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    Categories: 2021

Armenia plans to liberalize a part of energy market

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 11:53, 16 November, 2021

YEREVAN, NOVEMBER 16, ARMENPRESS. Beginning February 2022, Armenia will switch to a new energetic model, some part of the market will be liberalized, Chairman of the Public Services Regulatory Commission Garegin Baghramyan said at the Parliament’s session today, in response to the question relating to small hydropower plants.

“Under the new regulations, the guarantee of the mandatory purchase of electricity provided by the state to these power stations will no longer operate. They are free to join the market trading electronic platform and conduct trade in accordance with all trading rules”, he said.

 

Editing and Translating by Aneta Harutyunyan

Emil Lazarian: “I should like to see any power of the world destroy this race, this small tribe of unimportant people, whose wars have all been fought and lost, whose structures have crumbled, literature is unread, music is unheard, and prayers are no more answered. Go ahead, destroy Armenia . See if you can do it. Send them into the desert without bread or water. Burn their homes and churches. Then see if they will not laugh, sing and pray again. For when two of them meet anywhere in the world, see if they will not create a New Armenia.” - WS