CPHGC serves notice to Hubco for encashment of $150mn Standby LC The China Power Hub Generation Company Limited (CPHGC) served a notice to HUB Power Company Limited (Hubco) for the... Updated 23 Nov, 2022 08:07pm
Markets Prime International set to acquire Eni’s business in Pakistan PSX notice sent by HUBCO says completion of the transaction could potentially reduce the country’s dependence on imported oil and gas Published 17 Nov, 2022 04:09pm
Markets HUBCO to invest additional $1mn in Thar Energy Limited TEL is a joint venture between HUBCO, Fauji Fertilizer Company Limited and China Machinery Engineering Corporation Updated 06 Oct, 2022 11:15pm
Markets Thar Energy Limited's 330MW plant to commence operations from Oct 1 Thar Energy Limited (TEL), a joint venture between Hub Power Company Limited (HUBCO), Fauji Fertilizer Company... Published 30 Sep, 2022 03:45pm
BR Research HUBC – earnings slip HUB Power Company Limited (PSX: HUBC) announced its financial performance for FY22 recently with a slight dip in... Published 30 Aug, 2022 08:38am
Pakistan PCE dispute with CPPA-G: Hubco approaches Power Div secy ISLAMABAD: Hub Power Company (Hubco) has approached Secretary Power Division, Rashid Langrial, for support for... Published 30 Aug, 2022 06:45am
Business & Finance Hubco asks CPPA-G to resolve payment ‘disparity’ issue ISLAMABAD: The bitterness between M/s Hubco Power Company (Hubco) and Central Power Purchasing Agency- Guaranteed... Updated 27 Aug, 2022 09:52am
Print ‘Fairness’ of payments: CPPA-G, Hubco lock horns ISLAMABAD: Central Power Purchasing Agency- Guaranteed (CPPA-G) and M/s Hub Power Company (Hubco) have reportedly... Updated 26 Aug, 2022 09:44am
Business & Finance Overdue receivables’ payment: Hubco accuses CPPA-G of being ‘unfair’ ISLAMABAD: M/s Hub Power Company (Hubco) has reportedly accused Central Power Purchasing Agency Guaranteed (CPPA-G),... Updated 16 Aug, 2022 03:03pm
Print Implementation Agreement: Hubco urges govt not to withdraw IT exemption ISLAMABAD: Hub Power Company (Hubco) has urged the federal government not to withdraw income tax exemption available... Updated 20 Jun, 2022 09:56am
Print LPTL seeks permanent exemption from IFRS-9 ISLAMABAD: Following the footsteps of M/s Hub Power Company (Hubco), the Liberty Power Tech Ltd (LPTL) has also... Updated 20 May, 2022 10:22am
Print Eid holidays may disturb oil supplies: Power plants: furnace oil arranged for May ISLAMABAD: The Petroleum Division has arranged 281,000 MMT furnace oil for May 2022 for the power sector to be... Updated 01 May, 2022 09:04am
Print Acute fuel shortage: Hubco on the verge of shutdown ISLAMABAD: M/s Hub Power Company (Hubco) has once again raised the issue of acute shortage of RFO in the country and... Updated 27 Apr, 2022 10:40am
Business & Finance Hubco's Narowal Plant engines develop fault, electricity generation halted Hub Power Company Ltd (HUBCO) in its notice to the Pakistan Stock Exchange (PSX) on Friday informed that its two... Published 04 Mar, 2022 05:12pm
Print PSO: power sector key defaulter ISLAMABAD: The circular debt of Pakistan State Oil (PSO) has reached all-time high at Rs425.446 billion by ... Published 01 Jan, 2022 04:07am
Pakistan ‘Professional jealousy’ behind allegations: Acting MD NTDC LAHORE: Acting Managing Director (MD) National Transmission & Despatch Company (NTDC) Manzoor Ahmad has claimed... Published 10 Dec, 2021 04:29am
Pakistan US CG visits Hubco power plant KARACHI: United States Consul General Mark Stroh traveled to Hub, one of the largest industrial cities of... Published 04 Dec, 2021 04:23am
Print PSO receivables hit Rs402.863bn mark The company announced its highest-ever after-tax profit of Rs29 billion for financial year 2020-21 Updated 28 Nov, 2021 10:01am
Print Circular debt of PSO soars to all-time high ISLAMABAD: The circular debt of Pakistan State Oil (PSO) has reached all-time high of Rs397.5 billion in November.... Published 19 Nov, 2021 04:35am
Print Inefficient power, RLNG sectors: PSO receivables hit Rs380.464bn mark ISLAMABAD: Pakistan State Oil's (PSO) receivables have touched Rs380.464 billion due to inefficient power and RLNG... Updated 07 Nov, 2021 02:37pm
Markets KE’s results belie enormity of power sector challenges K-Electric’s recent submission of its financial results to the PSX reported a profit of PKR 11.9 billion, a... Published 16 Sep, 2021 04:02am
Business & Finance Hubco's full-year consolidated profit surges 33.7% 12-month EPS reported at Rs25.97 Published 30 Aug, 2021 12:31pm
Opinion The FO 'imbroglio' LNG has become expensive exceeding USD 15.0/mmBtu and price scenario remains uncertain for the coming winter. ... Published 21 Aug, 2021 04:21am
Opinion The intractable energy sector Decades long poor planning and flawed policies in the energy sector have finally brought matters to a head and until... Published 16 Aug, 2021 05:59am
Print Power Division likely to decide future of Hubco next week ISLAMABAD: The Power Division (PD) is likely to decide the future of 1200 MW Hub Power company (Hubco) next week as... Updated 15 Aug, 2021 10:33am
Print Power projects: Chinese companies refuse request to review rate of return Pakistan approached not only the Chinese government but also Chinese companies individually, requesting them to sit with Power Division’s top brass for review of Power Purchase Agreements and rate of return Updated 13 Aug, 2021 10:39am
Print Lt-Gen Asim Bajwa (retd) quits: Mansoor appointed SAPM to ‘fast-track’ CPEC projects Bajwa, who attended a meeting of the Steering Committee on CPEC on August 2, had no inkling of Mansoor’s appointment as SAPM Updated 04 Aug, 2021 09:49am
Pakistan Khalid Mansoor, ex-Hubco, replaces Asim Bajwa as SAPM on CPEC Affairs Mansoor resigned from his position as CEO of The Hub Power Company in July Bajwa says course is set for future progression of CPEC Updated 03 Aug, 2021 09:38pm
Print SPA with KE, revised agreements with IPPs: Senate body expresses annoyance at PD’s failure to furnish copies ISLAMABAD: Senate Standing Committee on Power on Thursday expressed annoyance at Power Division’s failure to... Published 09 Jul, 2021 02:11am
Business & Finance Kamran Kamal appointed new CEO of Hubco KARACHI: HUBCO, Pakistan’s largest IPP has announced the appointment of Kamran Kamal as its new CEO. Kamran has... Published 01 Jul, 2021 04:09am