Oil and Gas Development Company Limited (OGDCL) has received its seventh consecutive monthly interest payment from Power Holding (Private) Limited under the government’s Circular Debt Settlement Plan.
The latest instalment of Rs. 7.725 billion brings the total interest recovered to around Rs. 54 billion.
The payment is part of a government-approved plan to clear Rs. 92 billion in accrued interest on Term Finance Certificates in 12 equal monthly instalments, which started in July 2025 and will continue until mid-2026.
This follows the federal government’s clearance of Rs. 82 billion in principal dues in June 2024, aimed at easing cash flow in Pakistan’s energy sector.
OGDCL said these consistent payments are improving its cash position and supporting ongoing exploration and production activities.