Hubco increases shareholding in CPHGC

12 Jan, 2017

The Hub Power Company Limited (Hubco) has increased its shareholding in China Power Hub Power Generation Company (Private) Limited (CPHGC) from 26.0 percent to 47.5 percent. The CPHGC is in process of setting up coal based power plant in Hub, Balochistan with 1320 MW generation capacity. To recall, initially the shareholding of Hubco in CPHGC was 49.0 percent, which was later decreased to 26.0 percent with an option to increase its holding before commercial operation date.

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