Ruhail Mohammad Appointed as CEO for Hub Power Holdings Limited

Hub Power Company (HUBC) is destroying its diversity strategy and looking for new business opportunities, as administrative reports improve financing and a positive author is better than a positive author’s reform and timely subsidy.

In a recent meeting with Topline Securities, Hub CEO CEO Kamran Kamal and CFO Mohammad Sama said the company’s recovery has been strengthened, especially for coal -fired power plants, thanks to the government’s attention on the sector and leaf.

The administration made it clear that any resolution of the circular loan or the exemption of late payment surcharges for CPEC -related plants will be handled at the government level, no talks are currently underway.

The HUBC is actively considering several new projects. An option is to set up an aluminum simulator on its hub site, in which its vest 1,100 acres of industrial land and current power plant should be benefited as a backup. The company is also looking for the possibility of integrated boxite mining, in view of Pakistan’s important reserves, and can pursue Value China integration in the future, the Brokerage House said.

Another important step is the development of single point mooring (SPM) facility for import of petroleum products for PSO, using existing storage tanks and pipeline infrastructure. He added that Hub Sea intends to make a joint plan for the project if it moves forward.

On the front of the Electric Vehicle (EV), the Hub Sea partnership with the fly is visible. The administration reported a much better response from the market, in which Hub Sei is now Pakistan’s largest EV company. The local assembly of BYD Ato 3 is set to begin in the second half or 2026.

The company is also manufacturing bed vehicles, including a new segment, SUV, and it is building an EV charging network nationwide from Karachi to Peshawar.

The HUBC is also looking at car exports to the right hand drive markets and has gained interest from international financers for the project. Meanwhile, its two coal -based plants are expected to announce its first profit shortly after completion of the project, which is expected to pay more than the components of the equity.

In the Oil and Gas sector, the Hub Sea joint venture, Prime International, will participate in the upcoming offshore bowling rounds, which include new partnerships and consortiums.

The management emphasized the track record of the diversity of Hub Sea, from coal power and E&P to the EV segment. The company is now spreading to mining, recently investing in junior mining company arc metals and considering participation in PIA private as part of consortium.

Post Habko eyes diversity, EV growth, and new projects Appeared on the first on Propichstani.



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