ISLAMABAD: The Privatisation Commission (PC) has pushed back the deadline for submitting Expressions of Interest (EOIs) for the sale of Islamabad Electric Supply Company Limited (IESCO) to private investors.
The new deadline is now September 21, 2026, at 4pm Pakistan Standard Time, the commission said in a statement issued on Saturday.
Officials said the extension was granted to give local and international investors more room to participate, and to make the overall privatisation process more competitive and transparent.
Under the government’s broader privatisation plan, private investors are being offered the chance to acquire between 51 and 100 per cent of share capital — along with management control — in three power distribution companies: Faisalabad Electric Supply Company (FESCO), Gujranwala Electric Power Company (GEPCO), and IESCO.
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The commission clarified that all other terms and conditions of the EOI process remain unchanged.
“The extension is aimed at providing prospective investors additional time to complete their due diligence and submit their EOIs, thereby supporting a competitive investor participation process,” the PC said in its statement.
Investors interested in the process can access further details and relevant documents through the Privatisation Commission’s official website.
