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HUBCO seeks pact for $2.4bln- Bloomberg

11/5/2015

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Co. at “developing stage” of planning 2 units of 660MW each power plant in southwest Balochistan province, CEO Khalid Mansoor says in interview on sidelines of investment conference in Islamabad.

* Co. trying to achieve finl. agreement by April, CEO says:
Pakistan has issued letter of intent to co. for power
projects and power purchase agreement in process, according
to Private Power Infrastructure Board website
* Co. plans to complete 1st unit in 36 mos., 2nd in about 42
mos.; seeking funds from Chinese finl. Institutions
* Hub Power participating with $20m equity in coal mining
project in Thar, in southern Sindh province; project led by
Engro, Sindh gov
* Co. considering setting up gas-run power projects in
Pakistan as electricity shortfall is as much as 7,000MW
* Power shortfall “is going to grow” because of rising
demand: CEO
* * Hubco, as the co. is known, is nation’s 2nd biggest non-
state power producer
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  • Home
  • About
    • Mission
    • Company Information
    • Governance
  • Account Center
    • Account Details Update
    • Account Open Request
    • Account Form
    • Close Account Request
    • Online trading Request
    • Online Trading Software >
      • Java Download for PC
      • TradeCast for PC
      • TradeCast Help
      • Mobile Trading Android
      • Mobile Trading IOS
    • Transfer Shares Letter
  • Investor Portal
    • Downloads >
      • Claim Form
      • Complaint Guide
    • Feedback
    • Investor Grievances
    • Investor Info >
      • Auditors
      • Account Form
      • Financial Information
      • KYC Policy
      • Net and Liquid Capital
    • PSX Complaint
    • SECP Complaint
  • Investor Education
    • Investor Awareness Guide
    • Invest in Pakistan
    • Investment 101
    • Psx Webinars
  • Market View
    • Corporate Briefings
    • Company Announcements
  • Contact
    • Useful Links
    • FAQ's