Karachi: Oil & Gas Development Company Limited (OGDCL) has announced the receipt of its fourth interest payment installment from Power Holding (Private) Limited (PHL), a step in the ongoing circular debt settlement plan approved by the Government of Pakistan. The installment, amounting to Rs 7.725 billion, is part of a structured repayment of a total interest amount of Rs 92 billion.

According to information available from the Pakistan Stock Exchange (PSX), this installment represents one of twelve equal monthly payments that commenced in July 2025. The continued disbursement of these funds underscores the government's efforts to mitigate circular debt within the energy sector.

The announcement was made in accordance with Section 96 of the Securities Act, 2015, and Clause 5.6.1(a) of PSX Regulations, ensuring that the information is disseminated among market participants.