AIRLINK 172.89 Decreased By ▼ -2.84 (-1.62%)
BOP 13.25 Increased By ▲ 0.13 (0.99%)
CNERGY 7.39 Decreased By ▼ -0.15 (-1.99%)
FCCL 43.48 Decreased By ▼ -0.43 (-0.98%)
FFL 14.88 Decreased By ▼ -0.13 (-0.87%)
FLYNG 26.46 Decreased By ▼ -0.44 (-1.64%)
HUBC 129.65 Decreased By ▼ -0.58 (-0.45%)
HUMNL 13.22 Decreased By ▼ -0.12 (-0.9%)
KEL 4.44 Decreased By ▼ -0.06 (-1.33%)
KOSM 6.04 Decreased By ▼ -0.02 (-0.33%)
MLCF 55.30 Decreased By ▼ -0.73 (-1.3%)
OGDC 211.25 Decreased By ▼ -3.52 (-1.64%)
PACE 5.91 Decreased By ▼ -0.07 (-1.17%)
PAEL 41.01 Increased By ▲ 0.11 (0.27%)
PIAHCLA 16.20 Decreased By ▼ -0.12 (-0.74%)
PIBTL 9.57 Decreased By ▼ -0.18 (-1.85%)
POWER 11.52 Decreased By ▼ -0.24 (-2.04%)
PPL 177.80 Decreased By ▼ -3.68 (-2.03%)
PRL 33.38 Decreased By ▼ -0.84 (-2.45%)
PTC 22.76 Decreased By ▼ -0.30 (-1.3%)
SEARL 94.20 Decreased By ▼ -1.52 (-1.59%)
SILK 1.18 Increased By ▲ 0.04 (3.51%)
SSGC 34.86 Decreased By ▼ -0.59 (-1.66%)
SYM 15.85 Increased By ▲ 0.10 (0.63%)
TELE 7.79 Decreased By ▼ -0.08 (-1.02%)
TPLP 10.85 Decreased By ▼ -0.13 (-1.18%)
TRG 60.68 Increased By ▲ 0.18 (0.3%)
WAVESAPP 10.72 Decreased By ▼ -0.09 (-0.83%)
WTL 1.32 Decreased By ▼ -0.03 (-2.22%)
YOUW 3.76 Decreased By ▼ -0.01 (-0.27%)
BR100 12,027 Decreased By -27.1 (-0.22%)
BR30 36,259 Decreased By -208.1 (-0.57%)
KSE100 113,711 Decreased By -645.4 (-0.56%)
KSE30 35,055 Decreased By -292.2 (-0.83%)

ISLAMABAD: After eight enterprising years with Hubco, Khalid Mansoor, CEO Hub Power Company Limited, has decided to part ways with the company. During his tenure with the company, he led Hubco to enhance its overall generation capacity from 1,600 MW to 3,581 MW.

His achievements on behalf of Hubco include capacity building and switching to self O&M of our plants, successful diversification into the coal-based arena through 2x330 MW power plants in Thar (TEL &TN), investment in SECMC and setting up of a 1,320MW CPHGC plant through a joint venture with China Power International Holding (CPIH) under CPEC. He has also paved the way for the company to expand into the oil & gas sector by acquiring a significant stake in ENI.

Khalid has also played a pivotal role in improving the overall business environment of Pakistan as the Chairman Overseas Investors Chamber of Commerce & Industry (OICCI) and Independent Power Producers Advisory Council (IPPAC).

"We thank Khalid for his invaluable contributions over the years to the success of Hubco and wish him and his family health and happiness in all their future endeavors," said, Chairman Hubco, M. Habibullah Khan. Hubco's Board has selected Kamran Kamal, CEO of Laraib Energy Limited as the new CEO of Hubco effective July 1, 2021. Kamran is already a part of the HUBCO family and you are familiar with the passion and energy he brings to the team.-PR

Copyright Business Recorder, 2021

Comments

Comments are closed.