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Description / Scope of Work
The Privatisation Commission, Ministry of Energy (Power Division) in Islamabad, Federal Government invites Expressions of Interest (EoI) from qualified national and international investors for the landmark privatization of the Islamabad Electric Supply Company (IESCO). This major federal undertaking involves the strategic sale of a 51% to 100% equity stake in the utility firm, which will completely transfer functional administrative and operational management control to the successful private sector bidder. Providing essential electrical power to over 4.1 million consumers spanning Islamabad, Rawalpindi, and sections of Azad Jammu and Kashmir, this transaction represents a cornerstone strategy to attract critical corporate investment and reduce the national circular energy debt. Interested corporate entities, financial consortia, and strategic operators are required to remit a mandatory, non-refundable processing fee of 1.4 million Rupees along with their formal administrative documentation. A virtual pre-bid clarification and briefing session will be hosted via Zoom on 03 June 2026 to answer prospective buyer queries. Comprehensive technical qualification applications and financial proposals must be compiled and submitted securely to the commission before the closing deadline on 07 September 2026.