Yerevan Joor to lower price of drinking water for Yerevan households to 175 drams per one cubic meter

/ARKA/
MAY 25, 2011
YEREVAN

YEREVAN, May 25, /ARKA/. Armenia’s Public Services Regulatory
Commission (PSRC) ruled May 24 to allow Yerevan Joor (Yerevan Water)
distribution company to lower the price of one cubic meter of drinking
water for Yerevan households by 8 drams to 174.06 drams. The decision
takes effect on July 8. Last year the price was raised by Yerevan Joor
to 195 drams, but due to a Yerevan municipality subsidy households
paid 181 drams.

Garegin Baghramian, head of a PSRC department in charge of service
prices, said the price of one cubic meter of water is 147.9 drams.

Yerevan Joor charges additional 12.2 drams for waste water removal
and 13.9 drams for purification of waste water. Yerevan deputy mayor
Kamo Areyan said the subsidy ends July 8.

Yerevan Jur (Yerevan Water) is run by French Generale des Eaux that
won an international tender announced by World Bank to take up a
long-term management of the Yerevan network in 2006. It pledged to
upgrade the obsolete network and ensure 24-hour water supplies to
households. The company manages also drinking and waste water removal
systems in Ararat, Aragatsotn and Kotayk provinces.

Yerevan Jur has 339,370 customers and produces 370 million cubic meters
of drinking water a year and manages 2,120 lm long water pipelines.