Vancouver, British Columbia, July 23, 2009: Ona Power Corp. (CNSX: OPO / Frankfurt: O3X) The Company is pleased to announce that Mr. Abdul Nurmohamed was appointed a Director and Mr. Steven Kwok was appointed as Chief Financial Officer effective immediately.
Mr. Nurmohamed’s experience include direct and major contribution and responsibility to develop, build, own, and operate a US$2.5 Billion (first IPP in Indonesia) power station from inception to operation. He worked closely with shareholders, Lenders, Lender’s Engineer, government ministries and PLN (state owned utility), restructured the same project due to the 1998 currency crisis in Indonesia. He was responsible for the management of O & M contractor as well as working closely with the client (PLN) on all operational matters.
As Regional Director for Central Asia (Tajikistan, Afghanistan, Pakistan, Kyrgyzstan ) for the Aga Khan Fund for Economic Development, he directed and successfully completed the construction and rehabilitation of an integrated utility (Power Generation, Transmission and Distribution) in Tajikistan. This was the first Public Private Partnership project in Tajikistan. Mr. Nurmohamed directed initial development of 100 MW Sanobod hydro project in Tajikistan in close coordination with the World Bank and IFC.
He brings diversified experience in project development, management, planning, design, construction, and operation of power stations and water projects in various countries.
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