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Price Of Electricity Decided

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  • Price Of Electricity Decided

    PRICE OF ELECTRICITY DECIDED

    Lragir/am
    21 March 06

    Now we can be sure to state that the citizen of the Republic of Armenia
    will have to pay more not only for gas but also for electricity. The
    Thermal Power Plant of Hrazdan and the Thermal Power Station of Yerevan
    operate on gas have already submitted a bid with the Commission
    of Public Utilities to increase by 90 per cent the tariff of the
    electricity they produce. On March 21 Nikolay Grigoryan, Deputy
    Chairman of the Commission, announced that the price of electricity
    will increase by 3 drams. Though producers on gas have bid a higher
    price, the impact will not be visible, since the energy these thermal
    plants generate comprises 25 per cent of energy in Armenia, which is
    mainly required in winter months.
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