydropower Project in District Kotli, AJ&K, marking the successful completion of a specialized Scuba Diving Training Program for Rescue 1122 personnel. Attended by MPL’s CEO, CTO, and Manager EHS & CSR, the event celebrated the trainees of eight Rescue - [Certificate Distribution Ceremony – Women's Stitching Skills Development Program under MPL's Green Switch Program](https://www.mira-power.com/certificate-distribution-ceremony-womens-stitching-skills-development-program/) - Under its MPL's Green Switch Program, Mira Power Limited (MPL) hosted a Certificate Distribution Ceremony on May 12, 2026, in Kotli to celebrate the success of its Women's Stitching Skills Development Program. The event, attended by MPL’s CEO, CTO, and Manager (EHS & CSR), honoured the trainees of the third and fourth training batches. Implemented - [MPL Recreational Activity and Workshop - 2026](https://www.mira-power.com/mpl-recreational-activity-and-workshop-2026/) - On 28th January 2026, the MPL team undertook a combined event of Recreational Activity – Trip to Taxila Museum and an Annual Goals & KPIs Workshop 2026, beginning with a visit to Taxila Museum and nearby archaeological sites, where participants gained valuable insights into historical artifacts, Buddhist heritage, and ancient civilizations. The team then proceeded - [Signing of BAP Implementation Agreement (Operational Phase) - 102MW Gulpur Hydropower Project](https://www.mira-power.com/signing-of-bap-implementation-agreement-operational-phase-102mw-gulpur-hydropower-project/) - Mira Power Limited successfully signed the Biodiversity Action Plan (BAP) Implementation Agreement for the 102MW Gulpur Hydropower Project during a ceremony held on 16 April 2026 in Muzaffarabad. The Agreement was executed with the Forest, Wildlife & Fisheries Department, Government of Azad Jammu & Kashmir, with the Secretary Forest, Wildlife & Fisheries formally signing the - [MPL Foundation Day - 13th Anniversary - 2025](https://www.mira-power.com/mpl-foundation-day-13th-anniversary/) - Mira Power Limited proudly celebrated its 13th Foundation Day on December 30, 2025, bringing together employees and their families for a memorable day of appreciation and togetherness. The event commenced with guest arrival and seating, followed by an inspiring address by the MPL CEO and a multimedia presentation showcasing key project highlights. A special Outstanding - [Corporate Training on Stress Management - 2025](https://www.mira-power.com/corporate-training-on-stress-management/) - "On December 23, 2025, HR – Mira Power Limited organized a corporate training session on “Stress Management: Corporate Well-Being and Productivity Enhancement,” facilitated by Dr. Halima Sadia Qureshi, Corporate Trainer, Clinical Psychologist, and Founder & Director of Psychologists Hub. The session focused on identifying workplace stress triggers, adopting effective coping strategies, and improving time management - [Fire Safety Activity - 2025](https://www.mira-power.com/fire-safety-activity-2025/) - On November 25, 2025, Mira Power Limited organized a one-day emergency preparedness training session at their head office, equipping employees with the skills to use fire extinguishers effectively in potential fire incidents. - [Workshop and Outdoor Activity of MPL Team in Naran, KP](https://www.mira-power.com/workshop-and-outdoor-activity-of-mpl-team-in-naran-kp/) - From July 25 to 27, 2024, Mira Power Limited hosted an exceptional three-day excursion for its employees to Naran Kaghan, designed to foster team unity and enhance collaborative efforts. The program featured a comprehensive workshop and seminar where departments reviewed their accomplishments over the past six months and presented strategic plans for the forthcoming period. - [Monthly Birthday Celebration - November 2024](https://www.mira-power.com/monthly-birthday-celebration-november-2024/) - On November 30, 2024, MPL celebrated the birthdays of Mr. Lee Seunghoon and Mr. Ammar Amjad - [Welcome Ceremony of New CEO Mr. Park Changhark – April 22, 2025](https://www.mira-power.com/welcome-ceremony-of-new-ceo-mr-park-changhark-april-22-2025/) - On April 22, 2025, Mira Power Limited (MPL) hosted a warm and graceful welcome ceremony to mark the official induction of its newly appointed Chief Executive Officer, Mr. Park Changhark. The event reflected MPL’s core values of respect, unity, and collaboration, with the entire local team extending a heartfelt reception to their new leader. The - [MOU Signing Ceremony - Mira Power Ltd & Pakistan Global Institute](https://www.mira-power.com/mou-signing-ceremony-mira-power-ltd-pakistan-global-institute/) - On November 19, 2024, Mira Power Limited and Pakistan Global Institute signed a Memorandum of Understanding at PGI premises to enhance the professional and academic development of students through opportunities and other experiential learning at MPL and enable MPL to utilize PGI's educational resources, research, and programs to address its business needs and to promote - [Ground Breaking of Platharan Foot Bridge](https://www.mira-power.com/ground-breaking-of-platharan-foot-bridge/) - Mira Power Limited is an environmentally and socially alive company. It undertakes all the necessary steps to protect environment and maintain good relations with the nearby communities. To fulfill its commitment with the community, MPL entered into an agreement with Local Government and Rural Development Department for construction of Footbridge. The groundbreaking ceremony for this - [Agreement Signing for Construction of Foot Suspension Bridge at Platharan, Kotli, AJ&K](https://www.mira-power.com/agreement-signing-for-construction-of-foot-suspension-bridge-at-platharan-kotli-ajk/) - On May 11, 2023, Mira Power Limited demonstrates unwavering dedication to the local community by actively addressing their concerns, resolving complaints, and providing necessary facilitation. To fulfill this commitment, MPL entered into a contract with Secretary Local Government and Rural Development Department AJ&K for the Construction of Platharan Foot Suspension Bridge, Rectification of Chatta Suspension - [HR Training - Business Etiquettes & Business Communication](https://www.mira-power.com/hr-training-business-etiquettes-business-communication/) - On September 19, 2024, HR-Mira Power Limited successfully organized an insightful "Business Communication and Work Etiquettes training session." The session was led by Ms. Amber Naveed, an experienced HR Corporate Trainer and Educationist, who brought her expertise and engaging teaching style to the event. The session aimed to enhance participants' understanding of business ethics, conduct - [Signing of MOU- Vocational Training & Community Uplift](https://www.mira-power.com/signing-of-mou-vocational-training-community-uplift/) - Mira Power Limited (MPL) has entered into a Memorandum of Understanding (MoU) with the Barali Welfare Society as part of its Vocational Training and Community Uplift Program. Signed on September 18, 2024, in Barali, District Kotli, AJ&K, this partnership was formalized by Mr. Han Seungnam, CEO of MPL, and Mr. Muhammad Akmal, Secretary of the - [Monthly Birthday Celebration - August 2024](https://www.mira-power.com/monthly-birthday-celebration-august-2024/) - On August 30, 2024, MPL celebrated the birthdays of Mr. Umar Nazir, Mr. Waqas Ahmed and Mr. Afzaal Khan - [Monthly Birthday Celebration - June 2024](https://www.mira-power.com/monthly-birthday-celebration-june-2024/) - On July 1, 2024, MPL celebrated the birthdays of Mr. Fazal-e-Omar, Mr. Amjad Islam, Mr. M. Azam and Mr. Amjed Hussain. - [Pakistan Environmental Awards & Conference 2024](https://www.mira-power.com/1pakistan-environmental-awards-conference-2024/) - In celebration of World Environment Day, twenty organizations around the country have been recognized for their exemplary efforts in promoting sustainable and environment-friendly practices. They were awarded the Pakistan Environmental Awards in different categories aimed at acknowledging and appreciating the best environmental practices. The awards highlight the innovative approaches and significant contributions made by businesses, - [Monthly Birthday Celebration - May 2024](https://www.mira-power.com/monthly-birthday-celebration-may-2024/) - On May 31, 2024, MPL celebrated the birthday of Mr. Park Changmin (CFO). - [Monthly Birthday Celebration - April 2024](https://www.mira-power.com/monthly-birthday-celebration-april-2024/) - On April 30, 2024, MPL celebrated the birthdays of Mr. Khalid, Ms. Saman, Ms. Mehreen and Mr. Ijaz. - [Welcome to New Employees - 2024](https://www.mira-power.com/welcome-to-new-employees-2024/) - On March 27, 2024, Mira Power Limited hosted a warm welcome event for our newly hired employees with the purpose of a descriptive introduction of company and valued each of its department while providing a platform for building employees’ healthy relationship. The highlight of the event was a comprehensive company profile presentation where each department - [Monthly Birthday Celebration - March 2024](https://www.mira-power.com/monthly-birthday-celebration-march-2024/) - On March 27, 2024, MPL celebrated the birthdays of Mr. Misbah ud Din and Ms. Tashfeen Tajamul. - [Team Building Activity - Trip to Khewra Salt Mines](https://www.mira-power.com/team-building-activity-trip-to-khewra-salt-mines/) - Embark on a captivating journey to the Khewra Salt Mines with MPL's recreational trip on February 29, 2024. Discover the wonders of the world's second-largest salt mines, steeped in rich history dating back to the 13th century. Marvel at the intricate salt formations, explore underground tunnels and chambers, and learn about the cultural heritage of - [Monthly Birthday Celebration - February 2024](https://www.mira-power.com/monthly-birthday-celebration-february-2024/) - On February 28, 2024, MPL celebrated the birthdays of Mr. Nadim Ullah and Mr. Hashim Khan. - [Monthly Birthday Celebration - January 2024](https://www.mira-power.com/monthly-birthday-celebration-january-2024/) - On January 31, 2024, MPL celebrated the birthdays of Mr. Han Seung Nam (honorable CEO), Mr. Borooj Hateem Shakir and Mr. Muhammad Munir. - [Welcome to New Employees - 2023](https://www.mira-power.com/welcome-to-new-employees-2023-1/) - On November 30, 2023, Mira Power Limited hosted a warm welcome event for our newly hired employees with the purpose of a descriptive introduction of company and valued each of its department while providing a platform for building employees’ healthy relationship. The highlight of the event was a comprehensive company profile presentation where each department - [Monthly Birthday Celebration - November 2023](https://www.mira-power.com/monthly-birthday-celebration-november-2023/) - On November 30, 2023, MPL celebrated birthdays of Mr. Ammar and Miss. Arooj. - [Think Green Go Green - Hiking at Trail-5](https://www.mira-power.com/think-green-go-green-hiking-at-trail-5-2024/) - On January 12, 2024, Mira Power organized a hiking event for its staff to improve their physical and emotional well-being. It was a great experience because it promoted both physical and emotional well-being and gave staff members intimate opportunities to engage with management. Because Mira Power believes in "Success Together, Fun Together," - [11th Foundation Day Ceremony - 2023](https://www.mira-power.com/11th-foundation-day-ceremony-2023/) - Mira Power Limited was established on December 28th, 2012. Every year on this day, all employees and management gather to celebrate the company's anniversary. During this celebration, we acknowledge the achievements of the past year and set goals for the upcoming year. On this occasion, the company's Chief Executive Officer distributed gifts to the employees, - [Clean-Up Drive and Hiking at Trail-5](https://www.mira-power.com/clean-up-drive-and-hiking-at-trail-5/) - Every time we throw a piece of trash on the earth, we are beating the environment. Mira Power Limited is committed to saving Mother Earth from deadly anthropogenic activities. To show its solidarity with Mother Earth, MPL manages clean-up drives at different locations in Islamabad. On October 3, 2023, MPL arranged a clean-up drive at - [Monthly Birthday Celebration - September 2023](https://www.mira-power.com/monthly-birthday-celebration-september-2023/) - On September 28, 2023, MPL celebrated the birthday of Mr. Lee Ki Taek. - [Recreational Activity - Team Bonding at Nathia Gali - 2023](https://www.mira-power.com/recreational-activity-team-bonding-at-nathiagali-2023/) - The Mira Power Limited HR & Admin Department has arranged a team-building event on July 25, 2023, with the theme "Recreational Activity - Team Bonding at Nathia Gali". It was a combination of infotainment, entertainment, and enjoyment where employees could take a break from their busy schedules to explore the outdoors in addition to not getting along with - [HR Cultural Diversity Training - 2023](https://www.mira-power.com/hr-cultural-diversity-training-2023/) - On Tuesday 18th July 2023, the Admin and HR department organized a comprehensive training session on "Workplace Diversity and Inclusion" aimed at promoting cultural understanding and improving communication across diverse backgrounds. The training, conducted by Mr. Fuwad Bashir, a well-experienced and renowned Trainer from SZABIST, focused on equipping employees with essential soft skills necessary to - [Monthly Birthday Celebration - June 2023](https://www.mira-power.com/monthly-birthday-celebration-june-2023/) - On June 27, 2023, MPL celebrated birthdays of Mr. Fazal, Mr. Amjad and Miss. Yamna. - [Monthly Birthday Celebration - May 2023](https://www.mira-power.com/monthly-birthday-celebration-may-2023/) - On May 31, 2023, MPL celebrated birthdays of Mr. Park, Mr. Awais and Mr. Ismail. - [Insurance Service Agreement](https://www.mira-power.com/insurance-service-agreement/) - On May 29, 2023, MPL signs Insurance Service Agreement with Marsh - [New Employees visit to GHPP](https://www.mira-power.com/new-employees-visit-to-ghpp/) - On May 26, 2023, Newly joined MPL Employees visited Gulpur Hydropower Plant. The employees given presentation at plant regarding Health & Safety and Technical overview. The visit lasted upon orientation of Power house and Control Room. - [Sports & Fitness Activity - Jan 2023](https://www.mira-power.com/sports-fitness-activity-jan-2023/) - On January 18, 2023, Mira Power Limited organized its weekly sports activity as of Table Tennis. The event went successful and employees had a great time in competiting with each other. As a reward for winners CEO MPL distributed cash money among winning employees. It was another event that brought the Company working policy i.e. - [Fire Safety Activity - 2023](https://www.mira-power.com/fire-safety-activity-2023/) - On March 22, 2023, Mira Power Limited organized a one-day emergency preparedness training session at their head office, focusing on equipping employees with the necessary skills for effectively using fire extinguishers during potential fire incidents. - [Welcome to New Employees - 2023](https://www.mira-power.com/welcome-to-new-employees-2023/) - On May 09, 2023, Mira Power Limited hosted a warm welcome event for our newly hired employees with the purpose of a descriptive introduction of company and valued each of its department while providing a platform for building employees’ healthy relationship. The highlight of the event was a comprehensive company profile presentation where each department - [Monthly Birthday Celebration - Apr 2023](https://www.mira-power.com/monthly-birthday-celebration-apr-2023/) - On April 28, 2023, MPL celebrated birthdays of Mr. Khalid, Ms. Mehreen, Ms. Nisha and Mr. Ejaz. - [Company Iftaar Dinner - 2023](https://www.mira-power.com/company-iftaar-dinner-2023/) - On April 12, 2023, MPL Management hosted Iftaar dinner and distributed of gift vouchers in connection with Anniversary of Commercial Operation Date wherein MPL Employees, Management and their families participate. After the dinner CEO MPL distributed the gift vouchers to all employees. - [Monthly Birthday Celebration - Mar 2023](https://www.mira-power.com/monthly-birthday-celebration-mar-2023/) - On March 22, 2023, MPL celebrated birthday of Mr. Misbah ud Din. - [Welcome Ramzan Lunch - 2023](https://www.mira-power.com/welcome-ramzan-lunch-2023/) - On March 22, 2023, in token of religious harmony, MPL Management hosted a grand lunch for all its employees to welcome the Holy month of Ramzan. - [Emergency Action Plan - 2023](https://www.mira-power.com/emergency-action-plan-2023/) - On February 17, 2023, in view of current adverse political, law & order and financial situation of Pakistan, MPL updates its Emergency Action Plan and conducted an awareness session to make employees aware of their responsibilities and Company working policy during emergency situations. - [Monthly Birthday Celebration - Feb 2023](https://www.mira-power.com/monthly-birthday-celebration-feb-2023/) - On February 28, 2023, MPL celebrated birthdays of Mr. Nadim Ullah and Mr. Hashim. - [MPL Annual Goals - 2023](https://www.mira-power.com/mpl-annual-goals-2023/) - Aligning the MPL annual targets/ goals with its vision, under the leadership of CEO Mira Power sets annual targets/ goals for 2023 - [Monthly Birthday Celebration - Jan 2023](https://www.mira-power.com/monthly-birthday-celebration-jan-2023/) - MPL started new activity to celebrate employee’s birthdays on monthly basis. For the month of January 2023 birthday of Mr. Han Seungnam, Mr. Borooj and Mr. Munir celebrated on January 31, 2023. In the end CEO MPL distributed birthday gift vouchers and announced that we will celebrate birthdays of employees every month. - [Environmental Audit - 2023](https://www.mira-power.com/environmental-audit/) - On January 16, 2023, Mira Power Limited has signed a contract with Asian Consulting Engineers Pvt. Ltd in association with Cinar Engineering Consultant INC. for the Environmental Compliance Audit of the Construction Phase of 102 MW Gulpur Hydropower Project and Revision of Biodiversity Action Plan for 30 years Operation Phase dated 08 February, 2023. - [Start of New Year 2023- Environment Activity](https://www.mira-power.com/start-of-new-year-2023/) - On January 02, 2023, as part of their commitment to the environment, the Company organized a successful cleanliness drive at Trail 3 in Islamabad, aiming to raise awareness about the importance of a clean environment and inspire positive change in the community - [Inauguration Ceremony - 102MW Gulpur Hydropower Project](https://www.mira-power.com/inauguration-ceremony-ghpp/) - The Inauguration Ceremony of 102MW Gulpur Hydropower Project was held on September 28, 2022, at project site Kotli, AJ&K The ceremony was chaired by Mr. Qamar Zaman Kaira (Advisor to the Prime Minister on Kashmir Affairs & Gilgit-Baltistan) and was co-chaired by Mr. Kim Hoe Chun (CEO, KOEN). Moreover, the ceremony was attended by almost - [Team Building Activity - 2022](https://www.mira-power.com/team-building-activity-2022/) - While implementing the working policy “Success together, Fun together” a team building event was organized on Thursday 13 January 2022 at Cricket Ground, Fatima Jinnah Park, F-9, Islamabad where CEO Mira Power Limited, Mr. Han Seung Nam welcomed all the participants and emphasized on working and living the moment together. To celebrate the successes of - [NEPRA Chairman's Visit to Gulpur Hydro Power Plant](https://www.mira-power.com/nepra-chairmans-visit-to-gulpur-hydro-power-plant/) - Mr. Tauseef H. Farooqi, Chairman NEPRA visited Gulpur Hydro Power Plant on 16th and 17th of June, 2022. Mira Power & KOEN AJ&K jointly hosted the visit. In start O&M Operator (KOEN AJ&K) presented an overview of project which was appreciated by the Chairman NEPRA specifically the equipment deployed. After presentation the authority visited Power - [World Environment Day - 2022](https://www.mira-power.com/world-environment-day-2022/) - Since 1973 World Environment Day is being observed every 5th of June. The purpose of observing this day is to enhance awareness in people regarding the environment. This year the “World Environment Day” was observed under slogan ‘Only One Earth’. Mira Power being a responsible company also observed this day. All company members including management - [Successful Synchronization of Gulpur Project](https://www.mira-power.com/successful-synchronization-of-gulpur-project/) - On Dec 30, 2019, MPL achieved successful synchronization of Gulpur Hydropower Project. To celebrate the achieved milestone, a get- together was arranged in MPL Head Office and Mr. Min Byeong Soo, CEO (MPL) thanked and appreciated efforts and contribution all employees. He further encouraged employees to give their best in order to achieve COD as - [The Completion of Gantry Crane Framework Ceremony](https://www.mira-power.com/the-completion-of-gantry-crane-framework-ceremony/) - Since its acquisition by Korea based Joint Venture, The Gulpur Hydropower Project is being developed on fast track basis. Following the same pace on 21st December 2018 the joint venture with other stakeholders (KOEN, DAELIM, LOTTE) celebrated completion of Gantry Crane Framework. On this occasion CEO of Korea South East Power Co (Korea Energy) Mr. - [Mira Power Limited Participated in Tree Plantation Campaign 2018](https://www.mira-power.com/mira-power-limited-participated-in-tree-plantation-campaign-2018/) - Pakistan is facing a huge water crisis. A huge part of the rural population does not have access to clean drinking water and water resources in urban areas are shrinking like anything. The best way to counter that is through planting trees because not only are you reducing the amount of Carbon Dioxide in the - [KOEN facilitate children born with Cleft-lip defect](https://www.mira-power.com/koen-facilitate-children-born-with-cleft-lip-defect/) - Korea Energy (KOEN) is committed to contribute the economic social development while improving the quality of life and well-being of local community and society at large by implementing various social and philanthropic programs to help poor people. Education, health care, human resources development, conservation of nature, creation of social awareness and such other programs to - [KOEN presented Hydropower case in "Pak Power, Progress and Way Forward"](https://www.mira-power.com/koen-presented-hydropower-case-in-pak-power-progress-and-way-forward/) - Mira Power Limited CEO Mr. Min Byeong Soo and COO Mr. Sultan Ahmed participated in a panel discussion on Hydropower ‘Pak Power, Progress and Way Forward’ organized by Jang/GEO Media Group. Mr. Min responding to a question on Mira Power & KOEN said that Gulpur Hydropower Project is the flagship project of KOEN owns and - [Pakistan Winter Olympics team welcomed to Pyeongchang, South Korea](https://www.mira-power.com/pakistan-winter-olympics-team-welcomed-to-pyeongchang-south-korea/) - Pakistani athletes set to take part in the Winter Olympics have been warmly welcomed by Korea South-East Power Co (KOEN) in Pyeongchang, South Korea. A team of Korea South-East Power Co (KOEN) welcomed the athletes at the Incheon International Airport followed by welcoming activities in the city of Pyeongchang, South Korea. Pakistani skiers will be - [MPL Team Building Activity 2018](https://www.mira-power.com/mpl-team-building-activity-2018/) - To strengthen the good working environment and to provide the healthy atmosphere for employees, MPL organized a team building event on Thursday 15 February 2018. CEO Mira Power Limited, Mr. Min Byeong Soo welcomed all the employees and emphasized on working and living the moment together. The event was held in Islamabad Sports Complex. The - [Mira Power CEO met with the newly appointed Korean Ambassador to Pakistan](https://www.mira-power.com/mira-power-ceo-met-with-the-newly-appointed-korean-ambassador-to-pakistan/) - CEO Mira Power Limited, Mr. Min Byeong Soo along-with a delegation met with newly appointed Korean Ambassador to Pakistan H.E Mr. Kwak Sung-Kyu. CEO Mira Power Limited briefed the ambassador about the progress of 102MW Gulpur hydro power project and Korea South-East Power Co (KOEN) future investments in Pakistan. The Ambassador while appreciating the project - [KOEN donated Ski Equipment to Pakistani Ski players participating in upcoming winter Olympics](https://www.mira-power.com/koen-donated-ski-equipment-to-pakistani-ski-players-participating-in-upcoming-winter-olympics/) - After signing of MOU to donate Ski equipment to the tune of USD 10,300 to Pakistan Sports Board in order to facilitate the Pakistani Ski player(s) participating in upcoming winter Olympics 'PyeongChang 2018' in South Korea. Today in a small ceremony held in Pakistan Sports Board (PSB) Headquarter Islamabad, Korea Energy (KOEN) formally handed over - [KOEN donated 10KW Solar Panel for Kotli School](https://www.mira-power.com/koen-setup-10kw-solar-panel-for-kotli-school/) - Korea Energy (KOEN) following its legacy and keeping its promise to help Pakistan to the best of its possibilities, donated 10KW Solar panel for uninterrupted power supply in Government Boys Middle School, Gulhar Sharif under the umbrella of Corporate Social Responsibility (CSR) yesterday on 12 July 2017. - [Ground Breaking Ceremony of O&M Accommodation](https://www.mira-power.com/ground-breaking-ceremony-of-om-accommodation/) - Ground Breaking Ceremony of Operation and Maintenance (O&M) Accommodation building for Gulpur Hydropower Project (GHPP) in Kotli was laid on yesterday 12 July 2017. The event was chaired by Honorable Executive Vice President of KOEN Mr. Son Kwang Sig. On the occasion, EVP KOEN congratulated everyone on this prestigious event which marks a significant step - [KOEN Volunteers Performed CSR activity in Local School](https://www.mira-power.com/koen-volunteers-performed-csr-activity-in-local-school/) - A group of 28 volunteers form Korea Energy (KOEN) visited Government Boys Middle School, Gulhar Sharif and performed various cultural, sports and building renovation activities in the school under the umbrella of Corporate Social Responsibility (CSR) on 15th & 15th May 2017. The renovation work included painting of walls, 200 desks for students, chairs for - [KOEN signed MoU with Pakistan Sports Board to donate Ski Kits for 2018 Winter Olympics](https://www.mira-power.com/koen-signed-mou-with-pakistan-sports-board-to-donate-ski-kits-for-2018-winter-olympics/) - Korea Energy (KOEN), following its legacy and keeping its promise to help Pakistan to the best of its possibilities, yesterday on 17.05.2017 donated Ski Kits and shoes worth KRW 10 Million to Pakistan Sports Board. In this connection a formal Memorandum of Understanding was signed between KOEN and Pakistan Sports Board. Honorable Mr. Ahn Chun - [Inauguration Ceremony of Thalalat Suspension Bridge](https://www.mira-power.com/inauguration-ceremony-of-thalalat-suspension-bridge/) - During the monsoon flooding in September 2014, the Thalalot Bridge was washed away due to which the access to the community of villages across the river was seized. These villages include Ranjer Colony, Hill Kalan, Thalalot, Judheri, Dongi Sanoot, Hafiz Abad, Karoi with population of around 10 to 15 thousands people. The GOAJK requested Mira - [Team Building Activity 2017](https://www.mira-power.com/team-building-activity-2017/) - With slogan "We are not A Team because we Work Together. We are a Team because We Respect, Trust and Care for each other." Mira power limited conducted a Team building activity on Friday 10 Feb, 2017. In addition to providing opportunity to perform as team, the purpose of this activity was to enhance managerial - [Dam Construction Start Ceremony](https://www.mira-power.com/dam-construction-start-ceremony/) - The foundation of the 66 meters high concrete gravity DAM was laid on January 19, 2017 in presence of senior representatives from Government of Pakistan, Government of AJ&K, Sponsors, IFC, ADB and other lenders. - [President & CEO of KOEN visits to Pakistan](https://www.mira-power.com/president-ceo-of-koen-visits-to-pakistan/) - Mira Power Limited was honored to receive and Welcome President & CEO of KOEN (KOSEP) Chang, Jae Won and Vice President Mr. Kang Heewoong from 16th January to 19th January 2017. This was a very successful tour and it is anticipated that with the vision and guidance of Respectable President & CEO KOEN, the investment portfolio - [President & CEO of KOEN met with Federal Minister of Water & Power Khawaja Muhammad Asif](https://www.mira-power.com/president-ceo-of-koen-met-with-federal-minister-of-water-power-khawaja-muhammad-asif/) - President & CEO of KOEN Chang, Jae Won along with local team met with the Honorable Federal Minister of Water & Power Khawaja Muhammad Asif. The Minister warmly Welcome KOEN CEO in Pakistan and admired the effort of KOEN in successfully achieving the Financial Close of Gulpur hydropower Project on fast track basis. CEO shared - [Another Milestone of 102MW Gulpur Hydropower Project](https://www.mira-power.com/another-milestone-of-102mw-gulpur-hydropower-project/) - Gulpur Hydropower Project was inaugurated by Honorable Prime Minister of Pakistan, Mian Muhammad Nawaz Sharif on October 15, 2015. Following groundbreaking, the Project has achieved overall 35% construction progress by completing construction camps, two diversion tunnels and 35 meters high concrete Cofferdam. Work on power tunnels and earthworks is nearing completion. The foundation of the - [Signing Ceremony of Security Arrangement Agreement for Gulpur Hydropower Project](https://www.mira-power.com/signing-ceremony-of-security-arrangement-agreement-for-gulpur-hydropower-project/) - The landmark agreement for Implementation of security management plan for 102 MW Gulpur hydropower project has successfully been executed between the Project Contractor and police department (Govt of AJ&K) with the efforts of Mira Power Limited. The CEO of Mira Power Limited presented the background and strategy for the management of security requirements. - [MPL won Hydro Power Project of the Year and Environmental Upgrade of the Year at Asian Power Awards 2016](https://www.mira-power.com/mpl-won-hydro-power-project-of-the-year-and-environmental-upgrade-of-the-year-at-asian-power-awards-2016/) - Mira Power Limited has won the Hydro Power Project of the Year and Environmental Upgrade of the Year under Gold and bronze category respectively in the Asian Power Awards 2016. The Asian Power Awards is the region's most prestigious awards, dubbed as the Oscars of the power industry and ranks top outstanding power companies in - [MPL won best Energy deal of the year at The Asset Triple A Asia Infrastructure Awards](https://www.mira-power.com/mpl-won-best-energy-deal-of-the-year-at-the-asset-triple-a-asia-infrastructure-awards/) - Mira Power Limited has won best energy/renewable energy deal of the year for Gulpur Hydropower Project at The Asset Triple A Asia Infrastructure Awards 2016. The Asset Triple A Awards are Asia’s preeminent recognition for those that have excelled in their respective industry. - [Implementation of Biodiversity Action Plan](https://www.mira-power.com/implementation-of-biodiversity-action-plan/) - Public private partnership for conservation at Poonch Mahaseer National Park is in progress. Mira Power Limited hands over two vehicles to Biodiversity action plan implementing organization (Himalayan Wildlife Foundation) for assisting AJ&K Government's, Fisheries and Wildlife department in conservation activities and protection of National Park. - [KOEN Volunteers Performing CSR Activity in Government Boys High School Barali, Kotli](https://www.mira-power.com/koen-volunteers-performing-csr-activity-in-government-boys-high-school-barali-kotli/) - Helping people of Pakistan and Azad Jammu & Kashmir, Korea Energy (KOEN) through its subsidiary Mira Power Limited started developing Kotli- Gulpur Hydro Power Project in 2013, which will start production 2019. Following its legacy of helping local community; KOEN initiated practical work of renovation of Government Boys High School Barali, Kotli under the umbrella - [Meeting with Chief Secretary AJ&K](https://www.mira-power.com/meeting-with-chief-secretary-ajk/) - CEO Mira Power Limited and its team held a meeting with the Chief Secretary to apprise the progress of the project and to thank the support of AJ&K to timely deliver the project. - [Mira Power has won IJGlobal Awards for Gulpur Hydropower](https://www.mira-power.com/mira-power-has-won-ijglobal-awards-for-gulpur-hydropower/) - Mira Power has won prestigious Infrastructure Journal Global Awards Asia Pacific for Gulpur Hydropower project for the year 2015. - [Execution of GOP Guarantee](https://www.mira-power.com/execution-of-gop-guarantee/) - Mira Power Limited has signed GOP Guarantee on November 3, 2015. - [Execution of AJ&K IA Direct Agreement and Water Use Direct Agreement](https://www.mira-power.com/execution-of-ajk-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](https://www.mira-power.com/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. - [Prime Minister of Pakistan Muhammad Nawaz Sharif inaugurates Gulpur hydropower project](https://www.mira-power.com/pm-nawaz-inaugurates-102mw-gulpur-hydropower-project-in-ajk/) - 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 - [Execution of GoP Implementation Agreement](https://www.mira-power.com/execution-of-gop-implementation-agreement/) - The Government of Pakistan and Mira Power Limited signed the Implementation Agreement on April 14, 2014 to formalise the financial close of the 102MW Gulpur Hydropower Project to be set up at Kotli in Azad Jammu & Kashmir on Poonch river. The project will be completed by 2018. Representing GoP Mr. N.A. Zuberi (Chairman PPIB) - [PPIB approves signing of Implementing Agreement for Gulpur Hydropower](https://www.mira-power.com/ppib-approves-ias-for-two-hydro-projects/) - 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 - [Execution of GOP Implementation & Guarantee Direct Agreement](https://www.mira-power.com/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](https://www.mira-power.com/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. - [MPL signs EPC contract for Gulpur Hydropower Project](https://www.mira-power.com/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. - [Gulpur Project Presented as Sustainable Development Case Study](https://www.mira-power.com/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 - [International Day for Biological Diversity 2015](https://www.mira-power.com/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 - [Signing of Financing Documents for Gulpur Hydropower Project](https://www.mira-power.com/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 - [IFC/World Bank Board accords approval for financing 102 MW Gulpur Hydropower Project](https://www.mira-power.com/ifcworld-bank-board-accords-approval-for-financing-102-mw-gulpur-hydropower-project/) - The IFC/World Bank Board has accorded approval for financing the 102 MW Gulpur Hydropower Project to be located at Poonch River, District Kotli, AJK. A high-level delegation of the IFC/World Bank here on Friday met the Finance Minister Ishaq Dar having in depth exchange of views on various WB sponsored development projects. Finance Minister lauded - [MPL executed AJ&K Implementation Agreement, Water Use Agreement and Land Lease Agreements](https://www.mira-power.com/mpl-executed-ajk-implementation-agreement-water-use-agreement-and-land-lease-agreements/) - Mira Power Limited executed AJ&K Implementation Agreement (AJ&K IA), Water Use Agreement (WUA) and Land Lease Agreements with GOAJK in a ceremony held in Regency Hotel, Mirpur AJ&K on March 16, 2015 which was witnessed by the Prime Minister of AJ&K (Chaudhary Abdul Majid), Ambassador of Republic of Korea, Dr. Song Jong-Hwan, the Senior Minister - [Model for Gulpur Hydropower Project at Irrigation Research Institute Nandipur](https://www.mira-power.com/model-for-gulpur-hydropower-project-at-irrigation-research-institute-nandipur/) - A comprehensive physical model study of Gulpur Hydropower Project has been conducted at IRI Nandipur. All project structures including concrete Gravity Dam, Gated Spillway and Overflow Section, Energy Dissipation System, Power Intake and Tailrace Tunnels were constructed. - [CSR Initiative - Helping the flood affectees of Project Area and AJ&K](https://www.mira-power.com/csr-initiative-helping-the-flood-affectees-of-project-area-and-aj-k/) - KOSEP contributed PKR 1 Million to Gulpur Hydropower Project through Mira Power Limited to support its stakeholders engagement program and extends its support to flood victims of project area and AJ&K. Of this amount, PKR 3 Lac was delivered to district administration Kotli as contribution in AJ&K fund for flood victims, PKR 3 Lac has - [Compensation Disbursement Ceremony for Gulpur Hydropower Project](https://www.mira-power.com/compensation-disbursement-ceremony-for-gulpur-hydropower-project/) - A ceremony was held in the District Kotli on 23rd August, 2014 which was chaired by the Senior Minister and Acting Prime Minister Ch. YASEEN. It was organised by Deputy Commissioner Kotli and attended by the Minster for Environment, Community, Revenue Department and District Management. The chair disbursed the cheques amongst the Affected Persons, welcomed - [Notification for lease of Govt. owned land to MPL](https://www.mira-power.com/notification-for-lease-of-govt-owned-land-to-mpl/) - GOAJK issued notification for grant of govt. land to Mira Power Limited for construction and development of Gulpur Hydropower project for a period of thirty five years soon after receipt of the advance payment of ten years lease from MiraPower Limited on July 21, 2014. The Secretary Board of Revenue received the payment and issued - [Execution of Section 41 Agreement](https://www.mira-power.com/execution-of-section-41-agreement/) - Mira Power Limited advanced the process of acquisition of private land whereby it has executed Section 41 Agreement with GOAJK on 14th July 2014 as required under the Land Acquisition Act 1894. Mira Power has also made compensation payment to the GOAJK for land and structures of major areas required for the project constructions. - [Humanitarian Assistance to IDPs of North Waziristan](https://www.mira-power.com/humanitarian-assistance-to-idps-of-north-waziristan/) - MPL is committed to play a role in providing humanitarian assistance in times of crisis at local, regional and global scales. The internally displaced persons (IDPs) of North Waziristan, who left their houses due to the on-going military operations, consisting of women and children, needed help instantly. To show solidarity, the Company donated a contribution - [Initialing of Power Purchase Agreement with NTDC](https://www.mira-power.com/initialing-of-power-purchase-agreement-with-ntdc/) - MPL has finalized the draft Power Purchase Agreement with NTDC and initial same in the office of General Manager (WPPO), NTDC on June 17, 2014 following several rounds of negotiations. MPL will execute this Agreement following its diligence by the Lenders and approval of NEPRA. - [Hearing before NEPRA for Tariff Proposal of Gulpur Hydropower Project](https://www.mira-power.com/hearing-before-nepra-for-tariff-proposal-of-gulpur-hydropower-project/) - NEPRA called on Mira Power Limited to present its case before the Authority and explain the features, progress and tariff of the Project. The hearing was attended by the full authority i.e. Vice Chairman, Member (Tariff) & Member (Licensing) assisted by tariff, licensing & legal wing. MPL gave a detailed presentation on the Project’s features, - [News Coverage of Public hearing on EIA](https://www.mira-power.com/news-coverage-of-public-hearing-on-eia/) - News Coverage of Public hearing on EIA of Gulpur Hydropower Project in local print media in AJK. - [Public Hearing on Environmental Impact Assessment of Gulpur Hydropower Project](https://www.mira-power.com/public-hearing-of-environmental-impact-assessment-of-gulpur-project/) - The public hearing on Environmental Impact Assessment (EIA) of Gulpur Hydropower project was successfully completed today. The session was held at Kotli and near project site Gulpur in which all stakeholders actively participated. Company's Environmental Consultant, Hagler Bailly Pakistan and MPL team defended the report and answered all questions raised by community. - [Meeting with NTDC for EPC stage tariff](https://www.mira-power.com/meeting-with-ntdc-for-epc-stage-tariff/) - MPL management gave the detailed presentation to NTDC on design change and propose cost and tariff of the project. NTDC appreciated the efforts done by the company and EPC contractor to optimise the design and to bring the cost at an acceptable level. NTDC informers that tariff has been forwarded to regulatory and they will - [MPL presented finalized design report to PPIB and NTDC ](https://www.mira-power.com/mpl-presented-finalized-design-report-to-ppib-and-ntdc/) - MPL, its EPC contractor (DAELIM) & designer (SAMAN) gave a presentation on the finalized design of Gulpur Hydropower Project collectively to PPIB and NTDC and demonstrated the change in design caused for resolution of Environmental, Resettlement and Technical issues faced during the development process. - [Notification for Public Hearing on Project's ESIA](https://www.mira-power.com/notification-for-public-hearing-on-projects-esia/) - The Environmental Protection Agency (EPA) of Azad Jammu & Kashmir has accepted the project's Environmental & Social Impact Assessment (ESIA) report for the process of approval. A public hearing on the same shall be held on 12th of May 2014. A public notification has been published in two leading national newspapers i.e. "Dawn" in English - [Initiating of Water use agreement](https://www.mira-power.com/initiating-of-water-use-agreement/) - A ceremony was held in Private Power Infrastructure Board (PPIB) for initiating of Water Use Agreement which was resulted from several rounds of negotiations between MPL, GOAJK and AJ&K Council through PPIB. - [Meeting with Minister of Water & Power](https://www.mira-power.com/meeting-with-minister-of-water-power/) - His excellency Ambassador of Republic of Korea Mr. Jong Hwan Song along with management of Mira Power Limited met with Federal Minister of Water & Power, Honorable Khawaja Muhammad Asif and Secretary Water & Power in his office on 10 April 2014. Meeting held in pleasant environment and parties discussed the various matters of mutual - [Stakeholders Consultation on Ecological flow of Gulpur Hydropower ](https://www.mira-power.com/stakeholders-consultation-on-ecological-flow-of-gulpur-hydropower/) - The institutional stakeholders consultation on Ecological Flow of Gulpur Hydropower project was held in Muzaffarabad AJ&K. The Environmental Protection Agency, Forest & Wildlife department, Electricity department and Hydroelectric board participated in this session. - [Friendly Cricket Series between Mira Power and Laraib Energy](https://www.mira-power.com/friendly-cricket-series-between-mira-power-and-laraib-energy/) - Mira Power Limited and Laraib Energy Limited played a friendly cricket match series on March 07, 2014. Laraib Energy won the series 2-0. Mr. Uy-Sung Jung, CTO Mira Power Limited and Mr. Hasnain Haider, CEO Laraib Energy were the chief guest at the occasion. Both congratulated the winning team and also appreciated the organizers efforts and - [MPL Volunteers took part in 150th Vision Care Eye Camp](https://www.mira-power.com/mpl-volunteers-took-part-in-150th-vision-care-eye-camp/) - Keeping in mind the corporate responsibility MIRA POWER Limited has always stepped ahead. MPL loves to work for the society where its working and always have the consideration to work for the marginalized people. For the same reason MPL has joined hands with Vision Care who hold their 150th Eye Camp in Khanpur from 27th February till 1st March 2014. - [Initialing Ceremony for AJ&K Implementation Agreement in PPIB](https://www.mira-power.com/initialing-ceremony-for-ajk-implementation-agreement-in-ppib/) - A ceremony was held in Private Power Infrastructure Board (PPIB) for initialing AJ&K Implementation Agreement which was resulted from several rounds of negotiations between MPL, GOAJK and AJ&K Council through PPIB. - [Videocon Presentation to lenders on Environment](https://www.mira-power.com/videocon-presentation-to-lenders-on-environment/) - MPL arranged a Videocon presentation to lenders on results Downstream Response on Imposed Flow Transformation (DRIFT) model on Ecological Flows. The presentation was delivered by Hagler Bailly which followed by a discussion and way forward. This session was attended by MPL management and Hagler Bailly through the video link from ADB’s Pakistan Resident Mission Islamabad, - [Agreement signed with Hagler Bailly on additional Environmental assignments](https://www.mira-power.com/agreement-signed-with-hagler-bailly-on-additional-environmental-assignments/) - An amendment to the existing contract was agreed between Mira Power Limited and Hagler Bailly to incorporate the additional assignment. This additional assignment included climate change risk assessment required by project lenders. Hagler Bailly Pakistan will undertake this activity through a joint venture with Tetra Tech USA. - [Stakeholders Consultation on ESIA of Gulpur Hydropower Project](https://www.mira-power.com/stakeholders-consultation-on-esia-of-gulpur-hydropower-project/) - Stakeholders Consultation on Environmental Impact Assessment of Gulpur Hydropower project was conducted on 19th of February 2014. Worldwide Fund for Nature (WWF), Himalayan Wildlife Foundation (HWF), Snow Leopard Foundation (SLF), Quaid-e-Azam University and representatives of Private Power & Infrastructure Board (PPIB) actively participated and contributed in the session. - [Visit of Auditor General of KOSEP](https://www.mira-power.com/visit-of-auditor-general-of-kosep/) - Controller & Auditor General of Kosep Mr. Cho, Woo Chang visited MPL office along with senior manager KOSEP Mr. Jung, Dong Jin. Chief Executive Officer Mira Power Limited Yoon, Tae Hak welcomed the delegation. Deputy Chief Executive Officer Dr. Kim, Kyung-Man presented overall progress of project and other aspects of company. Later on auditors raised certain - [Cricket Series between Mira Power Limited and Star Hydro](https://www.mira-power.com/cricket-series-between-mira-power-limited-and-star-hydro/) - Korean sponsored IPPs, Mira Power Limited and Star Hydro played a series of three friendly cricket matches on December 26th 2013. Star Hydro won the series by 2-1. Mr. Munir (Assistant Admin MPL) and Jawad (Manager Accounts Star Hydro) organized the series along-with refreshment and prize ceremony. In the end winning cup ceremony coupled with prizes - [Cricket Match Series between Mira Power Limited and Star Hydro](https://www.mira-power.com/cricket-match-series-between-mira-power-limited-and-star-hydro/) - Korean sponsored IPPs, Mira Power Limited and Star Hydro played a series of two Friendly Tennis Tape Ball Cricket Matches on July 4th 2013. The series won by MPL by 2-0. Mr. Munir (Assistant Admin MPL) and Jawad (Manager Accounts Star Hydro) organized the series along-with refreshment and prize ceremony. In the first Match Star Hydro while - [10th Annual General Meeting](https://www.mira-power.com/12th-annual-general-meeting/) - Tenth Annual General Meeting was held in Mira Power Limited office in Islamabad. It was attended by board directors and company secretary. - [Safeguards team Visit to Project Site](https://www.mira-power.com/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. - [Meeting with Fish Expert & Safeguards Team](https://www.mira-power.com/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. - [Meeting with ADB & Southern Waters South Africa](https://www.mira-power.com/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. - [Lender's Environmental & Social Representatives at Site](https://www.mira-power.com/lenders-environmental-social-representatives-at-site/) - Mott McDonald's environmental & social team conducted a due diligence visit of the project area. - [High Level Korean Delegation met with Minister of State for Water & Power](https://www.mira-power.com/high-level-korean-delegation-met-with-state-minister-of-water-power/) - A high level Korean delegation arranged by Korean Embassy comprising of Mira Power Limited, SAMBU, K-Water and LOTTE met with Minister of State for Water & Power Chuadhry Abid Sher Ali. Abid Sher Ali warmly welcomed the delegation. Abid Sher Ali thanked Republic of Korea and appreciated the efforts of Korean Ambassador and companies to improve Pakistan-South - [Consultation Activities with Project's Secondary Stakeholders](https://www.mira-power.com/consultation-activities-with-projects-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](https://www.mira-power.com/consultation-activities-with-projects-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 ](https://www.mira-power.com/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. - [Conference call with EPC Contractor and MWH](https://www.mira-power.com/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 MWH](https://www.mira-power.com/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](https://www.mira-power.com/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 Disclosure by ADB](https://www.mira-power.com/esia-disclosure-at-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 - [ESIA & ESMMP Disclosure by IFC](https://www.mira-power.com/esia-disclosure-at-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 - [Third session of AJK Implementation Agreement negotiations](https://www.mira-power.com/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 - [Biodiversity Scoping Assessment and Management of Gulpur Hydropower Project](https://www.mira-power.com/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 - [Meeting with Minister of State for Water & Power on Iftar Dinner](https://www.mira-power.com/meeting-with-minister-of-state-for-water-power-on-iftar-dinner/) - The management of Mira Power Limited, commercial counselor of Republic of Korea in Pakistan and country director of Sambu construction met with newly appointed Minister of State for Water & Power, Mr. Abid Sher Ali on Iftar dinner. The Korean delegation explained initiative of various Korean companies to invest in Pakistan especially the power sector. - [Initialing Ceremony for GOP Implementation Agreement in PPIB](https://www.mira-power.com/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) / - [Lenders' E&S (Mott McDonald) Visit to EPA AJ&K and Frostery, Wildlife & Fisheries Department](https://www.mira-power.com/lenders-es-mott-mcdonald-visit-to-epa-ajk-and-frostery-wildlife-fisheries-department/) - Mott McDoland environment representative visited the offices of Environment Protection Agency AJ&K and the Frostery, Wildlife & Fisheries Department and held meeting with Mr. Muhammad Shafiq Abbasi, Deputy Director EPA and Dr. Shafiq-ur-Rehman Khan, Additional Secretary (Fisheries & Wildlife) and discussed the issues of ESIA study and National Park declaration of Poonch River. - [Lenders' E&S (Mott McDonald) Visit to Project Site, Land Collector & Local Community](https://www.mira-power.com/lenders-es-mott-mcdonald-visit-to-project-site/) - In continuation to the process of environment & social due dilligence by ADB & IFC team during last week, the E&S team of Mott McDonald visited the project site, meet with Land Collector and visited the local community at their door steps to get the inputs regarding the project. - [KOSEP, Dowha, MWH, EPC Contractor (Sambu & Daelim) and Basic Designer Visit to MPL](https://www.mira-power.com/kosep-dowha-mwh-epc-contractor-sambu-daelim-and-basic-designer-visit-to-mpl/) - A meeting to discuss and finalize the Structure of EPC Consortium, EPC Technical issues and negotiations on price of EPC Contract was held between all stakeholders. The participants deliberated on all outstanding issues to finalize the Design of the project and pricing. - [Lenders' Technical Advisor (Mott McDonald) Visit to Project Site](https://www.mira-power.com/lenders-technical-advisor-mott-mcdonald-visit-to-project-site/) - Lenders' Technical Advisor visited Gulpur Hydropower Project Site on September 4, 2013 along with EPC Contractor, Basic Designer and Owner's Engineer for the due dilligence of different project features. - [Lenders' Technical Advisor (Mott McDonald) Visit for Project Due Dilligence](https://www.mira-power.com/lenders-technical-advisor-mott-mcdonald-visit-for-project-due-dilligence/) - Mott McDonald's Technical and E&S teams arrived in MPL office Islamabad on September 3, 2013 and have conducted several face to face meetings including meetings with MPL team, EPC Contractor (Sambu & Daelim), Basic Designer (Saman), Owner's Engineer (MWH, Kosep & Dowha), E&S Consultants (Hagler Bailley & Sustainable Solutions), Land Collector (Deputy Commissioner Kotli), Environment - [Kick Start Meeting with GOAJK, AJ&K Council through PPIB and MPL to negotiate AJ&K Implementation Agreement](https://www.mira-power.com/kick-start-meeting/) - A kick start meeting was held on September 2, 2013 in Pearl Continental Hotel, Muzaffarabad to finalized AJ&K Implementation Agreement with GOAJK and AJ&K Council. The meeting was attended by the representative of Secretary Electricity, Private Power Cell, AJ&K Law Ministry and PPIB as an agent to AJ&K Council. A substantial portion of AJ&K Implementation - [Environment & Social (E&S) Due Diligence of Lenders (ADB & IFC)](https://www.mira-power.com/environment-social-due-diligence-of-lenders-adb-ifc/) - As part of Lenders Due Diligence, E&S mission of Asian Development Bank (ADB) and International Finance Corporation (IFC) visited MPL offices and Project Site. MPL along with its consultants Sustainable Solutions and Hagler Bailly (proposed) conducted the whole due diligence successfully and also arranged the meetings with Government (Land Collector and AJ&K PPC), affected communities - [Mira Power holds Support Day](https://www.mira-power.com/mira-power-hold-support-day/) - Mira Power holds Support Day on completion of Genset by Royal-Anns and Energy Control Film by FM7. Keeping the Korean standard and in-line with Korean government policy to promote Korean companies abroad, Mira Power has imported Royal-Anns genset from Korea. Korean Gensets are famous for Low Fuel Consumption, energy efficient and environment friendly. The event concluded - [KOREAN SPONSORED IPPs DEMONSTRATED SOLIDARITY WITH PAKISTAN BY HOLDING A CRICKET SERIES](https://www.mira-power.com/korean-sponsored-ipps-demonstrated-solidarity-with-people-of-pakistan-on-pakistan-day-23rd-march/) - 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 - [Human welfare activities](https://www.mira-power.com/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 - [Weekly Office Cleaning Campaign](https://www.mira-power.com/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. - [Meeting with Additional Chief Secretary of AJ&K](https://www.mira-power.com/meeting-with-additional-chief-secretary-of-ajk/) - The CEO and COO of Mira Power Limited met with Additional Chief Secretary (ACS) of AJ&K to discuss the various matters about the progress of Gulpur Hydropower Project. Mira Power explained the project status to ACS and requested his support in expediting land acquisition process and other AJ&K related matters. ACS appreciated the interest of - [Mira Power management met with the management Kohsar Trading](https://www.mira-power.com/mira-power-management-met-with-the-management-kohsar-trading/) - Mira Power management met with the management Kohsar Trading (led by Haji Muhammad Aziz, a renowned AJ&K businessman) which is part of Laraib Group to discuss the possible collaboration on the land acquisition and AJ&K matters for Gulpur Hydropower Project and to help the AJ&K hydropower sector. - [PM inaugurates country's 1st hydel power project near Mirpur](https://www.mira-power.com/pm-inaugurates-countrys-1st-hydel-power-project-near-mirpur/) - Prime Minister Muhammad Nawaz Sharif inaugurated country's first private hydropower project near Mirpur in Azad Kashmir on Monday evening. The project site is located at River Jhelum about seven Kilometers from Mangla Dam. The 84MW run-of-the river New Bong Escape Hydropower Project is expected to provide electricity to Wapda at about Rs8.7 per kwh, compared - [ADB's high level delegation visit to MPL](https://www.mira-power.com/adb-high-level-delegation-visit-to-mpl/) - Asian Development Bank's team headed by Mr. Michael Barrow, Director Infrastructure Finance Division visited MPL's office to seek the status and progress of the Project. MPL gave a detailed presentation and respond to different queries/clarification raised by ADB. The meeting was followed by an Iftaar dinner where different aspects of energy sector were discussed. - [Meeting with Environmental Consultant Hagler Bailly Pakistan](https://www.mira-power.com/meeting-with-environmental-consultant-ms-hagler-bailly-pakistan/) - A meeting was held between MPL and prominent environmental consultant (M/S Hagler Bailly Pakistan) to discuss the possible collaboration on environmental matter for Gulpur Hydropower Project. - [Agreement Signing for Stability & Load Flow Study](https://www.mira-power.com/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](https://www.mira-power.com/ceo-mira-power-limited-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 - [Asian Development Bank visit to the Project Site](https://www.mira-power.com/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. - [Meeting with Assistant Commissioner Mirpur on Land Acquisition Process](https://www.mira-power.com/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. - [Welcoming The Holy Month of Ramadan and MPL Staff Donation](https://www.mira-power.com/welcoming-the-holy-month-of-ramadan-and-mpl-staff-donation/) - On July 1, 2013 Mira Power Limited organized welcome party in respect of upcoming Holy month of Ramadan. The ceremony started at 5 PM with introduction of the event by Mr. Dilawar Younis (Assistant). Thereafter, CEO along-with others cut the cake. Utilizing the forum CEO also handed-over PKR 91,739 donation arranged by MPL staff from - [Kick Start Meeting with PPIB to negotiate GOP Implementation Agreement](https://www.mira-power.com/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](https://www.mira-power.com/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](https://www.mira-power.com/kosep-attained-a-grade-rating/) - KOSEP attained A Grade Rating 2011-2012 for two consecutive years in Government assessments. - [Land Acquisition Meeting with Deputy Commissioner Kotli](https://www.mira-power.com/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 - [Progress Review meeting with PPIB](https://www.mira-power.com/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 - [Meeting on Land Acquisition & Resettlement with AJ&K Officials in office of Deputy Commissioner](https://www.mira-power.com/meeting-with-ajk-officials-in-office-of-deputy-commissioner-ajk/) - 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 - [A Technical Delegation from South Korea Visited MPL](https://www.mira-power.com/technical-delegation-from-south-korea-visited-mpl/) - A Technical Delegation from South Korea representing by the companies M/S SAMAN Engineering (Designer for EPC Consortium), M/S DOHWA Engineering (Proposed Owner's Engineer Consortium Partner) and KOSEP (Parent Company) visited MPL office to discuss the matter relating to EPC Basic Design and EPC Price. The meeting held in a friendly atmosphere and parties decided to - [MPL Team Building Event ](https://www.mira-power.com/mpl-team-building-event/) - To strengthen the good working environment and to provide the healthy atmosphere for employees MPL organized a team building event on Monday 29 April 2013. The event held in the lawn adjacent to office. The idea of this event was to boost the rapport among employees so they can enjoy working together in challenging environment. - [Opening Ceremony of Mira Power Limited Corporate Office](https://www.mira-power.com/opening-ceremony-of-mira-power-limited-corporate-office/) - Formal Opening Ceremony of Mira Power corporate office was held on April 16, 2013 at 11:30 pm. Distinguished guests from various stakeholders gratified the occasion including honorable Ambassador of Republic of Korea, Mr. Choi Choong-Joo, Executive Vice President of KOSEP, Mr. Kwon Soon-Young and Director General PPC, Mr. Farooq Haider. The ceremony commenced with ribbon - [MPL Management meeting with Country Director of Montgomery Watson Harza (MWH) ](https://www.mira-power.com/mpl-management-meeting-with-country-director-of-montgomery-watson-harza-mwh/) - MPL management had a meeting with Country Director of Montgomery Watson Harza (MWH) in Lahore to discuss the possible role and participation of MWH in Owner’s engineering arrangements for Gulpur Hydropower Project. It was decided to enter into an MOU for the resolution of technical issues in hand until the finalization of overall Owner’s Engineering - [MPL Management meeting with Acting Member Power of WAPDA ](https://www.mira-power.com/mpl-management-meeting-with-acting-member-power-of-wapda/) - Management of Mira Power Limited had a courtesy meeting with Acting Member Power of WAPDA and discussed the matters of mutual interest about the Gulpur Hydropower Project. Member Power was briefed about the Sponsors of the Project and status of the Project. Member Power appreciated the initiative of Mira Power and ensured his support for - [MPL Management meeting with Managing Director of NTDC](https://www.mira-power.com/mpl-management-meeting-with-managing-director-of-ntdc/) - Mira Power Limited management had a courtesy meeting with Managing Director of National Transmission and Despatch Company (NTDC). Both parties discussed the matters of mutual interest. CEO briefed the Managing Director about the progress on the Project. The matter of interconnection and power evacuation was discussed in detail and NTDC assured their full cooperation to - [MPL Management meeting with Chairman WAPDA](https://www.mira-power.com/mpl-management-meeting-with-chairman-wapda/) - Mira Power Limited management had a courtesy meeting with honorable Chairman WAPDA at WAPDA House, Lahore. CEO Mira Power briefed the honorable Chairman on the status of Gulpur Hydropower Project and requested for WAPDA support and cooperation. Honorable Chairman WAPDA appreciated the initiative of Korean companies to invest in Pakistan and ensured WAPDA’s support and - [Meeting with ADB Safeguard Team](https://www.mira-power.com/meeting-with-adb-safeguard-team/) - The ADB’s social safeguard & environment team visited MPL’s Office today on April 5, 2013 to discuss environment, social and resettlement aspects of the Gulpur Hydropower Project. The MPL briefed ADB team regarding the Project, its environmental & social impacts along with the mitigation plan and current progress of studies/reports required to be completed and - [Meeting with Sustainable Solutions (Environment Consultant)](https://www.mira-power.com/meeting-with-sustainable-solutions-environment-consultant/) - MPL's management conducted meeting with EIA Consultant regarding revision of Environment Impact Assessment Study, Resettlement Action Plan in accordance with ADB safeguard policies and IFC performance standards on environment. - [Meeting with NTDC (Power Purchaser) on Interconnection and Transmission Facility](https://www.mira-power.com/meeting-with-ntdc-power-purchaser-on-interconnection-and-transmission-facility/) - The Mira Power Limited delegation visited the Planning Department of National Transmission and Despatch Company (NTDC) and meet with General Manager Planning and other representatives of NTDC. They discussed the Interconnection and Transmission Facility of Gulpur Hydropower Project. Mr. Wasim Yousaf, Manager Planning NTDC introduced the necessity of the studies required for interconnection and transmission. The - [MPL meeting with M/s SAMAN Corporation Korea](https://www.mira-power.com/mpl-meeting-with-ms-saman/) - MPL Management had a meeting with M/s Saman Corporation, Korea regarding the scope of services and related technical issues of Basic Design of Gulpur Hydropower Project. - [Meeting with ADB regarding Project Status and Way Forward](https://www.mira-power.com/meeting-with-adb-regarding-project-status-and-way-forward/) - Asian Development Bank representatives attended meeting in MPL's Office today and apprised regarding initial management approval and next steps for finalization of ADB's portion of Debt Financing. MPL explained ADB regarding current status and future program of activities on EPC finalization, financing status of other multilateral financial institutions, concession documents, environment & social assessment, resettlement action plan - [PPIB has granted LOS extension to MPL for further one year](https://www.mira-power.com/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 - [Pakistan’s first private hydropower IPP](https://www.mira-power.com/pakistans-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 - [2nd EPC Price Meeting](https://www.mira-power.com/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 - [Kick-start meeting with Legal Counsel (RIAA LAW)](https://www.mira-power.com/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. - [Kick off meeting with IDB](https://www.mira-power.com/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. - [AJ&K Private Power Cell Visit to Project Site](https://www.mira-power.com/ajk-private-power-cell-visit-to-project-site/) - The Director General Private Power Cell AJ&K along with three others representatives visited the Project Site on 26 March 2013. Mira Power Limited's representatives briefed them regarding different structures of Project which include Project Intake, Weir Site, Reservoir and Power House Areas. The Director General appreciated the Korean Investment and efforts of Mira Power Limited - [KEPCO's visit to MPL](https://www.mira-power.com/kepcos-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 - [Koreans offered to invest in power sector](https://www.mira-power.com/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 - [MPL Volunteers took part in 124th Vision Care Eye Camp](https://www.mira-power.com/mpl-volunteers-for-124th-vision-care-eye-camp/) - Keeping in mind the corporate responsibility MIRA POWER Limited has always stepped ahead. MPL loves to work for the society where its working and always have the consideration to work for the marginalised people. For the same reason MPL has joined hands with Vision Care who hold their 124th Eye Camp in Hattar on 28-29 January 2013. The volunteers of - [Public Relationship with Korea: Korean Press](https://www.mira-power.com/public-relationship-with-korea-korean-press/) - The Gulpur Hydro Power Project is an important business liaison between Pakistan and Korea. According to Yonhap News, Aju Economics, E-daily dated 4th January, 2013 press, they said that Gulpur Project is successfully transferred into Mira Power, which is held by Korean Consortium (KOSEP, Sambu, Lotte and STX) on 28th December, 2012. They also introduced ## Pages - [Welcome to Mira Power Limited Website](https://www.mira-power.com/) - 100MW Gulpur Hydropower Project is owned by Mira Power Limited. Mira Power Limited, a subsidiary of KOSEP is an Independent Power Producer being developed in private sector - [Welcome to Mira Power Limited Website](https://www.mira-power.com/) - 100MW Gulpur Hydropower Project is owned by Mira Power Limited. Mira Power Limited, a subsidiary of KOSEP is an Independent Power Producer being developed in private sector - [Management](https://www.mira-power.com/about-us/management/) - [CEO's Message](https://www.mira-power.com/about-us/ceo-message/) - Dear Visitors, It is my distinct pleasure to welcome you to the official website of Mira Power Limited — a company at the forefront of sustainable energy development in Pakistan. As a proud subsidiary of Korea South-East Power Company Limited (KOEN), Mira Power has been entrusted with the mission of delivering clean, renewable hydropower to - [Salient Technical Features](https://www.mira-power.com/our-project/salient-technical-features/) - ITEM DESCRIPTION Generation Capacity 102 MW Annual Energy Generation 465 GWh Type Runoff River River Poonch River Reservoir Area 3648 km2 Dam Concrete Gravity Dam H66.5m x L205m Flood Frequency 500 yrs. N.O. L 532m Tailrace Level 474.4m Diversion Scheme 503 m Concrete Cofferdam & 2 Diversion Tunnels of 10m Día Waterway Tunnel 2 tunnels - [Hydrology & Energy](https://www.mira-power.com/our-project/hydrology-energy/) - Poonch River at the dam site drains a catchment area of about 3648 km2. River is gauged near Rahman Bridge by WAPDA from where observed hydrological and sedimentation data was procured for the period 1960-2002. Data related to meteorological parameters such as rainfall, temperature, humidity etc., was obtained from the meteorological station being maintained at - [Awards](https://www.mira-power.com/environment/awards/) - As a result of commendable efforts and achievements, the project has won many international awards on the Environment front. A presentation on the outcomes and achievements of the Biodiversity Action Plan being implemented was presented by the MPL at the Eighth International Conference and Exhibition on Water Resource and Renewable Energy Development in Asia held - [Security Policy](https://www.mira-power.com/environment/policies-on-sustainability/security-policy/) - MPL’s goal is to protect the company’s employees, assets, information, integrity and reputation from all kinds of potential threats. - [CSR Policy](https://www.mira-power.com/environment/policies-on-sustainability/csr-policy/) - MPL is committed to ensure the health, safety and welfare of all the employees, development of the community, protection of environment and positive contribution to the society. The integrity, sound values and a long term approach offers clear business benefits to the company and the community which creates a win-win situation for both parties. This - [OHS Policy](https://www.mira-power.com/environment/policies-on-sustainability/ohs-policy/) - It pursues the peace of the society and state with the happiness of interested parties and their homes by essentially securing the stability of the power facility that is the driving force and creating the optimal safety environment. It implements the human respect spirit by realizing the voluntary safety culture by: Improving the safety-first system - [Environment Policy](https://www.mira-power.com/environment/policies-on-sustainability/environment-policy/) - Mira Power Limited recognizes that the environment protection activity is the important factor of the corporate management policy when performing the power plant construction and electricity generation activities as an Independent Power Producer, makes the environment policy as follows to establish the win-win management system accomplishing the soundness of the environment and the development of - [Leadership and Accountability Policy](https://www.mira-power.com/environment/policies-on-sustainability/leadership-and-accountability-policy/) - The Project is being undertaken in accordance with MPL’s corporate policies. MPL periodically reviews the scope and effectiveness of its policies. The policies are documented, maintained, implemented and communicated to MPL employees, contractors, suppliers and the public. MPL establishes, document, implement, maintain and continually improve an ESMS for the Gulpur Hydropower Project. Following Environment, Social, - [Environmental & Social Management system](https://www.mira-power.com/environment/environmental-social-management-system/) - To comply with the international environmental and social standards, the Environmental and Social Management System (ESMS) for the Gulpur Hydropower project has been designed in compliance with the requirements of applicable laws of land and project lenders including IFC, ADB, Korean Exim Bank and CDC/BII. ADB safeguard policies, IFC performance standards and other guidelines served - [History](https://www.mira-power.com/environment/history/) - 102 MW Gulpur Hydropower Project is a unique project in the history of Pakistan considering its Technical as well as Environmental Importance. The Project has been developed within the boundaries of the Poonch River Mahseer National Park which was notified by the Government of AJK in 2010. The SEA (Strategic Environmental Assessment) of rivers and - [Project Location](https://www.mira-power.com/our-project/project-location-2/) - The Project site is administratively located in Kotli district, Azad Jammu & Kashmir about 11 km south of Kotli Town on the Poonch River, a tributary of Jhelum River. The site is about 136 km from Islamabad and 298 Km from Lahore and is approachable directly from Islamabad and Lahore by a two-lane, all weather - [Project Description](https://www.mira-power.com/our-project/project-description/) - Mira Power Limited is a special purpose company and a subsidiary of Korea Energy (KOEN) setup to design, construct, own, operate and maintain 102 MW Gulpur hydropower plant under Government of Pakistan’s Policy for Power Generation Projects 2002 as adopted in Azad Jammu & Kashmir. The Gulpur hydropower plant has an installed capacity of 102 - [MPL Reports](https://www.mira-power.com/reports/) - [Vision](https://www.mira-power.com/about-us/vision/) - "Leading Company in Hydro Energy" - [O&M Operator](https://www.mira-power.com/project-participants/om-operator/) - Korea South East Power Co., Ltd was established on April 20, 2001 as an autonomous power company after having been spun off from KEPCO in a bid of the Korea Government’s organizational restructuring of the power industry. Currently, KEPCO owns 100% of KOEN’s ownership. - [Corporate Identity](https://www.mira-power.com/about-us/corporate-identity/) - The visual identity of MPL was adopted on February 6, 2013. The graphical elements are based upon the research and the project developed in one month by MPL Management Committee under leadership of its CEO and BRICOM, a renowned design agency based in Republic of Korea. To finalize the identity almost 15 designs were considered - [Shareholders](https://www.mira-power.com/about-us/shareholders/) - [Working Policy](https://www.mira-power.com/about-us/working-policy/) - "Success Together, Fun Together" - [Environmental Social Online Library](https://www.mira-power.com/environmental-social-online-library/) - [Jobs](https://www.mira-power.com/jobs/) - [Contact Us](https://www.mira-power.com/contact-us/) - Mezzanine Floor, 15-E Rehmat Centre, Jinnah Avenue, Blue Area, Islamabad - Pakistan Call Us: 0092-51-2100985-6 Fax: 0092-51-2114359 - [Documents & Data Management System](https://www.mira-power.com/documents/) - [FAQ33](https://www.mira-power.com/2389-2/) - test - [](https://www.mira-power.com/2386-2/) - [Environment](https://www.mira-power.com/environment/) - History Environmental Milestones Environmental & Social Management system Policies on Sustainability Leadership and Accountability Policy Environment Policy OHS Policy CSR Policy Security Policy Sustainability Process Sustainability Plans Biodiversity Action Plan Land Acquisition and Resettlement Plan Livelihood Restoration and CSR Plan Stakeholders Engagement Plan Sustainable Mining Plan Security Management Plan Construction E&S Management Plan Health and - [Trend Setting in Pakistan](https://www.mira-power.com/environment/sustainability-events/trend-setting-in-pakistan/) - [Sustainability Events](https://www.mira-power.com/environment/sustainability-events/) - # - [Sustainability Plans](https://www.mira-power.com/environment/sustainability-plans/) - Sustainability Plans Biodiversity Action Plan Land Acquisition and Resettlement Plan Livelihood Restoration and CSR Plan Stakeholders Engagement Plan Sustainable Mining Plan Security Management Plan Construction E&S Management Plan Health and Safety Plan - [Policies on Sustainability](https://www.mira-power.com/environment/policies-on-sustainability/) - Policies on Sustainability Leadership and Accountability Policy Environment Policy OHS Policy CSR Policy Security Policy - [Health and Safety Plan](https://www.mira-power.com/environment/sustainability-plans/health-and-safety-plan/) - Health and Safety Plan describes the actions necessary for the Project, the Company and the EPC Contractor to comply with all applicable Environmental and Social Requirements relating to occupational health and safety. This plan has been presented as part of CESMP. The plan includes: A description of potential health and safety hazards based upon the - [Construction E&S Management Plan](https://www.mira-power.com/environment/sustainability-plans/construction-es-management-plan/) - The Construction Environmental and Social Management Plan (CESMP) demonstrate the manner in which the project to comply with the requirements of the ESIA’s EMMP, other E&S Plans and Environmental and Social Requirements. The CESMP includes: Company’s ESHS policies, Environmental and Social Requirements; Details of the existing E&S Plans; Training plan; and A monitoring plan, including - [Security Management Plan](https://www.mira-power.com/environment/sustainability-plans/security-management-plan/) - Security Management Plan (SMP) describes the arrangement to be undertaken by the Company/Contractor to assure the security of the Project’s personnel and assets. This SMP defines procedures aligned with Prudent Industry Practices as those defined in the Performance Standards, be guided by the principles of proportionality and respect for human rights, avoidance and dispersion before - [Sustainable Mining Plan](https://www.mira-power.com/environment/sustainability-plans/sustainable-mining-plan/) - MPL under the BAP’s outstanding action is responsible to support AJK FWD by developing and sustainable and gravel mining plan for the entire stretch of Poonch River. Draft TORs for the same have submitted to lenders review and input. The plan will be developed though hiring a consultant once the TORs approved by the lenders. - [Stakeholders Engagement Plan](https://www.mira-power.com/environment/sustainability-plans/stakeholders-engagement-plan/) - Stakeholders Engagement Plan (SEP) is a document that consolidates all the actions currently described in various communication, social and land acquisition plans and procedures, that shall be the basis for building strong, constructive, and responsive relationships that are essential for the successful management of a project's environmental and social impacts. This plan assures that the - [Livelihood Restoration and CSR Plan](https://www.mira-power.com/environment/sustainability-plans/livelihood-restoration-and-csr-plan/) - The aims of the detailed Livelihood Restoration Plan are: To make sure that the livelihoods of the APs are restored to pre-project levels To do activities that will enable APs to enhance their livelihood portfolio To work out an implementable strategy and roll out schedule The DLRP is going to cater to the need of - [Land Acquisition and Resettlement Plan](https://www.mira-power.com/environment/sustainability-plans/land-acquisition-and-resettlement-plan/) - Land Acquisition and Resettlement Plan (LARP) for the Project dated November 2014 which has been prepared by the Company in accordance with the Environmental and Social Requirements of IFC and ADB. The Company will prepare a revised, supplementary, new or updated LARP upon any ex-post land acquisition. - [Biodiversity Action Plan](https://www.mira-power.com/environment/sustainability-plans/biodiversity-action-plan/) - Biodiversity Action Plan” or “BAP” means the plan developed along with Environmental and Social Impact Assessment dated 12 October 2014 setting out specific biodiversity conservation measures to be undertaken by the Company and GOAJK, to enable the Project to comply with ADB’s SPS requirements for biodiversity conservation and projects in the critical habitat as well - [Sustainability Process](https://www.mira-power.com/environment/sustainability-process/) - [Environmental Milestones](https://www.mira-power.com/environment/environmental-milestones/) - Key environmental and social milestones of the Project are as follows: 01 Agreement for Preparation and Development of ESIA & RAP 04/30/2013 02 Finalization of ESIA & RAP 03 Recognition of Project Location in National Park 05/03/2013 04 Agreement for Carrying out Studies of CHA & BAP 09/13/2013 05 Peer Review Meeting with ADB in - [Project Lenders](https://www.mira-power.com/project-participants/project-lenders/) - ADB is a multilateral development finance institution established in 1966 and is owned by 63 members, mostly from the region. Subject to completion of due diligence, ADB shall provide financing through the Private Sector Operations Department (PSOD). IFC is a member of the World Bank Group. IFC fosters sustainable economic growth in developing countries - [Power Purchaser](https://www.mira-power.com/project-participants/power-purchaser/) - National Transmission and Despatch Company (NTDC) is the Power Purchaser. NTDC has been designated by the Government of Pakistan as the “single buyer” entity responsible for purchasing power from GENCOS (generating companies) and selling on to the DISCOS (distributing companies) as part of the power sector de-bundling process and moving to the free market model. - [Owner's Engineer](https://www.mira-power.com/project-participants/owners-engineer/) - MWH is the top engineering consultancy in the world in the hydropower design and implementation. MWH is the Owner’s Engineer & Technical Advisor for the Project and will carry out the design review and construction monitoring. - [Local Community](https://www.mira-power.com/project-participants/local-community/) - Mira Power Limited considered Local Community as partner to the project. In view of sustainable development philosophy of Mira Power the company intends to work closely with the community to share the benefits of the project, to create the win win situation for all the stakeholders. The Project will be adequately considered and addressing the - [Government Entities](https://www.mira-power.com/project-participants/government-entities/) - Government of Pakistan The Government of Pakistan is represented by the Private Power & Infrastructure Board. PPIB was created in 1994 to facilitate participation of private sector in the power generation in Pakistan. PPIB provides a One-Window facility to private sector investors in matters concerning establishing power projects and related infrastructure. PPIB extends the concessions - [Lender's Advisors](https://www.mira-power.com/project-participants/lenders-advisors/) - Shearman & Sterling is Lenders’ English Legal Counsel and is the world renowned legal law firm out of USA and awarded as the “best project finance law firm” in Asia. Kabraji & Talibuddin is Lenders’ local Legal Counsel and is one of the most reputable Pakistan law firm. Mott MacDonald is Lender’s Technical Advisor - [Company Advisors](https://www.mira-power.com/project-participants/company-advisors/) - RIAA LAW is the top ranked law firm of Pakistan especially for the structuring power sector deals and are Company’s Legal Advisors for this Project. MWH is the top engineering consultancy in the world in the hydropower design and implementation. MWH is the Owner’s Engineer & Technical Advisor for the Project and will carry - [EPC Contractor](https://www.mira-power.com/project-participants/epc-contractor/) - Daelim Group is engaged in engineering & construction and petrochemical operations. Daelim consists of 13 affiliates together with organizations devoted educational and cultural pursuits. Our group’s activities span building & housing construction, civil engineering, industrial facilities, petrochemicals, information & communications, automobiles, education and cultural activities. As such, we are closely involved in the lives of - [Project Participants](https://www.mira-power.com/project-participants/) - Government Entities Project Financiers Power Purchaser EPC Contractor O&M Operator Owner’s Engineer Lenders Advisors Insurance Advisors Local Community - [Parent Company](https://www.mira-power.com/about-us/parent-company/) - KOEN(KOSEP) Co., Ltd. was established in 2001 being separated from the electricity generation department of KEPCO(Korea Electric Power Corporation). KOEN supplying the economical power stably to the consumers which is the driving force of the national industry development and essential energy for the cultural life of the people from the 6 power generation complexes including - [About Us](https://www.mira-power.com/about-us/) - Under Construction - [Latest News](https://www.mira-power.com/news/latest-news/) - [MPL Activities](https://www.mira-power.com/news/mpl-activities/) - [Contractual Structure](https://www.mira-power.com/our-project/contractual-structure/) - [GHPP Physical Model](https://www.mira-power.com/ghpp-physical-model/) - [Clean Development Mechanism](https://www.mira-power.com/sustainability/clean-development-mechanism/) - BACKGROUND The Clean Development Mechanism (CDM) was initiated under Kyoto Protocol of the United Nation Framework Convention on Climate Change (UNFCCC) in order to explore cost effective option to mitigate impacts of climate change. This puts obligations on governments and companies of industrialized countries (developed nations) to reduce their emission providing opportunity to reach their - [ESIA](https://www.mira-power.com/sustainability/esia/) - Mira Power Limited has developed the Environmental and Social Impact Assessment (ESIA) for Gulpur Hydropower Project. The draft was submitted to ADB & IFC respectively. The ADB & IFC has uploaded the same for public disclosure at their respective websites. ADB link: http://www.adb.org/projects/documents/gulpur-hydropower-project-esia IFC link: http://www.ifc.org/wps/wcm/connect/corp_ext_content/ifc_external_corporate_site/ifc+projects+database/projects/disclosed+projects/gulpur+hydro_early+disclosure - [Downloads](https://www.mira-power.com/downloads/) - [Environmental Management](https://www.mira-power.com/sustainability/environmental-management/) - Environmental management aims at providing safeguards for and enhancement of social, environmental and economic quality parameters. MPL is in process of developing an Environmental Management and Monitoring Plan which will help proponent to address the adverse environmental impact of the project, enhance project benefits and introduce standards of good environmental practice. The primary objectives areto: Define the responsibilities of project proponents, contractors and other role players, and effectively communicate environmental issues among them. Facilitate the implementation of the mitigation measures identified in the EIA by providing the details of each project impact. Define a monitoring mechanism and identify monitoring parameters to ensure that all mitigation measures are completely and effectively implemented. The key players in the implementation of the plan are Mira Power Limited (MP), Construction Contractor - [Videos](https://www.mira-power.com/news/videos/) - World Best Korea - Yuna Kim After a two-year break, South Korean figure skater Kim Yu-na returned to the rink over the weekend, claiming the women’s title at the 2013 World Figure Skating Championships in Canada. Her win lit up the blogosphere in South Korea, with many praising “Queen Yuna,” as she is known. Mira - [MPL Activities Gallery](https://www.mira-power.com/news/mpl-activities/mpl-activities-gallery/) - [News](https://www.mira-power.com/news/) - [Events](https://www.mira-power.com/events/) - [Sitemap](https://www.mira-power.com/sitemap/) - [Write to us](https://www.mira-power.com/contact-us/write-to-us/) - [Our Project](https://www.mira-power.com/our-project/) - Project Description Project Location Salient Technical Features Hydrology & Energy Environment Impact Contractual Structure Project Timeline - [Corporate Social Responsibility](https://www.mira-power.com/sustainability/corporate-social-responsibility/) - Under Construction - [Developmental Impact](https://www.mira-power.com/sustainability/developmental-impact/) - The project conforms with GoP Policy and objectives to reduce dependence on exhaustible fossil fuels for power generation and make energy sector more sustainable. Economic growth through sustainable and cheap electricity and bridging energy shortfall through improved energy mix. Tremendous creation of indirect economic activities through creation of business opportunities to local contractors. Creation of - [Environment Impact](https://www.mira-power.com/our-project/environment-impact/) - An Environmental Impact Assessment (“EIA”) of the Project was carried out by Mira Power Limited. Both primary and secondary sources were explored to gather information regarding various environmental and social parameters of the Project. As a first step a reconnaissance visit to the Project area was made to familiarize with the environmental and social setting - [Sustainability](https://www.mira-power.com/sustainability/) - Under Construction ## Fusion Sliders - [homepage2](https://www.mira-power.com/slide/homepage2/) - [homepage](https://www.mira-power.com/slide/homepage/) ## Elastic Sliders - [1](https://www.mira-power.com/elastic-slide/1/) ## Categories - [News](https://www.mira-power.com/category/news/) - [MPL Activities](https://www.mira-power.com/category/mpl/)