The Privatisation Commission has invited expressions of interest (EOIs) from local and international investors for the sale of three electricity distribution companies (Discos): Faisalabad Electric Supply Company (Fesco), Gujranwala Electric Power Company (Gepco), and Islamabad Electric Supply Company (Iesco). The deadline for submitting EOIs is in the first quarter of the next fiscal year. These companies are considered the most viable among 11 originally carved out from Wapda in 1998, aimed at improving service quality through private-sector management practices. The initiative forms part of Pakistan’s broader economic reform agenda to improve efficiency, strengthen service delivery, attract investment and promote sustainable growth in the power sector. Interested parties can submit individually or as part of a consortium, with separate submissions required for each Disco. An online investor briefing will be conducted to highlight investment opportunities, transaction structure, and procedural requirements. The Privatisation Commission emphasizes that these reforms aim to create a performance-based return regime while enabling private sector buyers to leverage Disco infrastructure and customer base.
Source: Original report
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