FT Markets Data
Oil and Gas Development Co Ltd

RECEIPT OF RS 41.8 BILLION FROM UCH POWER

Source: RNS
RNS Number : 1415L
Oil and Gas Development Company Ltd
11 December 2025
 

 

 

 

 

 

CS04-08 (PSX/LSE/SECP)

December 11, 2025

 

The General Manager,

Pakistan Stock Exchange Limited,
Stock Exchange Building,

Stock Exchange Road,
Karachi-74000, Pakistan.

London Stock Exchange Plc.,

10 Paternoster Square,

London EC4M 7LS.

 

Tel: (44) 20 7334 8907

 

Subject:        RECEIPT OF RS 41.8 BILLION FROM UCH POWER (PRIVATE) LIMITED

 

Dear Sir, 

We are pleased to inform that, as part of the circular debt settlement, OGDCL has received Rs 41.8 Billion from Uch Power (Private) Limited against outstanding receivables. This receipt reflects Government of Pakistan's initiative to address circular debt in 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,

Offsite-II Department, Supervision Division,

Securities & Exchange Commission of Pakistan,63,

NIC Building, Jinnah Avenue, Blue Area,

Islamabad.

 

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