Lahore: Kohinoor Energy Limited responded to a letter from the Pakistan Stock Exchange dated July 04, 2025, concerning a media article discussing circular debt payments. The company clarified that it has not received any official communication regarding the contents of the article published by Mettis Global Link News, titled "The Silent Transition in Circular Debt: Fiscal Year Closes, Market Awaits Clarity."

In its communication, Kohinoor Energy Limited emphasized its commitment to transparency and compliance with the Pakistan Stock Exchange's reporting regulations. The company assured stakeholders that any confirmed information about circular debt payments to generation companies (GENCOs) and independent power producers (IPPs) would be promptly communicated through the Pakistan Unified Corporate Action Reporting System (PUCARS). This is in accordance with the PSX Regulations, specifically Clause 5.6.1 and Clause 5.6.2.

According to information available from the Pakistan Stock Exchange (PSX), Kohinoor Energy Limited reaffirmed its dedication to keeping the market informed of any significant developments related to the circular debt issue. The company's statement comes amid heightened anticipation in the energy market for clarity on the resolution of circular debt payments.

Kohinoor Energy Limited reiterated its pledge to adhere to all reporting obligations and to update the PSX with any material information that could impact the company's operations or financial standing. The market continues to monitor developments closely, awaiting further announcements from relevant authorities and companies involved.