Karachi: Oil & Gas Development Company Limited (OGDCL) announced the receipt of the fifth interest payment installment from Power Holding (Private) Limited (PHL) on November 25, 2025. This payment, amounting to Rs 7.725 billion, is part of a structured repayment scheme approved by the Government of Pakistan to tackle the ongoing issue of circular debt within the energy sector.
The total interest amount of Rs 92 billion is being repaid in twelve equal monthly installments that began in July 2025. This latest installment signifies continued progress in the government’s efforts to manage and reduce circular debt. The repayment plan is part of a broader strategy aimed at stabilizing the energy sector’s financial commitments.
According to information available from the Pakistan Stock Exchange (PSX), the regular receipt of installments is a critical component for maintaining financial discipline and ensuring liquidity within the sector. OGDCL’s receipt of the fifth installment aligns with the government’s commitment to adhering to the approved debt reduction mechanism.
This disclosure complies with Section 96 of the Securities Act, 2015, and Clause 5.6.1(a) of PSX Regulations, ensuring transparency and information dissemination among stakeholders. The consistent repayments are seen as a positive step towards resolving long-standing financial challenges facing the energy industry in Pakistan.