PSRC approves sale of Hrazdan power plant

PSRC approves sale of Hrazdan power plant

PanARMENIAN.Net - Public Services Regulatory Commisssion (PSRC) of Armenia at a meeting on Friday, October 9, unanimously approved the sale of 100% shares of Hrazdan Energy Company, ARKA reports.

“PSRC applied to Inter RAO on September 22, notifying about its intention to sell the 100% shares of Hrazdan Energy Company to Liormand Holdings Limited. Hrazdan Power Plant issued a similar appeal on September 28,” the head of Legal and Licensing Department of PSRC, Seda Shahinyan said.

According to her, the Minister of Energy and Natural Resources of Armenia has approved the proposal.

 Top stories
Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”.
Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision.
The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision.
Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion.
Partner news
---