Armenia’s Public Services Regulatory Commission to decide on Veolia Jur’s application on November 29

YEREVAN, November 23. /ARKA/. Armenia’s Public Services Regulatory Commission (PSRC) will decide on November 29 on an application by Veolia Jur national water distribution network seeking a rise in the prices of drinking water supplies and wastewater removal.

The PSRC also commented on media reports claiming that the price of water is set to be raised by 9 drams for one cubic meter starting January 1, 2023.

The regulator said that regardless of its final decision, the government will subsidize the possible rise thus ‘neutralizing the increase in tariffs for all groups of consumers."

‘This means that up to 2024, the price of drinking water for citizens will not rise,’ it said.

Earlier, Veolia Jur cited growing inflation saying it will seek permission to set a single price of water for all users at 209 drams per each cubic meter.

Currently, the price of water for socially unprotected citizens is 180 drams/cubic meter, and 200.47 drams for others.

Veolia Jur cjsc is a subsidiary of the French Veolia Generale des Eaux, which manages Armenia’s water distribution network. In 2017 it took over the management of all Armenian water distribution networks.  The company won an international tender announced by World Bank to take up a long-term management of the Yerevan network in 2006. It pledged to upgrade the obsolete network and ensure 24-hour water supplies to households. --0--