Tashir Capital JSC intends to attract loans from ADB and EBRD against shares of Electric Networks of Armenia

ArmInfo. Tashir Capital JSC, which owns 100% of the shares of Electric Networks of Armenia , intends to attract loans from the Asian Development Bank (ADB) and the European Bank for Reconstruction and Development (EBRD) against the shares of Electric Networks of Armenia. As expected, on July 27 RA government will approve this deal during  its next meeting.

According to the draft decision of the executive body published on the website of the Armenian government, 69.9999594% (172,496) shares of EPS will be put on bail.

To recall, earlier during the press conference in Yerevan answering ArmInfo's question, executive director of the company Karen Karapetyan informed that total price of investment program of electric power networks in Armenia for upcoming 5 years will total $200mln, $80 mln of which will be allocated by ADB and EBRD.