Electric Power Tariff In Armenia May Rise, Ministry Of Energy And Na

ELECTRIC POWER TARIFF IN ARMENIA MAY RISE, MINISTRY OF ENERGY AND NATURAL RESOURCES OF ARMENIA SAYS

by Ashot Safaryan

ARMINFO
Monday, June 2, 15:59

Deputy Minister of Energy and Natural Resources of Armenia Ara
Simonyan said in the Parliament on 2 June the electric power tariff
are regularly revised.

He outlined some problems in the energy sector, including low water in
rivers. In fact, HPPs generate less electric power and TPPs have to
fill that gap. However, thermal power is more expensive, the deputy
minister explained. In addition, the investments of the last years
must be returned though higher tariffs. These are the objective
factors that necessitate revision of the tariffs, Simonyan said.

According to ArmInfo’s information, an application will be made to
the Public Services Regulatory Committee for increase of the electric
power tariff to 45 drams per kWh instead of the current 38 drams. The
tariff was already increased to 38 drams from 30 drams on 7 July 2013.

From: Baghdasarian