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 | The Power of One Dram to benefit Road of Life charity The companies inform that the May beneficiary of The Power of One Dram is the “Road of Life” charitable organization. Ucom General Director gives lecture at French University in Armenia The General Director of Ucom Ralph Yirikian delivered a lecture at the French University of Armenia. Kazakhstan welcomes Yerevan, Baku’s agreement to meet in Almaty Kassym-Jomart Tokayev has welcomed the agreement of Baku and Yerevan to hold negotiations in Almaty. Armenia offers to temporarily host, preserve Gaza manuscripts The Armenian Foreign Minister has said Yerevan is ready to help preserve manuscripts from the conflict zone in Gaza. |