PSRC to impose AMD 75mln fine on Electric Networks of ArmeniaJuly 6, 2015 - 13:40 AMT PanARMENIAN.Net - During a meeting on Wednesday, July 8, the Public Services Regulatory Commission of Armenia (PSRC) is planning to impose an AMD 75 million fine on Electric Networks of Armenia (ENA), according to Panorama.am. 12 out of the 14 decisions of the Commission envisage a fine of AMD 5 million each, while the other two decisions presuppose fines of AMD 5.4 million and AMD 10 million respectively. ENA management decided recently to set up a new procedure of connecting the consumption systems of new subscribers to power supply networks. Explaining the measure by financial difficulties, ENA suggested that consumers should cover the expenses to be connected to power supply networks, in addition to the fixed payment for connection. The company said that sum will be deducted from payments made for the electricity consumed in the course of the next 5 years. #ElectricYerevan Electric Networks of Armenia (ENA) submitted a bid to the Public Services Regulatory Commission (PSRC) demanding to raise energy price by AMD 17 ($0.036). During the June 17 session, PSRC partially satisfied the bid raising the tariffs to AMD 6,93 ($0.0146) from August 1, causing major public outrage. 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 | U.S. welcomes efforts to define Armenia-Azerbaijan border The United States welcomes efforts to define the border between Armenia and Azerbaijan, says Vedant Patel. 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.” |