Pakistan has postponed the deadline for companies interested in buying the Islamabad Electric Supply Company Limited (IESCO) to September 21. The Privatization Commission announced the extension on Saturday. The move aims to encourage more private investment in the energy sector. IESCO is a state-owned power distributor in Islamabad. The privatization process is part of broader efforts to increase private sector involvement in the country’s energy infrastructure. The new deadline gives potential buyers more time to submit their proposals. The government hopes the sale will improve efficiency and service quality. The privatization of state-owned enterprises is a key policy goal in Pakistan. The extension reflects ongoing efforts to attract private capital to the energy sector. The decision comes amid continued challenges in the country’s power supply. The privatization of IESCO is expected to be completed by the end of the year.