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Oil and Gas Development Company Ltd (OGDCL) announced on June 24, 2026, the receipt of the twelfth and final interest payment of Rs 7.725 billion. This payment was received from Power Holding (Private) Limited (PHL) under Term Finance Certificates. OGDCL has now received a total interest amount of Rs 92 billion.
| Date | 24 Jun 2026 |
| Time | 10:01:44 |
| Category | Miscellaneous |
| ID | 5718J |
CS04-08 (PSX/LSE/SECP)
June 24, 2026
|
The General Manager, Pakistan Stock Exchange Limited, Stock Exchange Road, |
London Stock Exchange Plc., 10 Paternoster Square, London EC4M 7LS.
Tel: (44) 20 7334 8907 |
Subject: RECEIPT OF TWELFTH AND FINAL INTEREST PAYMENT UNDER TERM FINANCE CERTIFICATES (TFCs) BY POWER HOLDING LIMITED
Dear Sir,
With reference to our earlier disclosures, we are pleased to inform that, as part of the circular debt settlement plan, OGDCL has received the twelfth and the final installment of Rs 7.725 billion, as interest payment from Power Holding (Private) Limited (PHL), pursuant to the Government of Pakistan (GOP) approved mechanism.
A total interest amount of Rs 92 billion has been received. The receipt of these funds reflects continued progress under the Government of Pakistan's initiative to address and reduce circular debt within the energy sector.
The above information is submitted in compliance of Section 96 of the Securities Act, 2015 and Clause 5.6.1(a) of PSX Regulations, for dissemination amongst your members please.
Yours Sincerely,
(Wasim Ahmad)
Company Secretary
Copy:
Executive Director/HOD, SECP-63, NIC Building, Blue Area, Islamabad