Gulpur Hydropower Project is a run-of-the-river project designed for the generation of 100 Mega Watts (130,000 hp) consisting of two Francis-type turbine units with average energy output of 436 Gwh. Gulpur Hydro Power Project is a part of least-cost energy generation plan, being executed by WAPDA to harness the indigenous hydro power resources of the country. WAPDA awarded the contract to MIRA Power Limited, a subsidiary of Korean company KOSEP, an independent power producer (IPP) being developed in private sector on BOOT basis (Build, Own, Operate and Transfer) under Government of Pakistan Policy for Power Generation Projects 2002 as adopted in Azad Jammu & Kashmir. The project has the capability of generating an average annual energy of 465 GWh.
