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Yevgeny Gladunchik: Electricity Tariff Will Also Increase In Paralle

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  • Yevgeny Gladunchik: Electricity Tariff Will Also Increase In Paralle

    YEVGENY GLADUNCHIK: ELECTRICITY TARIFF WILL ALSO INCREASE IN PARALLEL WITH RISE IN GAS PRICE

    Noyan Tapan
    Dec 21, 2007

    YEREVAN, DECEMBER 21, NOYAN TAPAN. The electricity tariff will
    also increase in parallel with a rise in the gas price in Armenia,
    the director general of Electric Networks of Armenia (ENA) company
    Yevgeny Gladunchik said at the December 21 press conference.

    Accoridng to him, 36-37 million USD has been invested in the networks
    this year, and it is planned to invest the same amout in 2008. Thanks
    to investments made this year, cables were changed in Yerevan,
    technical re-equipment of the system was done, as well as a number
    of pilot programs on reduction of power losses were implemented.

    Electricity consumption has grown by 5% in 2007 as compared with
    last year.

    It was also mentioned that in 2001, the payment collection made 70%
    under conditions of 35% power losses, while this year these indices
    made 100% and 12.8% respectively.

    Y. Gladunchik said that an international tender has been announced for
    repairs of 110 kw substations, in which four companies: Swedish-Swiss
    ABB, Siemens, as well as a Russian company and a Chinese one took
    part. The technical proposals submitted by these companies are
    now being examined, and the winner will be announced in February
    2008. At the same time he informed those present that only 13 out of
    the envisaged 33 substations will be repaired due to an increase in
    equipment prices. The sum necessary for this work (34 million USD) will
    be provided by the Japan Bank for International Cooperation (JBIC).

    Electric Networks of Armenia has created its three-language (Armenian,
    Russian, English) website: www.ena.am whose visitors may also get
    information about their monthly electricity consumtion and payments
    to be made.
    From: Baghdasarian
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