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HUB POWER PROJECT
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Salient Features |
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Company |
Hub Power Company |
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Capacity |
1292 MW (Gross) |
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Location |
Tehsil Hub, District Lasbela, Balochistan |
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Fuel |
Residual Furnace Oil (RFO) |
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Technology
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Oil Fired, Steam Turbines |
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Plant
Configuration
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4x323 MW Steam Turbines |
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Power
Purchaser |
WAPDA |
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Fuel
Supplier |
PSO |
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Term
of the PPA |
30 Years |
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Registered Address |
Hub Power Company
Limited
Islamic Chamber
Building
Block-9, Clifton
Karachi. |
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Email |
info@hubpower.com |
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Important Milestones |
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Submission of Application |
January, 1988 |
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Issuance
of Letter of Interest (LOI)
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April 27,
1994 |
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Issuance
of Letter of Support (LOS) |
None |
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Date of
Financial Closing |
January
26, 1995 |
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Commissioning Date |
March 31, 1997 |
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Capacity |
1299 MW |
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Contractual Agreements |
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Implementation Agreement (IA) |
August 3, 1992 |
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Power
Purchase Agreement (PPA)
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August 3, 1992 |
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Gas Supply Agreement (GSA) |
August 3,
1992 |
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GOP Guarantee |
January 3, 1995 |
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Settlement Agreement |
December 17, 2000 |
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Settlement Amended Agreement |
October 14, 2001 |
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