ISLAMABAD - The Privatisation Commission of Pakistan here on Tuesday invited Expressions of Interests (EOIs) for concession on lease basis of the facilities and assets of Jamshoro Power Company Limited (JPCL) for a period of 15 years. The EoIs have been invited from the prospective investors, companies or consortia having net worth of $100m, demonstrable experience in management, rehabilitation, operation and maintenance of power generation facilities. The prospective investors would be required to rehabilitate the generation facilities to their 'name-plate-rated capacity, according to press statement issued by PC. All the parties submitting EOIs would be provided Preliminary Information Memorandum (PIM) and Request for Statement of Qualification (RSOQ), it said adding that facilities of JPCL should not be used for any other purposes other than power generation and the investor would ensure the continuity of power supply to the national grid. The RSOQ will, inter-alia, include details on eligibility criteria and bases of disqualification. The PC will provide updated information relating to terms and conditions of the lease to all investors qualified in terms of the PC's RSOQ, prior to the bid date. JPCL is a company of PEPCO under the administrative control of Ministry of Water and Power. It operates two electricity generation facilities. The electricity generation facility at Jamshoro is a 880MW gas and furnace oil fired power plant comprising of four units located at 165 kms northeast of Karachi and 19 kms from Hyderabad. The Kotri facilities, located in vicinity of Hyderabad, comprises 7 units with power generation capacity 174MW. The potential parties have been asked to submit their EOIs (in duplicate) along with non-refundable processing fee of Rs160,000 by March 26.