Hiring of Financial Advisor for Private Sector Participation in PESCO and HAZECO

The Privatisation Commission of Pakistan has extended the deadline for submission of Technical and Financial Proposals for hiring a Financial Advisor to facilitate private sector participation in two distribution companies, namely PESCO and HAZECO. This extension aims to ensure a more competitive process and better quality of proposals. Items being procured: - Financial advisory services for private sector participation in PESCO - Financial advisory services for private sector participation in HAZECO The scope involves providing expert financial advisory services to support the privatisation process of these two power distribution companies. The advisor will be expected to assist in structuring, valuation, and transaction management to attract private investment. Interested bidders should have relevant experience in financial advisory for energy sector privatisation, be registered with FBR and on the Active Taxpayers List, and demonstrate capability to handle complex financial transactions. Earnest money and PEC category requirements are not specified in this notice. The revised submission deadline is **September 17, 2026, at 03:00 p.m. (PST)**. Proposals must be submitted to the Privatisation Commission office in Islamabad as per the original RFP instructions. A practical tip for bidders is to ensure all technical and financial documents are complete and compliant with the original RFP terms, as no other changes have been made except the deadline extension. Early submission is advised to avoid last-minute issues.