PSRC starting review process for Armenia electricity tariffsMay 2, 2016 - 16:44 AMT PanARMENIAN.Net - Public Services Regulatory Commission of Armenia is starting a review process for the power generation and provision of services by electric companies, as well as for the electricity tariffs for end consumers, the PSRC said Monday, May 2. The review process is initiated given the electricity generation, import and export balance for the period between August 1, 2016 and August 1, 2017, as well as the possible changes in gas tariffs. Gazprom Armenia seeks to lower the price for 1,000 cubic meters of gas to AMD 146.700 against the current AMD 156.000 (AMD 9.3 per 1 cubic meter) for people with a monthly consumption of up to 10.000 cubic meters of gas. For those with a monthly consumption of 10 thousand cubic meters or more, the current price of $276.98 will be reduced to $257.56. 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 | Scholz hopes Armenia-Azerbaijan peace treaty will be signed this year German Chancellor Olaf Scholz hopes that a peace treaty between Armenia and Azerbaijan will be signed this year. Ucom equips four bus stops in Ijevan with free Wi-Fi Ucom now provides free Wi-Fi coverage in smart bus stops in four communities of Ijevan. Armenians stage more campaigns against territorial concessions to Azerbaijan Protesters blocked more roads across Armenia on Friday, April 26 in continuing attempts to scuttle territorial concessions to Azerbaijan. Czech-Armenian military cooperation discussed in Yerevan A delegation led by the Director General for the Industrial Cooperation Division of the Ministry of Defence of the Czech Republic visited Armenia. |