PSRC won't revise electricity price hike despite mass protestsJune 24, 2015 - 18:15 AMT PanARMENIAN.Net - Public Services Regulatory Commission (PSRC) of Armenia will not revise its decision on electricity price hike coming into force August 1, 2015 despite mass protests in Yerevan. "We do not make decisions that require adjustments," spokesperson for PSRC Mariam Stepanyan said, according to Interfax. She noted that PSRC is an independent entity that makes economically sound decisions as a result of lengthy discussions. "The issue of the social burder is beyond the Commission's responsibility. It is necessary to maintain the economic balance: reliable and high quality service requires commensurate payments," Stepanyan said. An Electric Networks of Armenia (ENA) CJSC representative also stated that the company does not consider withdrawing its application for electricity tariff hike. "Our company is not the only problem. Power-generating companies of Armenia have also applied to PSRC for tariff increases," ENA spokesperson Natalya Sarjanyan said. Related links: Top stories The number of state universities will be reduced from 23 to 8 by 2030, Minister of Education, Science, Culture and Sport Zhanna Andreasyan has said. From September 21 to November 11, a total of 2,820 Russians registered at a place of residence in Armenia, the police has said. The situation on the contact line between Karabakh and Azerbaijan was relatively stable overnight, the Defense Army says. Defense Minister Suren Papikyan has visited the southern Armenian province of Syunik, the Defense Ministry reported on March 18. Partner news | Biden honors resilience of Armenian people on April 24 U.S. President Joe Biden has issued a statement on the 109th anniversary of the Armenian Genocide. Macron says France commemorates 109th anniv. of Armenian genocide Today France commemorates the 109th anniversary of the Armenian genocide of 1915, Macron says. CSTO recognizes Armenia’s sovereign right to withdraw Tasmagambetov has said that if Armenia decides to leave the organization, “it will be the sovereign right of Armenia.” Ex-President: Only removal of “defeatist” rulers can save Armenia Former Armenian President Serzh Sargsyan has shared a message on the 109th anniversary of the Armenian Genocide. |