Pakistan extends deadline for IESCO privatization EOIs to Sept. 21

Pakistan's Privatisation Commission has extended the deadline for investors to submit expressions of interest in the privatization of Islamabad Electric Supply Company Ltd. (IESCO) to September 21, 2026.

The commission said Friday the extension would give local and international investors more time to conduct due diligence.

When is the new deadline for IESCO privatisation bids?

Interested investors must submit their expressions of interest for IESCO by 4 p.m. Pakistan time on September 21, 2026. All other terms and conditions of the privatisation process remain unchanged, the commission said, and the extension is intended to encourage broader participation in a competitive and transparent process.

Which power companies are being privatised in Pakistan?

The move is part of the government's broader privatisation programme covering three state-owned power distribution companies. Pakistan is seeking private-sector participation through the sale of 51 percent to 100 percent of the share capital, along with management control, in Faisalabad Electric Supply Company, Gujranwala Electric Power Company and IESCO.

Why did Pakistan extend the IESCO EOI deadline?

The commission said the extension would allow prospective investors additional time to complete technical, financial and other due diligence before submitting their proposals. The government has been pursuing power-sector reforms, including private-sector participation in electricity distribution companies, as part of efforts to improve operational efficiency and ease the financial burden associated with state-owned enterprises.

Further information and the relevant expression-of-interest documents are available through the Privatisation Commission.