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

The Privatisation Commission of Pakistan invites technical and financial proposals for the hiring of a Financial Advisor to facilitate private sector participation in two Distribution Companies (DISCOs), namely Peshawar Electric Supply Company (PESCO) and Hyderabad Electric Supply Company (HAZECO). This notice serves as an extension of the original deadline to allow a more competitive process for submission 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 includes providing expert financial advisory services to support the privatisation process of these two DISCOs, ensuring compliance with regulatory frameworks and facilitating smooth transition to private sector involvement. The advisor will be expected to prepare detailed financial models, conduct due diligence, and assist in transaction structuring. Eligible bidders should have relevant experience in financial advisory for energy sector privatisation, be registered with FBR and appear on the Active Taxpayers List (ATL). Earnest money or bid security requirements are not specified in this notice. The revised deadline for submission of technical and financial proposals is **October 15, 2026 at 03:00 p.m. (PST)**. Proposals should be submitted to the Privatisation Commission as per the original RFP terms. A practical tip for bidders: Ensure your technical proposal clearly demonstrates your experience with energy sector privatisation and includes all required documentation to avoid disqualification during the technical evaluation stage.