REG - Oil and Gas Devt Co - RECEIPT OF RS 41.8 BILLION FROM UCH POWER

Oil And Gas Development CoAnnouncement

11/12/2025 07:00

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

 

 

 

 

 

CS04-08 (PSX/LSE/SECP)

December 11, 2025

 

 The General Manager,               London Stock Exchange Plc.,

 Pakistan Stock Exchange Limited,   10 Paternoster Square,

Stock Exchange Building,

                                  London EC4M 7LS.
 Stock Exchange Road,

Karachi-74000, Pakistan.

                                    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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