IESCO Invitation for Bids: Investment of PKR 10,741m (Pension Fund) & PKR 9,746m (Consumer Security) in TDRs/T‑Bills

Islamabad Electric Supply Company (IESCO) invites sealed/electronic bids from public and private scheduled banks (including Islamic banks) for investment of funds in Term Deposit Receipts (TDRs) and Government T‑Bills. The total amounts available for investment are PKR 10,741 million (IESCO Employees Pension Fund Trust) and PKR 9,746 million (IESCO Consumer Security Account). Bidders must submit a separate single bid for each lot via IESCO's e‑portal as specified in the bidding documents.

Key instructions and eligibility:

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

- Purpose: Investment of Pension Fund Trust and Consumer Security Account funds in TDRs and T‑Bills.

- Eligible bidders: Public and private scheduled banks (including Islamic banks) meeting the qualification criteria stated in the bidding documents.

- Submission method: Submit/upload a single bid for each lot separately through IESCO's e‑portal (per the bidding documents).

For full terms, eligibility criteria, bidding procedure, and bid submission instructions refer to the bidding documents available on IESCO's e‑portal or contact the IESCO Investment Committee at IESCO Head Office.