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HUBCO issues clarification regarding suspension of power generation

07:38
October 12, 2018
MG

October 12, 2018 (MLN): The Hub Power Company Limited has issued clarification regarding an article published by a news agency on October 10^th 2018, in a notification issued on Friday 12th October.

The article comments on the suspension of power generation of five IPPs including Hubco’s 1200MW (net) thermal power plant at Hub, Baluchistan (Plant).

As mentioned in the article, Hub Plant ran out of fuel on September 4, 2018 because of circular debt, which is known industry-wide issue.

The Company is of the view that the suspension of its Plant does not significantly impact its financial position.

The Company has informed the Power Purchaser and Government of Pakistan that the shutdown of the Hub Plant is a direct result and consequence of the default of CPPA (G) in payment of the overdue amounts owed to the Company.

Copyright Mettis Link News

Posted on: 2018-10-12T12:38:00+05:00

23634

FOREX

EQUITY

COMMODITIES

FOREX

PairID	Symbol	Bid	Ask	High	Low	Update
1	PKR	278.30000	278.50000	278.50000	278.30000	03:02 PM
2	EUR	1.06940	1.06949	1.06949	1.06940	11:10 AM
3	GBP	1.24322	1.24326	1.24326	1.24323	11:10 AM
4	CHF	0.91040	0.91080	0.91080	0.91040	11:10 AM
5	JPY	154.82400	154.82900	154.82900	154.82400	11:10 AM
6	CAD	1.36705	1.36711	1.36711	1.36705	11:10 AM
7	AUD	0.64757	0.64763	0.64763	0.64757	11:10 AM
8	INR	83.29200	83.30700	83.30700	83.29200	11:10 AM
9	SAR	3.75070	3.75090	3.75090	3.75070	08:10 PM
10	AED	3.67240	3.67340	3.67340	3.67240	08:09 PM
11	HKD	7.83580	7.83618	7.83618	7.83580	11:10 AM
12	CNH	7.26074	7.26091	7.26089	7.26074	11:10 AM
13	CNY	7.24300	7.24400	7.24400	7.24300	11:17 PM
14	THB	36.89800	36.98500	36.98500	36.89800	11:10 AM
15	MYR	4.77750	4.78250	4.78250	4.77750	05:42 AM
16	IDR	16,144.00000	16,152.70000	16,152.70000	16,144.00000	11:10 AM
17	SGD	1.36151	1.36163	1.36163	1.36151	11:10 AM
18	NZD	0.59316	0.59320	0.59320	0.59316	11:10 AM
19	MXN	16.99250	16.99750	16.99745	16.99245	11:10 AM
20	TRY	32.55160	32.56160	32.56160	32.55160	11:10 AM
21	SEK	10.83740	10.83870	10.83874	10.83743	11:10 AM
22	ZAR	19.13330	19.13850	19.13850	19.13330	11:10 AM
23	NOK	10.94080	10.94420	10.94415	10.94077	11:10 AM
24	DKK	6.97448	6.97503	6.97503	6.97448	11:10 AM
25	ARS	872.73800	872.74600	872.74602	872.73760	11:10 AM
26	BDT	107.93300	111.30800	111.30797	107.93329	07:19 AM
27	BHD	0.37698	0.37703	0.37703	0.37698	08:10 PM
28	BRL	5.15370	5.15670	5.15670	5.15370	11:10 AM
29	KRW	1,373.30000	1,374.33000	1,374.33000	1,373.30000	11:10 AM
30	KWD	0.30799	0.30809	0.30809	0.30799	08:07 PM
31	LKR	296.61500	303.17700	303.17688	296.61502	07:19 AM
32	OMR	0.38498	0.38502	0.38502	0.38498	07:59 PM
33	QAR	3.64600	3.64900	3.64900	3.64600	08:10 PM
34	RUB	93.02000	93.04000	93.04000	93.02000	08:00 PM
35	AFN	71.19560	73.07040	73.07036	71.19556	07:19 AM
36	AZN	1.70000	1.70000	1.70000	1.70000	06:38 AM
37	TMT	3.35000	3.65000	3.65000	3.35000	08:00 PM
38	MVR	15.26000	15.66000	15.66000	15.26000	08:00 PM
39	UZS	12,663.50000	12,729.10000	12,729.07937	12,663.46073	07:19 AM
40	PHP	57.39000	57.46300	57.46300	57.39000	11:10 AM
42	NGN	1,233.95000	1,234.95000	1,234.95000	1,233.95000	07:19 AM
43	KES	133.50000	135.50000	135.50000	133.50000	08:41 AM
44	AMD	390.04000	390.04000	390.04000	390.04000	07:57 AM
45	TWD	32.56800	32.56900	32.56900	32.56800	11:10 AM
46	XAU	2,318.06000	2,318.50000	2,318.50000	2,318.06000	11:09 AM
47	XAG	27.16020	27.17080	27.17080	27.16020	11:09 AM
48	XPT	914.65000	916.15000	916.15000	914.65000	08:10 PM
49	XPD	1,018.75000	1,028.75000	1,028.75000	1,018.75000	08:10 PM
2,120	VES	36.26120	36.34220	36.34216	36.26125	08:00 PM
2,212	UGX	3,769.29000	3,853.65000	3,853.65305	3,769.28701	07:19 AM
2,213	TZS	2,594.99000	2,595.01000	2,595.01500	2,594.98500	07:16 AM

Data is delayed by 20 minutes

EQUITY

Name	High	Current	Low	Change	% Change	Volume	Value	DateTime
KSE100	71,846.64	71,359.405	71,338.43	-74.056	-0.104	383,445,458.0	14,889,881,592.600	23/04/2024 04:13 PM
ALLSHR	47,130.64	46,865.873	46,836.87	-98.781	-0.210	652,962,508.0	24,431,501,771.190	23/04/2024 04:13 PM
KSE30	23,685.35	23,566.856	23,534.69	0.501	0.002	105,787,553.0	9,001,534,258.600	23/04/2024 04:13 PM
KMI30	120,645.96	119,675.932	119,552.66	77.916	0.065	170,342,506.0	8,837,506,407.860	23/04/2024 04:13 PM
KMIALLSHR	33,523.95	33,318.567	33,318.59	-47.008	-0.141	508,418,986.0	19,702,328,669.270	23/04/2024 04:13 PM
BKTi	17,962.81	17,852.482	17,760.93	-63.214	-0.353	24,348,778.0	2,523,701,350.410	23/04/2024 04:13 PM
OGTi	17,099.54	16,869.074	16,809.71	-50.514	-0.299	6,409,607.0	961,700,948.010	23/04/2024 04:13 PM

Data is delayed by 20 minutes

COMMODITIES

Name	Symbol	Last	High	Low	Change
BITCOIN FUTURES	BTC	66,905.0	67,340.0	65,795.0	295.00
BRENT CRUDE	EB	87.4	88.2	86.0	0.35
RICHARDS BAY COAL MONTHLY	EF	105.5	0.0	0.0	-3.00
ROTTERDAM COAL MONTHLY	ET	120.0	0.0	0.0	1.35
USD RBD PALM OLEIN	POL	832.5	832.5	832.5	0.00
CRUDE OIL – WTI	QCL	82.3	83.0	80.9	0.39
SUGAR #11 WORLD	SB	19.5	19.8	19.5	-0.07

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