ArmInfo.The Cyprian Company of Liormand Holding Iimited will sell the 100% of possessed shares of "HrazTPP" Energy Company to the Company of Tashir Capital.
This transaction is approved by the Public Services Regulating Commission at its March 29 session. Following the words of Seda Shahinyan, the Head of Legal and Licensing Department of PSRC, the Commision has no argues in respect to the transaction mentioned. The positive estimation of the Ministry of Energy Infrastructures and Natural Resources is also obtained.
To mention, the main equipment of hrazdan TPP four units came up to its critical limit. According to the information obtained, in 2018 the TPP should be put under consevation due to physical and moral amortization. Currently the TPP is almost in standby mood, which is predicted by the highets tariff - AMD 43 for 1 kWh.
As ArmInfo has reported earlier, the PSRC on October 9. 2015 approved the transaction on 100% shares of HrazTPP Energy Company, which is one of six biggest generating companies in Armenia and plays the role of balancing station in the energy framework of Armenia.
To remind, in late September the Tashir Group and Inter RAO signed an agreement on buy-sell of electic power assets of Armenia. The subject of the transaction was the Electric Networks of Armenia JSC and Hrazdan TPP. All the assets will continue performing all the liabilities undertaken prior to the transaction mentioned.
