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

Islamabad Electric Supply Company Ltd (IESCO) invites proposals from eligible banks for investment of Rs. 10,741 million from the IESCO Employees Pension Fund Trust and Rs. 9,746 million from the Consumer Security Account in Term Deposit Receipt (TDR) and T-Bills with one year maturity. The bidding documents will be available on E-Pads Version 1.0 portal, and only banks registered on this platform with minimum Short-Term Rating of 'A1+' and Long-Term Rating of 'AAA' as per State Bank of Pakistan are eligible to participate. Items being procured: - Lot No 1: IESCO Consumer Security Deposit Rs. 2,436 million, Plan Assets of Retirement Benefits Rs. 2,685 million - Lot No 2: IESCO Consumer Security Deposit Rs. 2,436 million, Plan Assets of Retirement Benefits Rs. 2,685 million - Lot No 3: IESCO Consumer Security Deposit Rs. 2,436 million, Plan Assets of Retirement Benefits Rs. 2,685 million - Lot No 4: IESCO Consumer Security Deposit Rs. 2,438 million, Plan Assets of Retirement Benefits Rs. 2,686 million The investment will be split such that no more than 20% of the Employees Pension Fund Trust or Consumer Security Deposit is invested in a single bank. The fund base for the Pension Fund Trust is Rs. 13,426 million and for the Consumer Security Deposit Rs. 12,182 million. Bidders must submit/upload a single bid for each lot separately on E-Pads before the deadline. Hard copies of bids in sealed envelopes for term deposit and T-bills must also be submitted. The bids will be opened online on 30-09-2026 at 11:00 AM in the Committee Room of IESCO Headquarters, Street 40, Sector G-7/4 Islamabad. Banks must bring a letter indicating their current short-term and long-term ratings issued by SBP. Profit rates quoted should be valid for at least 15 days from 30-09-2026 and are extendable on IESCO's request. No penalty will be charged for premature encashment if IESCO withdraws investment before maturity. In case of holidays or strikes on the proposal opening date, the opening will be held on the next working day at the same time and venue. The Management Investment Committee of IESCO reserves the right to cancel the bidding process as per PPRA Rules 33(1).