Privatisation Commission RFP Clarification — Financial Advisor for Privatization of Pakistan Reinsurance Company Limited (PRCL)
Privatisation Commission RFP Clarification · Rawalpindi/Islamabad · Jang,
Tender advertisement published in Jang on Friday, 18 September 2026, listed under Rawalpindi/Islamabad. Issued by Privatisation Commission RFP Clarification.
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Privatisation Commission, Government of Pakistan, invites technical and financial proposals for hiring a Financial Advisor for the privatization of Pakistan Reinsurance Company Limited (PRCL). This notice issues a clarification to the RFP available at the Privatisation Commission website.
| Issuer | Privatisation Commission, Government of Pakistan |
|---|---|
| Purpose | Hiring of Financial Advisor for privatization of Pakistan Reinsurance Company Limited (PRCL) |
| RFP / Information | RFP available at: https://privatisation.gov.pk/PRCL |
| Advertisement Dates | 28, 29 and 31 August, 2026 |
| Clarification (RFP Appendix A) | In Appendix A to the RFP: under Section 1 of Terms of Reference (page 38) the words "upto Seventy-five percent (75%) of its entire shareholding in PRCL" and under Section 3 of Terms of Reference (page 40) the words "upto Seventy-five percent (75%) of GoP shareholding in PRCL" shall be substituted with: "upto 51% of GoP's direct shareholding and GoP's 24.41% indirect shareholding in PRCL". |
| Contact for Queries | Transaction Manager, Privatisation Commission Email: [email protected] Phone: +92-51-9217972 |
| Authorized Signatory | Asif Jalal Bhatti, Advisor (Power-II), Privatisation Commission, Government of Pakistan |
| PID | PID (I) 2552/26 |
Prospective bidders should refer to the RFP on the Commission website and note the above amendment when preparing and submitting technical and financial proposals.
Published in Jang on Friday, 18 September 2026. DailyAds.pk indexes newspaper advertisements; the original notice and the issuing organisation remain the source for final terms and eligibility.
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