business

October 19, 2016

Hubco mulls power project’s capacity cut

China-Pakistan 660x2MW coal-fired plant KARACHI: Hub Power Company is mulling to slice the planned 600x2MW coal-fired project in Hub to half as the majority stake-holder Chinese partner showed willingness to start the production ahead of its planned date on the government’s persuasion. Hubco has 26 percent stake in the joint venture company China Power Hub Generation Company , which has a generation licence for a 660x2 megawatts coal-fired plants in Hub in Balochistan. CPHGC is a...