ArmInfo.The company of the former Deputy Energy Minister and the son of the former Prime Minister of Armenia received another tax benefit from the government Yerevan, June 3. ArmInfo. Naira Badalian.
On June 3, the Armenian government approved the application of "Bari Arev" LLC on exemption from payment of import customs duties on technological equipment, components and spare parts for it, raw materials and materials imported within the framework of the investment project.
Earlier, on May 20, the Armenian government postponed the payment of VAT on imported equipment for 3 years. As stated in the background to the document, the company is investing 4.7 billion drams in the construction of three 5 MW helical stations in the Gegharkunik and Aragatsotn regions of Armenia. So, according to the investment program, which started in 2019, two solar power plants are located in the Aragatsotn community of the eponymous region, and the third in the Astghadzor community of the Gegharkunik region. The project is expected to be completed in the third quarter of this year.
Out of the promised investments of 4.7bln AMD, 80% have already been spent. Within the framework of the investment program, it is planned to create 20 new jobs with an average salary of 250 thousand AMD over three years. The annual volume of produced energy in the amount of approximately AMD 871 million will be purchased by ENA CJSC.
To note, according to the state register of legal entities of Armenia, the company was registered on December 22, 2017. Its real owners are the former Deputy Minister of Energy of the Republic of Armenia, the son of the former Deputy Director of the National Security Service of the republic Hayk Harutyunyan (from 05/15/2019) - the owner of 41% of the share, the son of the former Prime Minister Karen Karapetyan - Tigran Karapetyan (19% from 05/15 / 2019) and Gharibyan Armen Serzhikovich (40% from 07/31/2020).