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Part of Nairit assets to be transferred to Vorotan Cascade CJSC against deb
Wednesday, July 23, 2014
By a decision of the Armenian government, 53.27% of Nairit-2 CJSC
(book cost is 7320.8 million drams) and 3.5967% of Nairit Plant (book
cost is 983.4 million drams) to Vorotan Hydro Complex CJSC.
The draft decision was included in the agenda of the government
session due on July 24.
The government said that after receiving the assets, Vorotan Hydro
Complex CJSC will pay debts of Armgazpom CJSC in the amount of the
contract price of the acquired assets.
By the same decision of the government, budgetary loans and other
liabilities of Armgazprom CJSC to Armenian Finance Ministry will be
repaid through transfer of 46.73% of assets of Nairit-2 CJSC and
Tech-Stepanakert gas pipeline to the government, including the right
to claim receivables regarding Armenian Defense Ministry.
Thus, under the decision, 46.73% of Nairit 2 assets and
Tech-Stepanakert gas pipeline will be transferred to Armenian Ministry
of Energy and Natural Resources, while the minister of energy and
natural resources will be vested with authority to manage the
company's assets.
TODAY, 17:55
Aysor.am
Wednesday, July 23, 2014
By a decision of the Armenian government, 53.27% of Nairit-2 CJSC
(book cost is 7320.8 million drams) and 3.5967% of Nairit Plant (book
cost is 983.4 million drams) to Vorotan Hydro Complex CJSC.
The draft decision was included in the agenda of the government
session due on July 24.
The government said that after receiving the assets, Vorotan Hydro
Complex CJSC will pay debts of Armgazpom CJSC in the amount of the
contract price of the acquired assets.
By the same decision of the government, budgetary loans and other
liabilities of Armgazprom CJSC to Armenian Finance Ministry will be
repaid through transfer of 46.73% of assets of Nairit-2 CJSC and
Tech-Stepanakert gas pipeline to the government, including the right
to claim receivables regarding Armenian Defense Ministry.
Thus, under the decision, 46.73% of Nairit 2 assets and
Tech-Stepanakert gas pipeline will be transferred to Armenian Ministry
of Energy and Natural Resources, while the minister of energy and
natural resources will be vested with authority to manage the
company's assets.
TODAY, 17:55
Aysor.am