Hubco Archives | The Biz Update

Youth Excellence Awards 2024: Celebrating the Power of Youth Leadership in Pakistan

The Biz Update2 weeks ago2 weeks ago04 mins

KARACHI, December 10th 2024: In a momentous celebration of social change and youth empowerment, an award-winning not-for-profit organization, Youth Impact, hosted its inaugural Youth Excellence Awards in Karachi. The prestigious ceremony recognized individuals and organizations leading the charge in empowering youth, fostering growth, and strengthening communities across Pakistan. The awards highlighted efforts that promote innovation…

Business

Hubco Sukuk and Growth Plan

The Biz Update4 years ago1 year ago03 mins

Karachi, October 19, 2020: The Hub Power Company Limited through its wholly owned subsidiary, Hub Power Holdings Limited, is in the process of finalising issuance of an Islamic Shariah compliant sukuk. This represents Hubco’s keen interest in promoting and supporting the Islamic financing options and the local financial industry. This proposed sukuk in the sum…

Business

HUBCO 330MW ThalNova Power Thar Private Limited achieves financial close

The Biz Update4 years ago1 year ago03 mins

Karachi, October 01, 2020: 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 (PPIB) in…

Business

Hubco declares COD for its Chinese joint venture CPHGC

The Biz Update5 years ago1 year ago04 mins

Karachi, August 18, 2019: China Power Hub Generation Company (CPHGC) – a joint venture between The Hub Power Company Ltd. (HUBCO) and China Power International Holding – has successfully declared the Commercial Operations Date (COD) of its 1320mega watt imported coal power plant and integrated jetty with coal transshipment capacity of 4.2 MTPA. Developed in record…

Business

Hubco issues one of the largest Right Shares in Pakistan Stock Exchange

The Biz Update5 years ago1 year ago03 mins

Funds will be utilized to increase the company’s shareholding in China Power Hub Generation Company (CPHGC) from 26 percent to 47.5 percent”. The power generation capacity of the Company will enhance to over 3580MW after completion of all its power projects. Karachi, July 04, 2018: The largest independent power producer of Pakistan, The Hub Power Company…