Hub Power Company
Hub Power Company Limited, () colloquially known as HUBCO, is the first and largest Pakistani Independent Power Producer (IPP) with a combined installed power generation capacity of 2920 MW. HUBCO is the only power producer in Pakistan with four projects listed in the China-Pakistan Economic Corridor (CPEC), out of which three are under construction — Thar Energy Limited, Thalnova Power Thar (Pvt) Ltd and Sindh Engro Coal Mining Company whereas China Power Hub Generation Company (CPHGC) is already contributing electricity to the national grid. Hub Power Company stock is traded on the Pakistan Stock Exchange. Organisation structure. Subsidiaries  Associates Management team Prime International Oil & Gas Company. In March 2021, Eni exited the Pakistani market and sold its assets to Prime International Oil & Gas Company. The deal include the assets acquired, interests in eight development and production leases and four exploration licences. Prime International Oil & Gas Company, a newly established joint venture (JV) between Eni Pakistan local employees and Hub Power Company. Financial Performance. For the year ended June 30, 2021, Hubco has posted consolidated profit after tax (PAT) of Rs 33.7 billion. Corporate social responsibility. The company's Corporate Social Responsibility (CSR) program focuses on: The company has  set up initiatives to develop communities around its plants. It provides education and healthcare by setting up schools and medical facilities. The Company improves the physical infrastructure of the local communities by providing clean water and installing solar systems. It helps improve the livelihood of the local populace through projects such as the HUBCO Rahnuma Program where employees volunteer their time, skills, and efforts to develop communities near plants. HUBCO aims to hire local workers and in line with this provides vocational training programs. Awards and accolades. Hub Power Company has achieved the following: