The government will recognize 100 percent of the shares of HETC as a public priority benefit. Draft.


 

The government will recognize 100 percent of the shares of HETC as a public priority benefit. Draft.

  • 22-06-2026 18:53:17   | Armenia  |  Press release

The government will recognize 100% of the shares (equity) of the Electric Networks of Armenia as a public priority. The relevant draft has been published by the Ministry of Territorial Administration and Infrastructure.
 
According to the draft, the justification is based on the fact that
 
the distribution of electricity is a vital public service,
the license of the closed joint-stock company "Electric Networks of Armenia" has been suspended by the Public Services Regulatory Commission,
it is necessary to ensure uninterrupted electricity supply to the population, the normal operation of social and strategic facilities, the stability of the energy system, and the protection of consumer rights,
Electricity distribution networks, by their nature, are strategic infrastructure, the disruption of which can lead to widespread social, economic, and security consequences.
The activities carried out by the closed joint-stock company "Electric Networks of Armenia" have exceptional significance, and its impact on all areas of public life is substantial:
 
The deadline for discussing the draft is set until July 8.
 
 


* This text was automatically translated by Artificial Intelligence (AI).

  -   Press release