PSRC approves sale of Electric Networks of Armenia to Tashir GroupOctober 1, 2015 - 11:46 AMT PanARMENIAN.Net - Public Services Regulatory Commission (PSRC) of Armenia approved unanimously the sale of 100% shares of the Electric Networks of Armenia, belonging to Inter RAO. The company will be sold to Cyprus-based Liormand Holding Limited, affiliated with businessman Samvel Karapetyan's Tashir Group. The decision, in particular, states that the Electric Networks of Armenia has to submit sale documents to the PSRC within two weeks. Previously, Tashir Group confirmed the purchase of the Electric Networks of Armenia and Hrazdan thermal power plant. “In order to support the population, we decided, at the expense of personal funds and on parity with the Armenian government, to compensate the difference between the previous and current tariffs for households and small businesses for a whole year,” Karapetyan said. #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 Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion. Partner news | Fly Arna license suspended, says Armenia official The license of the Armenian airline Fly Arna has been suspended for six months, an official says. President stresses Armenia’s clear position to achieve peace On the eve of the International Francophonie Day, the Armenian President met with French intellectuals. Pashinian meets border villagers on possible land transfer to Azerbaijan Prime Minister Nikol Pashinyan has met with concerned residents of two villages in Armenia’s northern Tavush province. Kazakh Foreign Minister arrives in Armenia Kazakh Foreign Minister Murat Nurtleu on Monday, March 18 arrived in Armenia for a two-day trip. |