A French-run company managing Yerevan’s water distribution network has abandoned attempts to slightly raise the price of its drinking water following a much sharper rise in energy tariffs that sparked angry protests in the Armenian capital.
Earlier this year, the Yerevan Jur operator asked Armenia’s Public Services Regulatory Commission (PSRC) to approve a 1.4 percent rise in the cost of water supplied to households. It cited consumer price inflation and a sizable depreciation late last year of the Armenian dram.
A PSRC spokeswoman, Mariam Stepanian, told RFE/RL’s Armenian service (Azatutyun.am) on Wednesday that the company withdrew the request two days ago. She said its director, Gor Grigorian, informed the regulators in a letter that the Yerevan Jur has increased the efficiency of its operations by significantly cutting back on the use of electricity in water distribution.
Armenian News
No comments:
Post a Comment