China Power Hub Generation Company Ltd (CPHGC) served on Wednesday an “encashment notice” of $150 million on the bank that issued a standby letter of credit (SBLC) on behalf of the Hub Power Company Ltd (Hubco). Hubco and China Power International Holdings Ltd are joint-venture partners in the 1,320-megawatt power plant based on imported coal. Speaking to Dawn, Optimus Capital Management Ltd