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. 114.26 billion (US$400 million) (2023)
Increase Rs. 55.425 billion (US$190 million) (2023)
Increase Rs. 57.554 billion (US$200 million) (2023)
Total assetsIncrease Rs. 405.56 billion (US$1.4 billion) (2023)
Total equityIncrease Rs. 158.036 billion (US$550 million) (2023)
OwnerMega Conglomerate (19.50%)
Number of employees
809 (2023)
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 2023 [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) 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]

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

  1. ^ "Hub Power Annual Report 2023" (PDF). hubpower.com. Retrieved 8 December 2023.
  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.