Hub Power Company

The Hub Power Company Limited
Company typePublic
PSXHUBC
KSE 100 component
KSE 30 component
IndustryElectricity generation
Founded1991; 33 years ago (1991)
Headquarters,
Pakistan
Area served
Pakistan
Key people
RevenueIncrease Rs. 130.525 billion (US$450 million) (2024)
Increase Rs. 70.018 billion (US$240 million) (2024)
Total assetsIncrease Rs. 452.804 billion (US$1.6 billion) (2024)
Total equityIncrease Rs. 190.368 billion (US$660 million) (2024)
OwnerMega Conglomerate (19.50%)
Number of employees
801 (2024)
SubsidiariesHub 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%)
Websitehubpower.com
Footnotes / references
Financials as of 30 June 2024 [1]

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) established in Pakistan, and before the termination of its energy agreement in October 2024, it was the largest IPP in the country.[2] The revenue of the company is United States Dollars denominated.[3]

Hubco is listed on the Pakistan Stock Exchange.[4][5]

  1. ^ "Hub Power Annual Report 2024". Retrieved 8 October 2024.
  2. ^ "HUBCO company profile".
  3. ^ Segal, Philip; Tribune, International Herald (16 August 1997). "Pakistan" – via NYTimes.com.
  4. ^ Hussain, Dilawar (24 September 2018). "Further growth for Hub Power Company". Dawn. Pakistan. Retrieved 20 June 2021.
  5. ^ Hussain, Dilawar (6 November 2001). "Hub Power Company: CORPORATE PROFILE". Dawn. Pakistan. Retrieved 20 June 2021.