Habibullah Coastal Power Company (PVT) Limited

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Habibullah Coastal Power Company (PVT) Limited - overview

Established

1999

Location

Quetta, -, Pakistan

Primary Industry

Power & Utilities

About

Habibullah Coastal Power Company (HCPC) is dedicated to generating electricity through its advanced gas-fired combined cycle power plant, utilizing state-of-the-art technology to meet energy demands in Pakistan. Founded in 1999, Habibullah Coastal Power Company (HCPC) operates in Quetta, Pakistan, focusing on electricity generation. The company was established to address the energy needs of local industries and utility providers. The founder has not been specified in the available information.


HCPC has engaged in one notable deal, with Ithaca Capital Management acquiring the company, although financial terms were not disclosed. Habibullah Coastal Power Company (HCPC) operates a state-of-the-art gas-fired combined cycle power plant, primarily generating electricity through a sophisticated configuration that includes three GE LM6000PA gas turbines and a Mitsubishi steam turbine. The plant's combined capacity of 140 MW enables it to provide a reliable power supply to meet the growing energy demands of its clients. HCPC's core offerings focus on delivering dependable energy solutions that significantly contribute to economic growth and community welfare.


The company's services cater primarily to industrial clients and local utility companies within Pakistan, delivering electricity to both large-scale consumers and local communities. HCPC plays a pivotal role in the energy sector in Balochistan, ensuring uninterrupted power generation while adhering to stringent regulatory standards. Revenue generation at Habibullah Coastal Power Company is primarily derived from the sale of electricity to industrial clients and local utility providers. The company operates under a B2B model, entering into agreements with clients to supply specified amounts of power at established rates.


Transactions are structured around long-term contracts that ensure stability in revenue flow, with pricing determined by market conditions and regulatory frameworks. HCPC's flagship service involves the provision of reliable electricity that supports various industrial operations, thereby facilitating regional economic development. The company's commitment to operational excellence and adherence to safety and regulatory standards further solidifies its position as a trusted energy provider in the market. Habibullah Coastal Power Company (HCPC) is strategizing for future growth through the exploration of new power generation projects and potential geographical expansion within Pakistan.


The recent acquisition by Ithaca Capital Management will likely provide the necessary resources to implement these initiatives. Specific details regarding upcoming launches or expansion timelines have not been disclosed.


Current Investors

Ithaca Capital Management

Primary Industry

Power & Utilities

Sub Industries

Power Plant

Website

www.hcpc.com.pk

Company Stage

Mature - Buyout

Total Amount Raised

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Habibullah Coastal Power Company (PVT) Limited - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
BuyoutCompletedHabibullah Coastal Power Company (PVT) Limited-

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