• First Hydropower IPP in Pakistan.
  • A subsidiary of Hubco, the first thermal IPP of Pakistan.
  • First ADB and IDB co-financing for any project in the world.
  • First IDB private sector financing in Pakistan.
  • First Hydropower Project in Pakistan registered with UNFCCC as CDM Project.

Laraib Energy Limited ("Laraib") is the owner and developer of 84 MW hydroelectric power generating complex known as the New Bong Escape Hydroelectric Power Complex (the "Project") on the Jhelum River in Azad Jammu and Kashmir (AJ&K).

The Project commenced commercial operations on 23rd March 2013 and has the distinction of being Pakistan and AJ&K’s first hydropower IPP. By developing a bankable framework this trendsetting project has paved the way for rapid and full scale development of Pakistan and AJ&K’s hydropower potential.

Euromoney Project Finance

Middle East Renewables Deal of the Year 2009

Chairman's Message

Since its establishment in 1994, HUBCO (The Hub Power Company Limited) has continued to set new precedents for operating efficiency and .