Expression of Interest for Private Sector Participation in Privatisation of Islamabad Electric Supply Company Limited (IESCO)

The Privatisation Commission invites Expressions of Interest (EOI) from the private sector for participation in the privatisation of Islamabad Electric Supply Company Limited (IESCO). This initiative involves the acquisition of 51% to 100% share capital together with management control in each of the three companies: Faisalabad Electric Supply Company (FESCO), Gujranwala Electric Power Company (GEPCO), and Islamabad Electric Supply Company (IESCO). The EOI submission deadline for IESCO has been extended to 21st September 2026 at 16:00 Hours PKT. Interested parties are encouraged to submit their EOIs within this timeframe to ensure consideration. Items being procured: - Acquisition of 51% to 100% share capital and management control in FESCO - Acquisition of 51% to 100% share capital and management control in GEPCO - Acquisition of 51% to 100% share capital and management control in IESCO This opportunity is aimed at facilitating private sector participation to enhance operational efficiency and management of these electric supply companies. The process is managed by the Privatisation Commission, which ensures a transparent and competitive bidding environment. Interested bidders should ensure compliance with all terms and conditions as outlined by the Privatisation Commission. The submission of EOIs must be done in accordance with the instructions provided on the official web portal. A practical tip for bidders is to carefully review the detailed requirements and eligibility criteria on the official website and prepare all necessary documentation in advance to avoid last-minute issues. Early submission is recommended to accommodate any unforeseen delays. For further details and submission, visit the official web link: https://privatisation.gov.pk/Batch-I-DISCOs-EOI