CPHGC is a joint venture of China Power International Holdings Ltd (CPIH) with HUBCO, setting up a 1320 MW Coal Fired Power Plant in Hub, Baluchistan; expected to be completed by 2018. This Power Project is under China Pakistan Economic Corridor (CPEC) and will be situated in the province of Baluchistan. The Head Office is located at the 10th Floor of Ocean Towers. About Our Sponsors: China Power International Holding Ltd. (CPIH) was established and registered in Hong Kong in 1994, mainly devoted to the development, construction, operation, oversea investment & financing of power supply program In 2002, CPIH was transferred to State Power Investment Company as a wholly-owned core enterprise and acts as an offshore investment arm for it By end of 2013, CPIH achieved 25.1GW of total installed capacity, 91,181GWH annual power generation, USD18.23billon of total assets with more than 15,000 employees, and USD560 million of net profit HUBCO was one of the first and largest Independent Power Producer (IPP) in Pakistan to be financed by the private sector in Southern Asia and one of the largest private power projects in the newly industrialized world. HUBCO was the first project to be successfully co-financed by several governments, the World Bank as well as international private sector lenders and investors. HUBCO is listed on various Pakistani Stock Exchanges and its Global Depository Receipts are listed on the Luxembourg Stock Exchange. It has over thirteen thousand (13,000) Pakistani and International shareholders. The Company owns an oil-fired power station with an installed net capacity of 1,200 MW at Mouza Kund, Hub, in Balochistan and 214 MW net capacity oil-fired power station at Mouza Poong, Narowal in Punjab. The Company also has 75% controlling interest in Laraib Energy Ltd, a subsidiary that is developing a 84 MW Hydel power plant near the New Bong Escape, 8 km downstream of Mangla Dam in Azad Kashmir.
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|---|---|---|---|---|---|
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