Receipt Of Twelfth And Final Interest Payment Under Term Finance Certificates (TFCs) By Power Holding Limited

With reference to our earlier disclosures, we are pleased to inform that, as part of the circular debt settlement plan, OGDCL has received the twelfth and the final installment of Rs 7.725 billion, as interest payment from Power Holding (Private) Limited (PHL), pursuant to the Government of Pakistan (GOP) approved mechanism.
A total interest amount of Rs 92 billion has been received. The receipt of these funds reflects continued progress under the Government of Pakistan's initiative to address and reduce circular debt within 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.