Armenian government to subsidize energy price hike by Sept 20September 10, 2015 - 18:01 AMT PanARMENIAN.Net - The Armenian government will subsidize the AMD 6.93 electricity tariff hike by September 20, Minister of Energy and Natural Resources said. As Panorama.am reports quoting Yervand Zakharyan, corresponding calculations are currently underway with the Electric Networks of Armenia (ENA) and Public Services Regulatory Commission (PSRC). “Volume of power consumption by the population and small and medium-sized businesses will be calculated by the end of the week, with compensation to be paid by September 20,” he said. Deputy PM, Minister of International Economic Integration and Reforms Vache Gabrielyan said that the first stage of consultations at PSRC will conclude in late September, and the second and third stages are expected to wrap up in late October and late November respectively. Gabrielyan said that Deloitte – the company that provides consulting services to PSRC– has already started working. #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 | Up to 10% cashback from GetTransfer with IDBank cards IDBank clients who make their booking on GetTransfer will receive an exclusive cashback. European Parliament to discuss repression in Azerbaijan The European Parliament will discuss repression of civil society in Azerbaijan on April 24 PACE wants concessions from Azerbaijan to accept Baku back A PACE co-rapporteur said that Azerbaijani authorities must make certain concessions so that the country can return to PACE. Cyprus parliament honors Armenian genocide victims Acting House President Zacharias Koulias noted that April 24 marks the “black anniversary” of the Armenian genocide. |