Fueling Lives
Through Energy
Pakistan's Leading and Largest power producer;
with a combined power generation capacity of 3581 MW.
The First & Largest Power Producer
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 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.
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.
Our
Vision
Fueling lives through energy.
Our
Mission
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.
Core
Values
– Passion – Ownership – Winning – Enjoyment – Renewal
Group Structure
M. Habibullah Khan
Chairman
Mr. Kamran Kamal
Chief Executive Officer
Mr. Aly Khan
Director
Ms. Aleeya Khan
Director
Mr. Saad Iqbal
Director
Mr. Manzoor Ahmed
Director
Mr. Shafiuddin Ghani Khan
Director
Ms. Senator Samina Mumtaz Zehri
Director
Director
Mr. Kamran Kamal
Cheif Executive Officer
Muhammad Saqib
Chief Financial Officer
Faiza Kapadia Raffay
Company Secretary & Head of Legal
Amjad Raja
CEO Thar Energy Limited & ThalNova
Fayyaz Ahmad Bhatti
VP Strategic & Regulatory Affairs
Mohamamd Kaleem Khan
Head of HR and CSR
Saleemullah Memon
CEO Thar Energy Limited & ThalNova
Corporate Excellence Award By MAP
HUBCO has been winning the Corporate Excellence Award conferred by Management Association of Pakistan (MAP) since last 4 consecutive years as the Top Company in the Power Generation and Distribution Sector.
The award recognizes and honors the HUBCO’s outstanding performance and enlightened management practices. Every year around 200 public and private companies contest the award and are assessed on their management practices, operations, policies and best practices in the areas of Corporate Governance, Strategic Planning, Human Resource Management, Information Technology and Communication.
Thar Energy Limited Showcased At Asset Asian Award 2019
During the year, our Thar Energy Limited project has been showcased as Power Deal of the Year at Asset Asian Award 2019 where HBL, one of the main financier of the project, received the award for its financing in the Thar Energy Limited project. The Asset awards are Asia’s preeminent recognition for those that have excelled in their respective industries.
Laraib Energy Limited Featured At World Hydro Power Congress
The World Hydropower Congress brings together industry, government, finance, civil society, and academia to set priorities for the future of the sector. Our hydro project in Azad Jammu and Kashmir and the first hydro-IPP of Pakistan, Laraib Energy Limited (LEL), was selected as a case-study for the preparation of Guidance Notes by World Bank and presented at the 7th World Hydropower Congress held recently in Paris. The theme for this year’s World Congress was ‘The Power of Water in a Sustainable, Interconnected World’.
The Company’s Head office has received the Green Office Certification by WWF – Pakistan. The WWF Green Office is a practical environmental management system for offices which helps to reduce the ecological footprint and greenhouse gas emissions of offices.
Other Awards & Recognition
First private sector infrastructure project in Pakistan.
First lending in Pakistan by 15 onshore and 43 offshore banks.
First stock market floatation of a single power station under construction (US $ 380 m).
First multi co-finance private sector infrastructure project-9 co-financiers.
First COFACE, JEXIM, MITI and SACE supported limited recourse financing of an infrastructure project.
First mark up based limited recourse infrastructure project financing.
First mark up based finance to rank pari passu with interest based finance.
First use of the ECO programme to support a private sector project.
First private infrastructure project to be financed by the World Bank.
First Political Risk Guarantee under ECO Program.
The Banker Company Awards 2003.
Hub station has achieved ISO ISO 9000, OHSAS 18001 and ISO 14001 certifications.
Karachi Stock Exchange Top Companies Award for the years 2002, 2003, and 2010.
Two CSR awards at the 14th Annual Corporate Social Responsibility Awards 2022 organized by National Forum for Environment and Health(NFEH), under the respective categories of “Education and Scholarship” and “Health Initiatives”.
Best Presented Annual Report Award 2020 in the Power & Energy category by SAFA, one of the highest-ranking accounting bodies in the South Asian Association for Regional Cooperation (SAARC).
Fire Safety Award 2021 by National Forum of Environment & health (NFEH) and Fire Protection Association of Pakistan (FPAP)
