The federal government has invited investors to bid for 51 percent to 100 percent stakes in three major electricity distribution companies serving millions of consumers.
The three firms targeted for privatisation are Faisalabad Electric Supply Company, Gujranwala Electric Power Company, and Islamabad Electric Supply Company across Pakistan.
Private investors acquiring these companies will also receive full administrative control, transferring both ownership and operational authority under the formal privatisation process.
Interested investors must submit their Expression of Interest for FESCO by July 07 2026 while GEPCO is August 06 2026 and IESCO September 07 2026.
All interested parties must submit a non-refundable fee of Rs 1.4 million alongside their Expression of Interest to be formally considered by the government.
An online briefing session for prospective investors will be conducted via Zoom on June 03, 2026, ahead of the formal submission deadlines.
Consumer Base Across the 3 Distribution Companies
FESCO currently supplies electricity to approximately 5.7 million consumers spread across central Punjab, making it one of the largest distribution companies in the country.
GEPCO serves approximately 5.1 million consumers across Gujranwala, Sialkot, and several surrounding districts in the Punjab province of Pakistan.
IESCO provides electricity to approximately 4.1 million consumers in Islamabad, Rawalpindi, and parts of Azad Kashmir under its distribution network.
The government has stated that privatising these distribution companies will attract fresh investment and help reduce the energy sector’s growing circular debt.
Mounting losses in the power sector and rising debt levels remain the primary drivers behind the government’s decision to privatise these three companies.
