Thar Energy Limited
The Thar Energy Limited Power Plant (TEL) is a 330 MW mine-mouth lignite-fired power plant at Thar Coal Block II Sindh and is a part of the China Pakistan Economic Corridor (CPEC). The Project is a joint venture among Hub Power Company Limited (HUBCO), Fauji Fertilizer Company Limited (FFC), and China Machinery Engineering Corporation (CMEC), which is also the EPC contractor. The foreign financing for the Project was arranged from a Chinese syndicate, led by China Development Bank whereas the local financing has been arranged via a syndicate led by Habib Bank Limited.
The project started construction in May 2018 from sponsor’s equity to ensure timely Commercial Operation Date (COD) and begin utilizing the local resource of Thar coal as soon as possible. The Financial close of the Project was achieved in January 2020. The Project has successfully achieved its commercial operations date on 1st of October 2022.
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
0099674
Date of registration
May 17, 2016
National Tax Number
7247408-5
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
1. Muhammad Kamran Kamal - Chairman
2. Amjad Ali Raja - Chief Executive Officer
3. Aly Khan - Director
4. Muhammad Saqib - Director
5. Syed Atif Ali - Director
6. Jahangir Piracha - Director
7. Zhao Wenke - Director
Shareholding Pattern
Hi, this is a comment.
To get started with moderating, editing, and deleting comments, please visit the Comments screen in the dashboard.
Commenter avatars come from Gravatar.