Hub Power Company

Hub Power Company Limited (HUBCO) is a Pakistani independent power producing company based in Hub, Lasbela District, Balochistan, Pakistan.[1]

Its 1,292 MW plant is located 60 km from Karachi in Hub. The electricity at HUBCO is generated by four 323 megawatt oil-fired units that are supplied by a 78 km long pipeline from Pakistan State Oil.

It consists of four generating units, each unit has capacity of 323 MW gross output, with an oil-fired single re-heat boiler and tandem compound and two cylinder condensing steam turbines directly coupled to a hydrogen cooled generator.[2]

Hub Power Company Limited
Industry Power
Founded 1994
Headquarters Hub, Balochistan, Pakistan
Area served
Pakistan
Key people
Habibullah Khan (Chairman)
Owner Dawood Hercules (35.48 percent)
Allied Bank Limited (3.8 percent)
Website www.hubpower.com

History

In 1994, HUBCO received a loan agreement of US$ 425 million from the Government of Pakistan via the National Development Finance Corporation. Other 34.9 percent shares were owned by National Power International Holdings B.V and Saudi Arabian company Xenel.[3]

In 1996, a multi-effect distillation plant, manufactured by SASAKURA Engineering Company Limited-Japan, was commissioned, with a capacity of 3,600 cubic meters of water per day.[4]

In 2012, both foreign companies divested their investment and shares were subsequently sold to Dawood Hercules and Allied Bank Limited.[3]

In January 2015, HUBCO announced that it will set up 1,320MW coal-based power plants next to its thermal power station at Hub in Balochistan.[5] The two plants would be initially run on imported coal for which a coal jetty would also be developed.[5]

See also

References

  1. ^ Hussain, Dilawar (6 November 2001). "Hub Power Company: CORPORATE PROFILE".
  2. ^ https://fp.brecorder.com/2005/12/20051208362976/
  3. ^ a b Hussain, Dilawar (12 June 2012). "Hub Power Company is sold".
  4. ^ Hussain, Dilawar (12 June 2012). "Hub Power Company is sold".
  5. ^ a b http://tribune.com.pk/story/1773667/1-work-progress-coal-fired-power-plant-satisfies-ppib/

External links

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