Hub Power Company
Electric power company in Pakistan / From Wikipedia, the free encyclopedia
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The Hub Power Company Limited, (Urdu: حب پاور) colloquially known as Hubco, is a Pakistani power company based in Karachi, Sindh. It was the first independent power producer (IPP) to establish in Pakistan and as of 2024 is the largest IPP with a combined installed power generation capacity of 3,581 MW.[2] The revenue of the company is United States Dollars denominated.[3]
Quick Facts Company type, Traded as ...
Company type | Public |
---|---|
PSX: HUBC | |
Industry | Electricity generation |
Founded | 1991; 33 years ago (1991) |
Headquarters | , Pakistan |
Area served | Pakistan |
Key people | |
Revenue | Rs. 114.26 billion (US$400 million) (2023) |
Rs. 55.425 billion (US$190 million) (2023) | |
Rs. 57.554 billion (US$200 million) (2023) | |
Total assets | Rs. 405.56 billion (US$1.4 billion) (2023) |
Total equity | Rs. 158.036 billion (US$550 million) (2023) |
Owner | Mega Conglomerate (19.50%) |
Number of employees | 809 (2023) |
Subsidiaries | Hub Power Services Limited Narowal Energy Limited Laraib Energy Limited (74.95%) Thar Energy Limited (60%) Prime International Oil & Gas Company Limited (50%) China Power Hub Operating Company Limited (49%) China Power Hub Generation Company Limited (47.5%) ThalNova Power (38.3%) |
Website | hubpower |
Footnotes / references Financials As of 30 June 2023[update] [1] |
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Hubco is listed on the Pakistan Stock Exchange.[4][5]