Karachi (Commerce Desk): The government has released the ninth installment to OGDCL under the Circular Debt Settlement Plan. A payment of PKR 7.725 billion was made through Power Holding Private Limited.
OGDCL has also shared details of the Term Finance Certificates with both the Pakistan and London Stock Exchanges. According to the government letter, the payment for circular debt was made through Term Finance Certificates as per the approved mechanism.
The letter further stated that interest payments of PKR 92 billion on circular debt will be completed in 12 monthly installments, which began in July 2025.
Experts say this step marks an important development in promoting financial stability and transparency in the energy sector, expected to boost investor confidence and market trust.
