Russia’s Inter RAO sold only 25% of its Armenian assets to Tashir GroupDecember 1, 2015 - 12:31 AMT PanARMENIAN.Net - Inter RAO has sold only 25% of the shares of the Electric Networks of Armenia (ENA) and Hrazdan thermal power plant for $ 8.25 million, an Inter RAO UES report suggests. In October 2015, the Russian group sold the 25% of shares of investments in Armenia-based subsidiaries - ENA and Hrazdan TPP - to Tashir Group company owned by Russian-Armenian businessman Samvel Karapetyan. According to the report, the Russian group had earlier applied to the Public Services Regulatory Commission (PSRC) of Armenia, requesting a right to sell the company’s 100% shares to receive a corresponding permission on October 1. Related links: 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 | Titus, Bilirakis lead legislation to sanction Azerbaijani war criminals Representatives Dina Titus (D-NV) and Gus Bilirakis (R-FL) have introduced the bipartisan legislation. Azerbaijan must respect human rights, Scholz tells Aliyev German Chancellor Olaf Scholz has called for greater respect for human rights in Azerbaijan. Armenia: Defense Ministry warns against involving army in political processes The Ministry’s statement came after a video surfaced online, showing soldiers joining the protests in Tavush. Scholz hopes Armenia-Azerbaijan peace treaty will be signed this year German Chancellor Olaf Scholz hopes that a peace treaty between Armenia and Azerbaijan will be signed this year. |