hydel IPP in Pakistan. In January 2015, HUBCO announced that it will set up 1,320 MW coal-based power plants next to its thermal power station at Hub in Balochistan. The two plants would be initially run on imported coal for which a coal jetty would also be developed. In 2018, partial shares were taken over by Mega Conglomerate Pvt. Ltd. This resulted in the Chairmanship being relinquished by Hussain Dawood and assumed by Habibullah Khan. In 2018, HPHL (wholly owned subsidiary of HUBCO) acquired 37% stake in ThalNova Power Thar (Pvt.) Ltd. In 2019, the 1320 MW (2x660 MW) China Power Hub Generation Company Private Limited (CPHGC) Project with integrated Jetty started operations. A lignite-based 330 MW Thar Energy Limited (TEL)Project in Thar Block II commenced its operations in October 2022. Growth aspirations Water Solutions: Aim to solve the water crisis in the country through water desalination and purification projects. Renewable Energy: Expansion of business by venturing into wind energy projects. Corporate social responsibility Since inception of the company, its Corporate social responsibility (CSR) program has been heavily investing in uplifting local communities. In 2022 alone, the group invested PKR 202 Million on initiatives under the following major categories: Education Healthcare Infrastructure Development Livelihood The company has set up initiatives to develop communities around its plants. It provides education and healthcare by setting up schools and medical facilities. The Company improves the physical infrastructure of the local communities by providing clean water and installing solar systems. It helps improve the livelihood of the local populace through projects such as the HUBCO Rahnuma Program where employees volunteer their time, skills, and efforts to develop communities near plants. HUBCO aims to hire local workers and in line with this provides vocational training programs. Awards and accolades Hub Power Company has achieved the following: Top 7th position in the “Billion Dollar” Club since 2009. First Independent Power Producer in the world. Won the PSX Top 25 Companies Award in 2002, 2003, 2010, 2017, 2018 and 2022. Digital Innovator of the Year in Optimizing Operations Category awarded by General Electrics (GE) in 2017. Winner of Best Place to Work in 2019 conferred by Engage Consulting & Pakistan Society of Human Resource Management (PSHRM). Received the Corporate Excellence Award conferred by Management Association of Pakistan (MAP) in 2019, 2020, 2021 and 2022. Winner of Gender Diversity at Workplace Award conferred by the CFA Society at