Hub Power Services Limited (HPSL)
The Hub Power Services Limited (HPSL) is HUBCO’s wholly owned subsidiary, actively engaged in the business of Operations & Maintenance Power Plants in Pakistan. HPSL’s expertise spans across five different technologies of power generation i.e. Coal, RFO, and Hydel. HUBCO is the only Pakistani company with the technical expertise to manage the O&M of lignite fired power plants.
Vision
Fueling lives through energy.
Vision and Mission
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.
Company Registration Number
0092641
Date of registration
March 26, 2015
National Tax Number
4417420-9
Registered office address
9th Floor, Ocean Tower, G-3, Block 9, Main Clifton Road, Karachi
Head office address
9th Floor, Ocean Tower, G-3, Block 9, Main Clifton Road, Karachi
Branch office addresses
9th Floor, Ocean Tower, G-3, Block 9, Main Clifton Road, Karachi
Valid email address
secretarial@hubpower.com
Board of Directors
Chairman
Mr. Aly Khan holds a Master of Sciences from Boston College and a Bachelor of Sciences from Northeastern University.
Over the course of the last decade, he has cultivated his professional career working in London, Singapore and New York for various global institutions including Citi Group and Yang Ming Marine Transport Corporation in several management and training capacities.
In Pakistan, Mr. Khan has extended valuable contributions to multiple ventures through key management roles including spearheading the construction and operation of Pakistan’s first commercial L.E.E.D. Certified Building, setting up a state-of-the-art 10,000 ton per day cement plant, and growing one of the country’s largest dairy businesses’ sales to 600,000 liters per day.
He is the Chairman of Haleeb Foods Limited, CEO of Mega Motor Company and a Director of Qasim International Container Terminal. He is also an SECP certified director in corporate governance.
Chief Executive Officer
Mr. Kamran Kamal is the Chief Executive Officer of The Hub Power Company Limited (HUBCO), Pakistan’s largest listed energy platform. Since assuming the role in 2021, he has led HUBCO’s transition from the country’s largest Independent Power Producer into a diversified energy and infrastructure group with interests spanning power generation, oil and gas, mining, electric mobility and green infrastructure.
Under his leadership, HUBCO has pursued growth across adjacent sectors while advancing initiatives that support Pakistan’s evolving energy and mobility landscape, including new energy vehicles (NEV), green mobility infrastructure, a BYD automotive plant and a nationwide NEV charging network. His leadership reflects a focus on strategic diversification, long-term value creation and sustainable solutions for Pakistan’s energy future.
Mr. Kamal has extensive experience in energy technology, policy, market reform, large-scale infrastructure development and business strategy. Before becoming CEO of HUBCO, he led Laraib Energy Limited, Pakistan’s first hydel Independent Power Producer, and held senior leadership roles at China Power Hub Generation Company and Engro. His career includes work on major projects across coal mining, power generation, LNG infrastructure, agricultural & energy commodity trading and fuel supply chains.
Mr. Kamal holds a Master’s in Public Policy from Harvard University and a Bachelor’s degree in Electrical and Computer Engineering from the Georgia Institute of Technology. Mr. Kamal also serves on the Boards of K-Electric Limited, Sindh Engro Coal Mining Company Limited, China Power Hub Generation Company (Private) Limited and Prime Global Energies Limited.
Director
Muhammad Saqib is the Chief Financial Officer (CFO) of The Hub Power Company Limited. Mr. Saqib has over 25 years of experience, where he has performed in many key leadership roles in Finance and Strategy. Prior to HUBCO, he was CFO for Engro Vopak Terminal Limited and Engro Elengy Terminal Limited. In one of his previous roles, as CFO for Engro Energy Limited and Sindh Engro Coal Mining Company, he developed various energy projects overseeing feasibility studies and worked closely with diverse stakeholders for finalization of complex Joint venture and shareholding agreements with Chinese investors, Government of Sindh, large local groups related to Thar coal mining and power projects. He headed finance function for Thar coal mining and power project and arranged USD 1.5 bn foreign and local currency under CPEC umbrella.
Mr. Saqib is a Chartered Financial Analyst and holds an Master’s degree in Business Administration from Institute of Business Administration (IBA).
Director
Mr. Amjad Ali Raja is a Chartered Engineer and a seasoned power sector executive with over 21 years of leadership experience across the marine and power generation industries. He holds a B.Sc. in Maritime Studies from the Pakistan Marine Academy, a Marine Chief Engineer Certificate of Competency from England, and an MBA in Banking & Finance. He is a registered Chartered Engineer with the UK Engineering Council and a member of the Institute of Marine Engineering, Science & Technology (IMarEST).
Mr. Amjad joined The Hub Power Company Limited (HUBCO) in 2013 and has held several senior leadership positions, including Plant Manager and Vice President – Operations, before being appointed Chief Executive Officer of Thar Energy Limited (TEL) and ThalNova Power Thar (Private) Limited in July 2024. Throughout his career, he has successfully led the development, commissioning, operations, and maintenance of thermal, combined cycle, hydro, and coal-fired power generation facilities, delivering operational excellence, enhanced reliability, and sustainable business performance.
In addition to his executive responsibilities, Mr. Raja serves as a Director of Thar Energy Limited, Narowal Energy Limited, China Power Hub Operating Company Limited, Thar Foundation, and Hub Power Services Limited. Through these governance roles, he contributes to strategic oversight, sound corporate governance, and the long-term growth and sustainability of the organizations.
As Chief Executive Officer, Mr. Raja is committed to fostering a high-performance culture built on operational excellence, innovation, integrity, and the highest standards of health, safety, and environmental (HSE) stewardship. Under his leadership, Thar Energy Limited continues to strengthen its position as a reliable and responsible power producer, supporting Pakistan's long-term energy security through efficient, sustainable, and dependable power generation.
Shareholding Pattern
