Hubco's update on four units

Published October 6, 2004

KARACHI, Oct 5: The Hub Power Company Limited (Hubco) delivered an 'updated status report' on all four units of the Independent Power Producer on Tuesday, which was announced at the Karachi Stock Exchange.

According to the company announcement, Unit No.1 remained on schedule outage and all necessary steps had been taken to procure the replacements for the damaged blades. "Further progress on this unit will be advised in due course", the company said.

Regarding Unit No.2, the company observed that it was fully operational and available for dispatch. Unit No.3 was said to have been repaired and was back in full operational status and available for dispatch.

Unit No.4 had been repaired and was under testing. "We will inform you when this unit is available for commercial operation", Hubco told the KSE in its concluding remark.

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