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Yerevan Water Company May Reduce Water Price

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  • Yerevan Water Company May Reduce Water Price

    YEREVAN WATER COMPANY MAY REDUCE WATER PRICE

    Armenpress
    Dec 14 2006

    YEREVAN, DECEMBER 14, ARMENPRESS: French executives of the Yerevan
    Water company said today they were likely to ask every June 1 the
    Public Services Regulatory Commission to review the price of drinking
    water they charge from households in the Armenian capital city.

    Serge Popoff, the chief executive manger of the company, run by
    the French General Des Aux, explained it by the continued growth of
    Armenia's national currency-dram-over the U.S. Dollar. He said the
    company is paying less now to buy new equipment and therefore it may
    reduce the tariffs.

    Popoff also said the company has committed to secure 24-hour water
    supply to 80 percent of homes in the capital city and will install
    extra 65 water pressure meters which will allow to register water
    pressure every 30 minute and have a clear picture of water consumption.
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