IESCO Invites Proposals to Invest Rs.13,426 Million of Employees Pension Fund in TDRs & T-Bills

Issuer: Islamabad Electric Supply Company (IESCO) – Management Investment Committee.

Purpose: Invitation for proposals to invest Rs. 13,426 million belonging to the IESCO Employees Pension Fund Trust in short-term instruments: Term Deposit Receipts (TDRs) and Treasury Bills (T-Bills).

Eligible bidders: Scheduled banks (including Islamic banks) meeting the eligibility and credit/rating criteria set out in the bidding documents.

How to apply: Bidding/investment proposals must be submitted in accordance with the instructions and requirements in the bidding documents. Bidding documents and full terms are available as per the procurement notice (electronic procurement portal and IESCO office). Interested banks should obtain the bidding documents, complete required registration, and submit proposals by the stated deadline.

Contact / Submission address: Secretary, Management Investment Committee, IESCO Headquarters, Street No. 40, Sector G-7/4, Islamabad. (Telephone block shown on the notice for queries.)

Notes: Proposal validity, bid security, detailed eligibility, submission procedure and other mandatory conditions are provided in the bidding documents; bidders must follow those requirements exactly.