Time in Yerevan: 11:07:36,   2 June

Government liberalizes electricity market

Government liberalizes electricity market

YEREVAN, JULY 28, ARMENPRESS. The Armenian Government is initiating a policy aimed at liberalizing the electricity market.

The issue on liberalizing the electricity market in Armenia and actions aimed at boosting inter-governmental trade is included in the July 29 Cabinet meeting’s agenda.

The Ministry of Energy and Natural Resources will be instructed to elaborate and present until May 31, 2017, the bill on making amendments and changes in the Energy law and the project on liberalizing the electricity market and developing inter-governmental trade.

The process must be in line with the demands of the EU regarding Intergovernmental trade of Energy, by not contradicting the commitments of Armenia within the framework of the Eurasian Economic Union.

The efficiency of the electricity energy system’s activity is expected to rise by this decision.



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