Seeking justification for own mistakes unacceptable: Armenia’s regulatory body to Inter RAO

The Public Services Regulatory Commission deems the position of Inter RAO chief Boris Kovalchuk on the situation around the Electric Networks of Armenia unacceptable. In a statement released today the Commission said it’s ready to prove this during discussions with international consultants.

The Commission insists that the Armenian tariff regulation legislature fully complies with international experience and is widely used worldwide.

“The attempts to seek justifications for own mistakes and omissions is unacceptable,” the statement reads.

Inter RAO Chief Boris Kovalchuk that “losses of Electric Networks of Armenia, controlled by Inter RAO, are caused by the existing management system in that country.”

Emil Lazarian

“I should like to see any power of the world destroy this race, this small tribe of unimportant people, whose wars have all been fought and lost, whose structures have crumbled, literature is unread, music is unheard, and prayers are no more answered. Go ahead, destroy Armenia . See if you can do it. Send them into the desert without bread or water. Burn their homes and churches. Then see if they will not laugh, sing and pray again. For when two of them meet anywhere in the world, see if they will not create a New Armenia.” - WS