Oil & Gas Development Company Limited has received Rs 7.725 billion as the eighth monthly interest installment from Power Holding (Private) Limited under the government-approved circular debt settlement mechanism.
The payment forms part of a total Rs 92 billion interest amount to be repaid in 12 equal monthly installments, which began in July 2025. Each installment amounts to Rs 7.725 billion.
The company said the receipt marks continued implementation of the government’s plan to address circular debt in the energy sector.