Islamabad: Oil & Gas Development Company Limited (OGDCL) announced the receipt of the sixth installment of interest payments from Power Holding (Private) Limited (PHL), amounting to Rs 7.725 billion, on December 24, 2025. This payment is part of a series of twelve equal monthly installments agreed upon under a government-approved mechanism to manage circular debt in Pakistan’s energy sector.
The total interest amount of Rs 92 billion is scheduled to be repaid in equal installments, starting from July 2025. OGDCL’s receipt of this installment marks a step forward in the Government of Pakistan’s efforts to mitigate circular debt issues, ensuring financial stability and continuity in the energy sector.
According to information available from the Pakistan Stock Exchange (PSX), the transaction is disclosed under Section 96 of the Securities Act, 2015, and Clause 5.6.1(a) of PSX Regulations. This disclosure is intended for dissemination among members to ensure transparency and compliance with regulatory requirements.