ISLAMABAD: The Privatisation Commission (PC) has extended the deadline for submission of Expressions of Interest (EOIs) from private investors for the privatisation of Islamabad Electric Supply Company Limited (IESCO) to September 21, 2026. According to the Private Commission’s spokesperson, interested investors can now submit their EOIs by 4:00 p.m. (PKT) on September 21, 2026. The commission said the extension was aimed at facilitating local and international investors and ensuring wider participation in the privatisation process. Under the government’s privatisation programme, private sector participation is being sought through the acquisition of 51 to 100 per cent share capital, along with management control, in three power distribution companies: Faisalabad Electric Supply Company (FESCO), Gujranwala Electric Power Company (GEPCO) and IESCO. The PC said the additional time would enable prospective investors to complete their due diligence and submit their EOIs, helping ensure a more competitive and transparent process. DNA
