HUBCO 330MW ThalNova Power Thar Private Limited achieves financial close

Karachi: The Government of Pakistan has notified the achievement of Financial Closing by ThalNova Power Thar Private Limited (TNPTL), an associated company of Pakistan’s largest Independent Power Producer, The Hub Power Company Limited (Hubco) at a ceremony chaired by Mr. Shah Jahan Mirza, Managing Director Private Power & Infrastructure Board… Continue reading

HUBCO 330MW Thar Energy Limited reaches financial close

Karachi: The Government of Pakistan has notified the achievement of Financial Closing by Thar Energy Limited (TEL), a subsidiary of Pakistan’s largest Independent Power Producer, The Hub Power Company Limited (Hubco) [at a ceremony chaired by Federal Minister for Energy, Mr. Umar Ayub Khan in Islamabad]. Hubco incorporated TEL to… Continue reading

SECMC Achieves Financial Close of Phase II of Mining and Power Projects in Thar Block-2

Karachi: The Sindh Engro Coal Mining Company (SECMC) has achieved a historic milestone by completing the financial close of Phase II of Mining and Power Projects in Thar Block II. SECMC is a joint venture company with the Govern­ment of Sindh, Engro Power­gen, Thal Limited (House of Habib), Hub Power… Continue reading

Hubco wins Top 25 Companies Award from PSX

Karachi: The largest independent power producer of Pakistan, The Hub Power Company Limited has won the Top 25 Companies Award. The prestigious award conferred by Pakistan Stock Exchange, entering its fortieth year, is awarded to companies for demonstrating outstanding financial and managerial performance. “With an aggressive growth plan and a… Continue reading

GE, CPGHC & HUBCO achieve key milestones to power Pakistan

KARACHI: China Power Hub Generation Company (Pvt.) Limited (CPHGC), HUBCO, and GE’s Steam Power business announced the completion of critical milestones at the CPHGC and Hub Power Plants located in district Lasbela, province Balochistan, Pakistan. GE delivered the first steam turbine for the 1,320 MW CPHGC power plant and helped… Continue reading

HUBCO posts 15.28pc decline in profits

KARACHI: Hub Power Company Limited (HUBCO) has announced a net profit of Rs2.55 billion for the quarter ended December 31, 2018, which is 15.28 percent lower than the profit of Rs3.012 billion recorded in the corresponding period last year. The earnings per share (EPS) for the period under review clocked… Continue reading

Hubco holds free Eye Camp in Uthal, Lasbella District

Karach: The Hub Power Company Limited has collaborated with Al Baseer Hospital to hold free Eye Camp for the residents of Uthal, Lasbella District. The camp set up at District Headquarter Hospital carried over a thousand check-ups, eighty-nine surgeries along with distribution of free medicines and eye-glasses. Hubco being the… Continue reading