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Privatisation of FESCO, GEPCO and IESCO Batch I DISCOs

Tender No: PID(I)796/26
Expired Tender
Closing Date:
2026-05-26

Tender Overview

Category
Miscellaneous
Sector
Consultancy
Tender Type
Consultancy
Procurement Method
Request for Statement of Qualification (RSOQ)
Submission Method
Technical Bid Submission
Source Name
Newspaper

Location & Dates

Country
Pakistan
Publish Date
2026-07-26
Closing Date
2026-05-26
Created At
2026-07-26 20:11:32

Contact & Websites

Contact Person
Privatisation Commission
Contact Phone
+92 51 920 8510, +92 51 920 4593
Contact Email
batch1discos@privatisation.gov.pk
Website
https://privatisation.gov.pk/Batch-I-DISCOs-EOI
Original Source
https://privatisation.gov.pk/Batch-I-DISCOs-EOI

Tender Document

Tender Document

Tender Description

The Privatisation Commission of Pakistan invites qualified entities to submit their Statements of Qualification for the privatisation of Batch I Distribution Companies (DISCOs) including Faisalabad Electric Supply Company (FESCO), Gujranwala Electric Power Company (GEPCO), and Islamabad Electric Supply Company (IESCO). This tender is issued by the Privatisation Commission and is aimed at experienced firms capable of undertaking the privatisation process of these major electric supply companies. Items being procured: - Expression of Interest (EOI) for privatisation of Batch I DISCOs: FESCO, GEPCO, IESCO The scope involves submission of audited financial statements as part of the qualification criteria. The key amendment in the RSOQ document requires the last three years audited financial statements of the entity, with the latest not older than the financial year ended June 30, 2025. If financial statements for a subsequent year are not audited yet, management accounts may be submitted along with a letter from the auditor confirming the audit timeline, which must be completed by October 31, 2026. Eligible bidders must be registered with FBR and ATL, and demonstrate relevant experience in privatisation or similar consultancy services. The tender emphasizes the importance of compliance with financial documentation and quality control review ratings by the Institute of Chartered Accountants of Pakistan or equivalent bodies. The tender was published on 19th May 2026, with a submission deadline of 26th May 2026 at 23:59:59. Interested parties should submit their technical bids to the Privatisation Commission office. Contact details include phone numbers +92 51 920 8510 and +92 51 920 4593, and email batch1discos@privatisation.gov.pk. A practical tip for bidders is to ensure all financial documents are thoroughly audited and comply with the revised definition to avoid disqualification. Early submission is advised to accommodate any clarifications or additional documentation requests.
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