The Hub Power Company Limited (HUBCO) is the first and largest Independent Power Producer (IPP) in the country with a combined installed power generation capacity of 3,581 MW. Our Hub Plant, situated at Mouza Kund, Hub in Balochistan, is one of the most efficient RFO fired thermal power plant in Pakistan, which supplies reliable and uninterrupted electricity to the national grid. Our Narowal Plant is also an RFO-fired, engine based, combined cycle power station, located at Mouza Poong, Narowal in Punjab. HUBCO also holds 75% controlling interest in Laraib Energy Limited, which is a run-of-the-river hydel power plant near the New Bong Escape, 8 km downstream of Mangla Dam in Azad Jammu and Kashmir. Our joint-venture with China Power International Holdings (CPIH), a 1320MW imported coal-based power plant, China Power Hub Generation Company Limited (CPHGC) with its integrated coal jetty, has started its commercial operations providing affordable and uninterrupted energy to over 4 million households.
HUBCO has established two wholly owned subsidiaries for its future growth initiatives, The Hub Power Services Limited (HPSL) & Hub Power Holdings Limited (HPHL). HPHL has been incorporated to invest in the future growth projects. Whereas HPSL manages O&M of HUBCO’s existing power assets, including the indigenous coal-based growth projects. In addition to this, HPSL is also exploring other onshore and offshore business opportunities.
HPSL is currently operating the Hub, Narowal, Laraib and Thar Energy Limited Plants. The Company’s wholly owned subsidiary, Narowal Energy Limited (NEL), owns the 225MW Narowal Power Plant.
HUBCO has established Thar Energy Limited (TEL), to set up a 330MW mine-mouth lignite-fired power Plant at Thar Coal Block II Sindh. The Company has signed a Shareholders’ agreement with Fauji Fertilizer Company Limited (FFCL) and CMEC TEL Power Investments Limited (CMEC Dubai) for equity investment of 30% and 10% respectively in the Project, while HUBCO holds 60% shares of TEL. The Company has acquired majority shares in 330MW ThalNova Power Thar Pvt. Ltd (TNPTL) mine-mouth lignitefired power plant which is a similar project like TEL and provides huge opportunities for synergy.
HUBCO also holds 8% shareholding in Sindh Engro Coal Mining Company Limited (SECMC), a joint venture between the Company, Engro, Thal Limited, HBL, CMEC and Government of Sindh, which has developed a coal mine at Thar which has the seventh largest reserves of coal in the World. SECMC achieved Commercial Operations for Phase II on October 1st, 2022 doubling its coal mining capacity from 3.8 MTPA to 7.6 MTPA for supplying fuel to Hubco’s Thar Energy Limited and ThalNova projects.
Fueling lives through energy.
To be a growth-oriented company recognized for international standards in safety and environment in providing reliable and affordable energy; serving the country, its stakeholders and local community as a responsible corporate citizen
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Investor complaints / Investor relations
Muhammad Yasir, Senior Officer – Corporate Governance
Contact No: +92 21 3587 4677-86, +92 21 3583 9018 Ext:473
Email: M.Yasir@hubpowercom
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Site Last Updated on 22 Jun 2023
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