Energy Minister: electricity hike unpleasant, but well-founded July 2, 2014 - 15:57 AMT PanARMENIAN.Net - The increase in electricity tariffs is inevitable, with Armenia’s energy security and sustainable work of its energy system wholly dependent on the move, the Minister of Energy and Natural Resources said, according to Panorama.am. “The price increase is quite unpleasant, but there are issues that need to be solved,” Yervand Zakharyan remarked, commenting on the decision of the Public Services Regulatory Commission (PSRC) to increase electricity tariffs in Armenia. In conclusion,he noted the PSRC calculations, based on the documents presented by energy companies, to be well-grounded. 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 | Narek Manasyan wins European Boxing Championships silver for Armenia Armenia’s Narek Manasyan (92kg) won Armenia’s second silver medal at the European Boxing Championships 2024 on April 28. Blinken urges Azerbaijan to continue negotiations with Armenia Secretary of State Antony J. Blinken has urged Azerbaijani President Ilham Aliyev to continue negotiations with Armenia. Pashinyan, Blinken talk Armenia-U.S. ties over the phone Prime Minister Nikol Pashinyan had a phone conversation with US Secretary of State Antony Blinken on April 28, Pashinyan’s office reports. Titus, Bilirakis lead legislation to sanction Azerbaijani war criminals Representatives Dina Titus (D-NV) and Gus Bilirakis (R-FL) have introduced the bipartisan legislation. |