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HUBCO

Narowal Energy Limited

HUBCO is the only IPP to go into expansion and has set up a 225 MW power plant at Mouza Poong, Narowal, Punjab. Spread over 62 acres of land, located 150 km northeast of Lahore, the Narowal Power Plant was constructed in 2010. It is also an RFO-fired, engine based, combined cycle power station.

The plant comprises of 11 generating sets based on MAN 18v48/60 engine, 11 Alborg Heat Recovery Steam Generators and one air cooled condensing Steam Turbine from Dresser Rand. The engines are four-stroke, medium speed, turbo charged and charge air cooled. Each engine has a generating capacity of 18.428 MWe while the designed output of the steam turbine is 16.45 MWe. These engines are capable of operating as base load plant on RFO. Generation capacity of these engines and steam turbo generator, at ISO conditions, is 225 MWe Nett with an average efficiency of 45% in combined cycle mode.

Vision


Fueling lives through energy.

Vision & 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


0095984

Date of registration


November 03, 2015

National Tax Number


7282966-4

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

Muhammad Kamran Kamal
Muhammad Kamran Kamal
Chairman and 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.

Aly Khan
Aly Khan
Director

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.

Amjad Ali Raja
Amjad Ali Raja
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.

Jawwad Ahmed Shakir
Jawwad Ahmed Shakir
Director

Jawwad is an accomplished financial professional with over 17 years of experience, both in Pakistan and abroad. His professional journey has been marked by a wealth of financial expertise gained through diverse roles across various organizations and locations. He began as an Audit Trainee at PwC Pakistan and subsequently worked in Risk Advisory Services at PwC.

His journey with the Company began in 2007, where he held key roles in Joint Venture Accounting, Accounts Payable and Tax eventually assuming the role of heading Accounting function.

He was also sent on an International Assignment to Mozambique where he served for almost 7 years as Chief Accountant.

Jawwad currently serves as the head of Finance & Control at Prime Global Energies.

By qualification, he is a Chartered Accountant and holds membership in The Institute of Chartered Accountants of Pakistan (ICAP).

Shareholding Pattern

Auditor name


A.F. Ferguson and CO.

Legal Advisor Name


Kabraji & Talibuddin Advocates & Legal Counsellors

Investor complaint form / contact details


Muhammad Usman Shahid, Assistant Manager – Corporate Governance
Contact No: +92 21 3587 4677-86, +92 21 3583 9018 Ext:474
Email: usman.shahid@hubpower.com