Friday, August 11 2023 13:33
Alexandr Avanesov

Head of PSRC: Armenia`s water management system requires large  investments

Head of PSRC: Armenia`s water management system requires large  investments

ArmInfo.The Public Services Regulatory Commission (PSRC) of Armenia applies mechanisms to control  the activities of the Veolia Jur company, the operator of the  country's water system. PSRC Chairman Garegin Baghramyan told  journalists on August 11, commenting on frequent water cuts in the  conditions of a heat of +42.

According to the head of the regulator, during the heat wave, water  consumption in the country rises sharply, and often the system is not  ready for it. The water management system, Baghramyan continued,  requires large investments, despite the seasonal nature of the  problem.

On November 29 last year, PSRC approved the revised water tariffs,  according to the application of Veolia Jur CJSC (water supply  operator in Armenia). By the decision of the regulator, from January  1, 2023, the weighted average tariff has been increased by 8.419  drams per cubic meter. For socially unsecured subscribers (there are  about 100,000 of them), the tariff remained at the rate of 180 drams  per 1 cubic meter, and for other categories of consumers it increased  from 200.47 drams to 208.419 drams. The tariff difference is  subsidized by the RA government so that the prices for consumers will  not change until the end of 2023. 1.1 billion drams were allocated  for this purpose. Veolia Jur CJSC (subsidiary of the French "Veolia  Generale des Eaux") is a common water supply and drainage operator in  Yerevan and a number of regions of Armenia. Since January 1, 2017,  property management of five companies passed to "Veolia Jur": Yerevan  Jur, Armavodokanal, "Shirak Vodokanal", "Lori Vodokanal" and "Nor  Akunk".