OGDC receives Rs41.8bn from Uch Power

December 11, 2025 (MLN): The Oil and Gas Development Company Limited (PSX: OGDC) has reported a significant inflow of Rs41.8 billion from Uch Power (Private) Limited under the government’s ongoing circular debt settlement initiative, according to a notification issued to the Pakistan Stock Exchange (PSX) today.

The receipt pertains to long-standing outstanding receivables and marks another major step in the government’s efforts to streamline liquidity flows across the energy chain.

OGDC stated that the payment reflects the authorities’ continued resolve to tackle circular debt buildup in the sector, which has remained one of the most critical challenges for Pakistan’s energy and fiscal stability.

The latest development follows an earlier update shared by the company on November 25, 2025, when OGDC received the fifth monthly interest installment worth Rs7.725 billion, from Power Holding (Private) Limited (PHL) under the Government of Pakistan–approved settlement mechanism.

Under the plan, a total interest amount of Rs92 billion is being repaid to OGDC in twelve equal monthly installments starting July 2025.

Improved cash inflows from Uch Power, alongside the regular repayments from PHL, are expected to strengthen OGDCL’s financial position and support its operational requirements.

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