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

The Privatisation Commission of Pakistan invites qualified firms to submit their Technical and Financial Proposals for the hiring of a Financial Advisor to facilitate private sector participation in two Distribution Companies (DISCOs), namely PESCO and HAZECO. This extension of the deadline aims to ensure a more competitive bidding process and better quality submissions. Items being procured: - Financial advisory services for private sector participation in PESCO - Financial advisory services for private sector participation in HAZECO The scope of work includes providing expert financial advisory services to support the privatisation process of these two DISCOs. The advisor will be expected to assist in structuring transactions, conducting due diligence, and facilitating negotiations with potential private sector investors. This engagement requires firms with proven experience in financial advisory roles within the energy sector, particularly in public-private partnership projects. Interested bidders must ensure compliance with all terms and conditions outlined in the original Request for Proposal (RFP), which remain unchanged except for the extended submission deadline. The submission deadline is now set for 28th September 2026 at 03:00 p.m. (PST). Proposals should be submitted in accordance with the instructions provided in the RFP document. A practical tip for bidders: Carefully review the original RFP document to ensure all technical and financial requirements are met, and submit your proposals well before the deadline to avoid last-minute issues. Early submission also allows time for any clarifications or queries to be addressed by the Privatisation Commission. This opportunity is based in Islamabad, under the authority of the Privatisation Commission, a federal government body responsible for overseeing privatisation initiatives across Pakistan.