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RECEIPT OF RS 8.3 BILLION FROM UCH POWER PVT LTD

By Sharecast

Date: Friday 02 Jan 2026






RNS Number : 3664N
Oil and Gas Development Company Ltd
01 January 2026
 



 


 


 


 


 


CS04-08 (PSX/LSE/SECP)/1


January 01, 2026


 










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 8.3 BILLION FROM UCH POWER (PRIVATE) LIMITED


 


Dear Sir, 


In continuation of our earlier announcement dated December 11, 2025, we are pleased to inform that, as part of the circular debt settlement, OGDCL has further received Rs 8.3 Billion from Uch Power (Private) Limited towards settlement of 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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