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

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Hub Power Co Ltd

Hub Power Co Ltd 2023 Annual Report

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