IN ORDER THAT ENERGETIC SYSTEM WORKS WITH GREAT PROFIT

NKR Government Information and
Public Relations Department
December 17, 2008

Today, the NKR Prime Minister Ara Haroutyunyan has conducted a
conference with participation of the executives of the Republic’s
energetic system.

During the conference the results of 2008 were summarized and the tasks
for 2009 were outlined. The data of this year were presented by Valeri
Balayan, the Head of the Department of Industrial Infrastructures
adjunct to the NKR Government. He particularly noted that in 2008 more
than 350 mln drams investments were made in the energetic system,
while according to the affirmed programme, this index should have
formed 850 mln drams. The investment underfulfillment was justified
by the technical unavailability of the system. However, according
to other indices some changes for the better were recorded. It
was underlined that in 2008 the technical damages in the energetic
system of the Republic decreased by 9.6 percent in comparison with
the previous year and the total index of the year will form 15.7
percent. It was noted for comparison that in 2006 the energetic
losses formed 24.9 percent. According to Valeri Balayan’s assurance
the experience of the past few days (when gas supply was considerably
reduced in the Republic) showed that the energetic system today is
more secure and is ready to operate regularly under more overladen
conditions. According to the Chief Executive of the sphere some
technical and organizational improvements should be introduced in the
electricity system of the Republic reducing the commercial losses to
1-2 percent and the technical ones to 14 percent.

Appraising the achievements of the year in the energetic sphere at
their true worth the NKR Prime Minister Ara Haroutyunyan simultaneously
expressed his dissatisfaction with the insufficient work of separate
regional branches. He addressed his remarks mainly to the regional
electro-distributive systems of Martakert, Askeran and Hadrout
demanding to take necessary steps to improve the situation. The Head
of the Government emphasized that it is necessary to have such an
energetic system, which will not be a burden for the state, moreover,
will work with great profit and will safely secure the economic
development of the Republic.

Congratulating the power engineering specialists in connection with
the forthcoming professional holiday the NKR Prime Minister charged
the executives of the sphere with the tasks to considerably reduce the
losses in the electro-distributive systems, to apply relevant punitive
measures and to present organizational proposals. The Prime Minister
demanded as well to form and to present the activity programme of
the system for 2009 with detailed estimate and development tendencies.