June 24, 2026
OGDCL receives final Rs7.73 billion interest payment from Power Holding under circular debt plan
Company says total interest receipts under TFC mechanism have reached Rs92 billion as government continues energy-sector debt settlement
June 24, 2026
The Oil and Gas Development Company Limited has received the twelfth and final interest payment of Rs7.725 billion from Power Holding (Private) Limited under the government-approved circular debt settlement mechanism.
According to a notice submitted to the Pakistan Stock Exchange on Wednesday, the payment was made under Term Finance Certificates (TFC) as part of the circular debt settlement plan.
The OGDCL said total interest receipts under the mechanism have now reached Rs92 billion.
The company said the receipt of funds reflected continued progress under the Government of Pakistan’s initiative to address and reduce circular debt in the energy sector.
The disclosure was made under Section 96 of the Securities Act, 2015 and Clause 5.6.1(a) of PSX Regulations.
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