Inter RAO UES could sell the Electric Networks of Armenia

The ongoing protests in Armenia against the planned electricity price hike and the promise of the authorities to nationalize the Electric Networks of Armenia couldĀ make Inter RAO UES sell the Company, according to Russian

The paper reports, quoting its sources that the holding has already held negotiations with Russian businessmen of Armenian descent, namely Samvel Karapetyan – the owner of the ā€œTashirā€ Group.

However, finding a new buyer could be problematic, considering the huge debts of the Electric Networks, theĀ Russian paper writes.