Hubco generation capacity doubles in six years: Chairman

LAHORE: Leading investment holding company Dawood Hercules Corporation (DH Corp) has headed a six-year turnaround at Hubco during which the company invested in major energy projects augmenting generation to 3,276 Megawatts.

The $3.5 Billion capital investment includes JV projects in the CPEC priority list and will enhance Pakistan’s national energy security. The value of Hubco’s stock price had appreciated up to 170% since 27th September 2012, when Dawood Hercules directors were elected to the board, with total shareholder return of 40% IRR.

Published in Business Recorder, 17th March, 2018