Invitation for Proposal for Investment of Rs. 10,741 Million Pension Fund Trust & Rs. 9,746 Million Consumer Security Account in Term Deposit Receipt (TDR) & T-Bills

Islamabad Electric Supply Company (IESCO) invites proposals from eligible banks for investment of Rs. 10,741 million of IESCO Employees Pension Fund Trust and Rs. 9,746 million of IESCO Consumer Security Account in Term Deposit Receipt (TDR) and Treasury Bills (T-Bills). The bidding documents must be uploaded on E-pads Version 1.0, which is open to Public and Private Sector Banks including Islamic Banks fulfilling the criteria of minimum Short-Term Rating of 'A1+' and minimum Long-Term Rating of 'AAA' as per the latest Credit Rating from the State Bank of Pakistan. Items being procured: - Lot No 1: IESCO Consumer Security Deposit 2,436 million, Plan Assets of Retirement Benefits 2,685 million - Lot No 2: IESCO Consumer Security Deposit 2,436 million, Plan Assets of Retirement Benefits 2,685 million - Lot No 3: IESCO Consumer Security Deposit 2,436 million, Plan Assets of Retirement Benefits 2,685 million - Lot No 4: IESCO Consumer Security Deposit 2,438 million, Plan Assets of Retirement Benefits 2,686 million The investments are to be made with a maturity period of 1 year. Banks must submit/upload a single bid for each lot separately on E-pad version 1.0 before the deadline. Hard copies of bids in sealed envelopes for term deposit and T-bills must also be submitted at the Committee Room of IESCO Headquarter, Street 40, Sector G-7/4 Islamabad by 30-09-2026 at 11:00 AM, when bids will be opened. Eligibility requires banks to provide a letter indicating their current Short-Term and Long-Term ratings issued by SBP. IESCO will not invest more than 20% of the Employees Pension Fund Trust account in a single bank. Profit rates must be valid for at least 15 days from 30-09-2026 and extendable on request. The Management Investment Committee reserves the right to cancel the bidding process as per PPRA Rules 33(1). One practical tip for bidders: Ensure your registration on E-pad version 1.0 well in advance to avoid last-minute technical issues and submit all required documents including rating letters and bid security on time to avoid disqualification.