Currently browsing : hubco
25th February, 2013
Major power breakdown plunges most of country into darkness
A massive power breakdown plunged major parts of the country into darkness late on Sunday night. From Islamabad to Karachi, most major cities reported power outage.
A massive power breakdown plunged major parts of the country into darkness late on Sunday night. From Islamabad to Karachi, most major cities reported power outage.
19th July, 2012
Hubco profit grows by 51pc
The Hub Power Company recorded profit after tax (PAT) at Rs8,190 million, translating into earning per share (eps) at Rs7.08..
The Hub Power Company recorded profit after tax (PAT) at Rs8,190 million, translating into earning per share (eps) at Rs7.08..
12th June, 2012
Hub Power Company is sold
Cyan Limited, Dawood Hercules Corporation and Dawood Hercules Fertiliser, paid $65 million for acquistion of Hub Power Company Limited.
Cyan Limited, Dawood Hercules Corporation and Dawood Hercules Fertiliser, paid $65 million for acquistion of Hub Power Company Limited.
27th March, 2012
Foreign strategic investor quits Hubco
KARACHI, March 26: The foreign majority shareholder in Hub Power Company Limited (Hubco) the country`s largest Independent Power Producer (IPP) stepped out, selling all of its strategic holding to the local conglomerates
KARACHI, March 26: The foreign majority shareholder in Hub Power Company Limited (Hubco) the country`s largest Independent Power Producer (IPP) stepped out, selling all of its strategic holding to the local conglomerates
25th November, 2011
PSO warns to cut fuel supply as dues cripple its liquidity
The piled up huge receivables of Rs 179 billion by the power sector and the national carrier may lead to a breakdown in supply chain.
The piled up huge receivables of Rs 179 billion by the power sector and the national carrier may lead to a breakdown in supply chain.
24th October, 2011
Co-sponsor quits Hubco
The Xenel Industries of Saudi Arabia, the second largest share-holder in Hub Power Company — Pakistan’s largest Independent Power Plant — last week sold…
The Xenel Industries of Saudi Arabia, the second largest share-holder in Hub Power Company — Pakistan’s largest Independent Power Plant — last week sold…
14th October, 2011
Has major shareholder in Hubco decided to quit?
KARACHI: Xenal Industries of Saudi Arabia, the group that owns 140 million shares in Hub Power Company (Hubco), the largest Independent Power Plant (IPP) in…
KARACHI: Xenal Industries of Saudi Arabia, the group that owns 140 million shares in Hub Power Company (Hubco), the largest Independent Power Plant (IPP) in…
27th September, 2011
Power shortfall touches 8,500MW
LAHORE: With payments to smaller IPPs and Pakistan State Oil delayed beyond official commitments and oil crunch hitting power generation, the Pepco`s…
LAHORE: With payments to smaller IPPs and Pakistan State Oil delayed beyond official commitments and oil crunch hitting power generation, the Pepco`s…
16th June, 2011
IPPs invoke sovereign guarantees for dues
LAHORE: The cash-starved government struggling to cope with the stifling inter-corporate circular debt crisis in the power sector received a fresh jolt on Wednesday when…
LAHORE: The cash-starved government struggling to cope with the stifling inter-corporate circular debt crisis in the power sector received a fresh jolt on Wednesday when…
28th April, 2011
Govt to borrow Rs130bn to clean up circular debt
ISLAMABAD: The government has decided to `clean up` chronic circular debt in the next two months through Rs130 billion borrowing from banks and to enforce…
ISLAMABAD: The government has decided to `clean up` chronic circular debt in the next two months through Rs130 billion borrowing from banks and to enforce…
18th February, 2011
Fuel supply to Wapda restored on govt move
KARACHI: Pakistan State Oil (PSO) suspended furnace oil supplies to Wapda, Kapco and Hubco by 1.00 pm on Thursday. However it had to restore the…
KARACHI: Pakistan State Oil (PSO) suspended furnace oil supplies to Wapda, Kapco and Hubco by 1.00 pm on Thursday. However it had to restore the…
