With the objective of modernising the distribution system, reducing losses, improving recoveries, enhancing system efficiency and reliability, and restoring consumer trust, PPIB has been tasked with hiring a private AMI Services Provider (AMISP) for the installation and operation of the AMI system in five Discos—Lahore Electric Supply Company (LESCO), Multan Electric Power Company (MEPCO), Peshawar Electric Supply Company (PESCO), Hazara Electric Supply Company (HAZECO), and Quetta Electric Supply Company (QESCO).
The project will be implemented under the Public Private Partnership (PPP) mode in consultation with key stakeholders, including the Power Planning and Monitoring Company (PPMC), Power Information Technology Company (PITC), and the relevant Discos.
“As this activity is being carried out for the first time under the PPP mode, it has been decided to engage a suitable Transaction Advisor (TA) to provide end-to-end advisory services for the successful execution of AMI transactions,” said Shah Jahan Mirza in a letter to the World Bank’s Islamabad office.
He added that the TA would be responsible for undertaking technical, commercial, and legal due diligence; developing the business case; PPP structuring; assisting in the execution and management of the procurement process, including preparation of bidding documents; and providing support through project award, agreement execution, and financial close.