Open news feed Close news feed
A A

THEY ALREADY WANT MONEY

Social

Today the Committee Regulating Public Relations convened a session to discuss the application of the company “Yerevan Water”. According to the application, the company offers to raise the tariffs of water to 172.8 AMD instead of 125 AMD.

The Committee decided to postpone the session for a month because of the unfinished processed in the contract between the company and the RA Government. Let us remind you that in 2005 a competition was announced the winner of which would take care of the water supply of Yerevan. The winner was the French organization “General des eau” which created the company «Yerevan Water».

It is noteworthy that the company has not yet started its activity in Armenia but has already managed to send an application to raise the tariffs of water. The company has signed an agreement for ten years and has taken up the commitment to make an investment of 17.6 million Euros. By the way, in the contract they promised to raise the tariffs to 172.8 AMD for the coming three years. After three years the tariffs were to be reduced every year and to reach 75 AMD.