Hub Power Holdings expands into green energy with new subsidiary, HUBCO Green

MG News | February 14, 2025 at 02:49 PM GMT+05:00

0:00

February 14, 2025 (MLN): Hub Power Holdings Limited, a wholly owned subsidiary of Hub Power Company Limited (PSX: HUBC), is expanding into a new business sector through its newly incorporated subsidiary, HUBCO Green (Private) Limited.

This new venture focuses on establishing and operating electric vehicle charging infrastructure, according to the company's filing on PSX revealed today.

It will also involve activities such as importing, manufacturing, and assembling charging accessories.

With respect to the aforesaid, Hubco Green is entering into a collaboration agreement with Pakistan State Oil Company Limited (PSO) for the installation of electric vehicle charging infrastructure at numerous PSO locations across Pakistan.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	162,102.92 254.63M	-0.51% -834.01
ALLSHR	98,424.06 767.06M	-0.39% -385.08
KSE30	49,178.66 92.71M	-0.54% -267.15
KMI30	231,230.31 69.98M	-0.64% -1485.54
KMIALLSHR	64,033.87 360.75M	-0.55% -353.80
BKTi	43,997.64 36.18M	0.12% 50.75
OGTi	32,027.34 12.90M	-0.69% -223.49

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	82,960.00	88,150.00 81,485.00	-3480.00 -4.03%
BRENT CRUDE	62.43	63.02 61.90	-0.95 -1.50%
RICHARDS BAY COAL MONTHLY	85.00	0.00 0.00	0.25 0.30%
ROTTERDAM COAL MONTHLY	96.25	0.00 0.00	0.15 0.16%
USD RBD PALM OLEIN	1,082.50	1,082.50 1,082.50	0.00 0.00%
CRUDE OIL - WTI	57.91	58.80 57.42	-1.09 -1.85%
SUGAR #11 WORLD	14.70	14.75 14.56	0.04 0.27%