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Baba BanarasFact CheckSudhir Mishra

Pakistan-based “Hub Power Company” Bought Electoral Bonds and Donated to Political Parties in India? Fact-Check

Following the publication of the State Bank of India’s (SBI) electoral bond details on the Election Commission of India’s (ECI) official website, reports have emerged that the Pakistan-based “Hub Power Company” purchased electoral bonds and made donations to political parties in the weeks following the 2019 Pulwama terror attack.

Verified accounts on twitter, including @Iam_Rohit_G tweeted “HUB Power Company (A pakistani Company) purchases Electoral bond worth 95 lakhs on 18th April 2019. AAM AADMI PARTY ENCASHED 20 LAKH BOND ON 18TH ARPIL 2019. Connect the dots..” on March 14, 2024. The tweet has received an about 84.8k views on X.

Several other accounts, including @imraaz85, @RealBababanaras, @mr_mayank, @Sagar4BJP, @Sudhir_mish, @Awhadspeaks, @SP_Prahari, @IAbhay_Pratap, @jpsin1 made the same claim that immediately after the Pulwama attack, Pakistan’s power company Hub Power Company bought electrical bonds and donated it to an Indian political party. The archive can be read from above.

What is the Actual Truth About this Incident? : Fact

The aforementioned company is really headquartered in Delhi and is an Indian company. Pakistan has nothing to do with it. The business is listed on the GST portal. From the GST portal, it can be seen that the Trade Name is Hub Power Company and Administrative Office is in Delhi. We visited Indiamart, where we can also see the company being listed with GST GST-07BWNPM0985J1ZX. So, it is not related to Pakistan at all.

D-Intent’s Fact-Checking Results:


Political influencers are circulating false claims about the electoral bonds to set their political narrative to influence the upcoming general elections. After the Election Commission of India (ECI) published the electoral bond details provided by the State Bank of India (SBI) on its official website, news has surfaced claiming that Pakistan-based “Hub Power Company” bought electoral bonds and donated to political parties weeks after the Pulwama terror attack in 2019. The corporation in question actually is situated in Delhi, India. It has no link to Pakistan. The company is registered with the GST portal.


Fact : The fact is that the said company is from India and is based in Delhi. It has no connection with Pakistan. The company is registered on the GST portal.

Also Read : These Two Dead Bodies Of Teenagers Are Not From Gaza But Syria, Here Is The Truth: Fact-Check 

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