ISLAMABAD, Nov 21: The Privatisation Commission has extended the date for filing expression of interest (EoI) for Heavy Electrical Complex (HEC) to November 30 because of increasing interest of parties to participate in the privatisation of

complex. A handout issued here said that it was advertised on October 20, 2006 in the leading national dailies and was re-advertised on October 27, 2006 with November 22, 2006 as last date for receiving EoIs.

EoIs should be submitted (in duplicate) together with a non-refundable processing fee of $5,000 or Rs300,000 to the Privatisation Commission by November 30, 2006.

All the parties, which submit EoIs, would be sent request of statement of qualification (RSOQ) for response, which shall form the basis of pre-qualification. The last date to submit the statement of qualification (SOQ) shall now be December 15, 2006 accordingly.

Heavy Electrical Complex is one of the industrial units of the State Engineering Corporation (SEC) engaged in the manufacturing of power transformers of different types.

In addition, the HEC undertakes repair and refurbishment of old and damaged power transformers up to 500kv. HEC was incorporated as a private limited company in 1991 and commenced full-scale commercial operation in 1997.