Overview
- Pakistan’s Privatisation Commission invited expressions of interest on Tuesday, offering 51% to 100% stakes with management control in the three distributors.
- EOI deadlines are set company by company: July 7 for FESCO, August 6 for GEPCO, and September 7 for IESCO.
- Applicants must pay a non‑refundable Rs1.4 million per company, with an online investor briefing scheduled for June 3.
- Investors must file separate EOIs and Statements of Qualification, and only pre‑qualified parties will get virtual data‑room access for due diligence.
- FESCO, GEPCO and IESCO serve more than 14 million customers in Punjab and the Islamabad region, and officials say the sell‑offs aim to cut losses and circular debt as regulators refine tariffs and a performance‑based return regime.