Minister confirms rumors about imminent sale of ENA
13.05.2015,
16:11
Armenia’s energy and natural resources minister Yervand Zakharyan has, as a matter of fact, confirmed today media allegations that the Russian Inter RAO UES, the 100% owner of Armenia’s national power distributing company Electric Networks of Armenia (ENA) is planning to sell the company.

YEREVAN, May 13. / ARKA /. Armenia’s energy and natural resources minister Yervand Zakharyan has, as a matter of fact, confirmed today media allegations that the Russian Inter RAO UES, the 100% owner of Armenia’s national power distributing company Electric Networks of Armenia (ENA) is planning to sell the company, adding also that no final decision was made yet.
Armenian media has been rife with stories claiming that the networks would be sold to Russia-based Tashir group of companies, owned by an ethnic Armenian billionaire Samvel Karapetyan. However, Samvel Karapetyan’s brother, Karen, who is a member of the Armenian parliament, denied yesterday in a statement these allegations.
The minister stressed that the Inter RAO UES may sell only part of the company. He, however, added that his ministry did not have ‘real’ information confirming Russian plan to sell the power distributor.
Zakharyan said the ENA is a privately-owned company that can negotiate the sale with different companies. He said after the talks are fleshed out, the company must notify the ministry about it.
The minister stressed that the final say belongs to the government that may prohibit the sale. ($ 1 - 480.57 drams). 0-