Epress.am News from Armenia
The economist stressed the Armenia's people had had nothing to do with ENA's 250 million dollar debt and they therefore should not have had to be forced to make up for it. The tariff, he added...Read More »
Armenian Electricity Rates Expected to Decrease by 3-4 Drams: Press
We know that electricity tariffs will decrease […] but will not drop below 45 drams per kWh. Currently, a kWh of electricity costs 48.8 drams, so the tariff will decrease by at most 3 drams. ..Read More »
Tashir Group Buys Armenia’s Power Utility, Promises to Keep Electricity Prices Unchanged in 2015
Inter RAO and Tashir Group said in a joint statement that the sell and purchase deal has already been approved by the Armenian Government and is waiting for the approval of Armenia's Public Services Regulatory Commission...Read More »
International Probe Concludes Hike in Armenian Electricity Tariffs Founded
Other reasons, according to Deloitte & Touche, include: ENA's estimating errors regarding the forecast of the amount of electricity produced, as well as the prolonged (by 88 days) rehabilitation of the nuclear power plant's...Read More »
Russian-Based Armenian Businessman to Buy Majority Stake in Armenia’s Power Utility: Press
The deal for ENA's sale, according to the same sources, will be completed by February 2016, "Liormand Holdings Limited" will act as an intermediary owner: the company will acquire ENA from the Russian Inter RAO UES...Read More »
Offshore-Registered Company to Buy Armenia’s Power Distribution Network
The Government, as reported by the Executive's press service, has instructed the Minister of Energy and Natural Resources, Minister of Justice, Minister of Economy, and Minister of Finance to examine all documents and...Read More »
Armenia’s Gas Stations to Raise Fuel Prices Due to Electricity Tariff Hike: Press
“Electricity bills calculated in accordance with the newly increased tariff will be received next week, and the owners of gas stations will make their final decision on how much to raise fuel prices...Read More »
Several Detained in Yerevan as Activists Try to Reignite Protest Movement (VIDEO)
On June 22, hundreds of the demonstrators marched toward the RA presidential residence on central Marshal Baghramyan Avenue. However, hundreds of armed police officers, forming a barricade, closed the road, not allowing...Read More »
American Companies to Assess Validity of Electricity Tariff Rise in Armenia
These inspections, as stated by Stepanyan, are not related to the ongoing international audit of the national electricity distribution company “Electric Networks of Armenia.” This audit, according to her, is carried out under the...Read More »
Armenian Protesters Address Message to “Republican Party Chairman Serzh Sargsyan”
“In the second phase [of the fight], we will block the main streets in Yerevan and other cities. Then it will become clear to everyone that police brutality is powerless against the peaceful rallies of citizens. In the third phase...Read More »