Hub Power Co Ltd 2023 AR2
The report highlights HUBCO's operational and financial performance for the fiscal year ended June 30, 2023, emphasizing its role as Pakistan's leading independent power producer with a combined capacity of 3,581 MW. Key achievements during the year include the commercial operations of two 330 MW lignite-fired power plants, Thar Energy Limited and ThalNova Power Thar, which are operated entirely by a local workforce. The company also completed the acquisition of ENI's Pakistan business through a joint venture, diversifying its portfolio into the exploration and production sector. Additionally, HUBCO maintained a total recordable injury rate of zero across all operational sites and invested PKR 162 million in corporate social responsibility initiatives.
Company: Hub Power Co Ltd
Sector: Utilities
Country: Pakistan
Year: 2023
Type: AR2
Pages: 300
Hub Power Co Ltd
Annual Report
The report highlights HUBCO's operational and financial performance for the fiscal year ended June 30, 2023, emphasizing its role as Pakistan's leading independent power producer with a combined capacity of 3,581 MW. Key achievements during the year include the commercial operations of two 330 MW lignite-fired power plants, Thar Energy Limited and ThalNova Power Thar, which are operated entirely by a local workforce. The company also completed the acquisition of ENI's Pakistan business through a joint venture, diversifying its portfolio into the exploration and production sector. Additionally, HUBCO maintained a total recordable injury rate of zero across all operational sites and invested PKR 162 million in corporate social responsibility initiatives.
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Document Details
Report Year
2023
Reporting Period
Jul 1, 2022 - Jun 30, 2023
Fiscal Year
2023
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Employees