Hub Power Project

Salient Features

Company Hub Power Company
Capacity 1292 MW (Gross)
Location Tehsil Hub, District Lasbela, Balochistan
Fuel Residual Furnace Oil (RFO)
Technology Oil Fired, Steam Turbines
Plant Configuration 4x323 MW Steam Turbines
Power Purchaser WAPDA
Fuel Supplier PSO
Term of the PPA 30 Years
Registered Address Hub Power Company Limited Islamic Chamber Building Block-9, Clifton Karachi.

Important Milestones

Submission of Application January, 1988
Issuance of Letter of Interest (LOI) April 27, 1994
Issuance of Letter of Support (LOS) None
Date of Financial Closing January 26, 1995
Commissioning Date March 31, 1997
Net / Dependable Capacity 1200 MW

Contractual Agreements

Implementation Agreement (IA) August 3, 1992
Power Purchase Agreement (PPA) August 3, 1992
Gas Supply Agreement (GSA) August 3, 1992
GOP Guarantee January 3, 1995
Settlement Agreement December 17, 2000
Settlement Amended Agreement October 14, 2001