Share acquisition: Thal Limited to commence talks with SECMC stakeholders Thal Limited (THALL) has decided to engage in discussions with the Pakistani shareholders of Sindh Engro Coal Mining... Updated 25 Apr, 2024 09:47pm
Markets Pakistan’s biggest private utility Hubco forecasts power demand will fall in 2024 KARACHI: Pakistan’s largest private utility Hub Power Co Ltd (Hubco) expects power consumption in the country to... Published 05 Mar, 2024 05:32pm
Print Rs30.8bn ‘recovery’ from Hubco: PSO seeks PD’s intervention ISLAMABAD: Pakistan State Oil (PSO) has sought Power Division’s intervention for recovery of Rs 30.8 billion from... Updated 01 Mar, 2024 09:46am
BR Research HUBC - earnings continue to rise The Hub Power Company Limited (PSX: HUBC) has been benefitting from its diversification beyond the base plant and... Published 20 Feb, 2024 08:43am
Business & Finance Hubco to acquire another 9.5pc stake in SECMC KARACHI: The Hub Power Company Limited has entered into a definitive agreement to acquire additional 9.5 percent... Published 17 Feb, 2024 05:51am
Markets HUBCO’s earnings up 17% in 2QFY24 Hub Power Company Limited (HUBCO), Pakistan’s largest Independent Power Producer (IPP), saw its profit increase by... Updated 14 Feb, 2024 06:11pm
Print KE seeks PD’s support for early approval of Indicative Generation Plan ISLAMABAD: K-Electric has sought Power Division’s support for early approval of its Indicative Generation Plan... Updated 11 Feb, 2024 02:08pm
Print KE, Hubco ink MoU to explore off-take of electricity KARACHI: CEO K-Electric (KE) Moonis Abdullah Alvi and CEO The Hub Power Company Limited (Hubco) Kamran Kamal signed... Updated 24 Jan, 2024 08:38am
Print Engro Coal shares acquisition: BoD authorises Hubco to execute definitive pacts KARACHI: The Board of Directors of Hub Power Company (Hubco) has authorized the company to enter into negotiations... Published 17 Jan, 2024 06:02am
Business & Finance Proposed acquisition: HUBCO board authorises negotiations with SECMC Hub Power Company Limited (HUBCO) announced on Tuesday that its board has authorised it to enter negotiations and... Updated 16 Jan, 2024 10:54pm
Print Power producers: CPPA-G makes payments prior to year end The Authority has made payments of Rs 205 billion to different power producers including government-owned power plants Updated 31 Dec, 2023 07:08pm
Print Hubco asks CPPA-G to pay Rs13.4bn dues ISLAMABAD: M/s Hub Power Company (Hubo) has demanded Central Power Purchasing Agency –Guaranteed (CPPA-G) to pay Rs... Updated 16 Dec, 2023 09:14am
Markets Thar Coal Block II: 1035 households given solar power KARACHI: The Thar Foundation recently inaugurated Village Electrification Project (VEP) to illuminate households in... Published 02 Nov, 2023 03:16am
Markets HUBCO’s profit soars 93% in 1QFY24 Hub Power Company Limited (HUBCO), Pakistan’s largest Independent Power Producer (IPP), saw its profit jump by over... Published 25 Oct, 2023 03:55pm
BR Research HUBC – earnings soar Hub Power Company Limited (PSX: HUBC) announced a massive increase in consolidated earnings with highest ever profit... Published 15 Sep, 2023 08:56am
Markets HUBCO’s earnings up 110% in FY23 Hub Power Company Limited (HUBCO), Pakistan’s largest Independent Power Producer (IPP), saw its profit jump by... Updated 12 Sep, 2023 06:41pm
Print O&M costs: CPPA-G accused of taking ‘unlawful’ actions against LEL ISLAMABAD: M/s Hub Power Company (Hubco) has accused Central Power Purchasing Agency- Guaranteed (CPPA-G) of taking... Updated 17 Jul, 2023 09:10am
Opinion Power plant retirement policy There are plans to retire 19 power plants of an aggregate capacity of 7339 MW as per IGCEP (Integrated Generation... Published 26 Jun, 2023 06:38am
Print Transportation of HSD: APL proposes to repurpose its Hub-ZOT pipeline ISLAMABAD: Asia Petroleum Limited (APL) has proposed repurposing its pipeline to transport High Speed Diesel (HSD)... Updated 29 May, 2023 09:03am
Markets LNG financial relief: PSO seeks amendments to taxation laws, Rs628bn allocation ISLAMABAD: Pakistan State Oil (PSO) has sought amendments to taxation laws about LNG financial relief and allocation... Published 26 May, 2023 06:48am
Print Import of spare-parts: Hubco concerned at forex ‘unavailability’ The power company faces severe challenges in importing spare parts due to which it is restrained from undertaking timely maintenance to ensure capacity Updated 18 Apr, 2023 09:05am
Business & Finance Hubco: PSO’s receivables exceed Rs25.33bn ISLAMABAD: Pakistan State Oil’s receivables against Hub Power Company (Hubco) have piled up to over Rs25.33... Published 15 Apr, 2023 06:19am
Print PSO receivables reach Rs734bn ISLAMABAD: The receivables of Pakistan State Oil (PSO) have reached Rs 734 billion including Rs 163 billion late... Updated 18 Feb, 2023 08:53am
Markets Thar coal-based 330 MW power plant achieves COD The collective power generation capacity of HUBCO and its group companies has increased to 3,581 MW Published 17 Feb, 2023 11:23am
Print Premature termination of PPA of Hubco power plant recommended ISLAMABAD: A panel comprising officials from Power Division and its attached Organisations has recommended premature... Updated 27 Jan, 2023 09:03am
Print Protection of Economic Reforms Act: MoF asks Power Div to satisfy Chinese lenders ISLAMABAD: Ministry of Finance (MoF) has asked Power Division to expedite measures to satisfy Chinese lenders on the... Updated 23 Jan, 2023 09:22am
Markets 330MW ThalNova project synchronized with the national grid KARACHI: The Hubco’s 330 MW ThalNova Power Thar has been successfully synchronized with the National Grid lifting... Published 31 Dec, 2022 07:56am
Markets Prime International acquires Eni’s business in Pakistan: Hubco Company says Hub Power Company will further develop indigenous fuel sources, which will help reduce country’s reliance on imports Updated 30 Dec, 2022 08:20pm
Markets Hubco-CPHGC: encashment notice withdrawn, standby LC extended China Power Hub Generation Company (CPHGC) has withdrawn the encashment notice dated November 23 of a Standby Letter... Updated 23 Dec, 2022 03:55pm
Print Encashment of SBLC: Resolve Hubco-CPHGC dispute, PM asks authorities concerned ISLAMABAD: Prime Minister Shehbaz Sharif has directed the concerned authorities to resolve a dispute between Hub... Updated 01 Dec, 2022 11:17am
Behind the screens: SECP probe into State Life’s equity investment process opens Pandora’s box at PSX?