Friday, August 1 2025 11:18
Naira Badalian

ENA manager announces tenders under ENA investment program 

ENA manager announces tenders under ENA investment program 

ArmInfo. Acting Manager of Electric Networks of Armenia CJSC Romanos Petrosyan announced the procurement process within the framework of the investment program worth 50 billion drams (about $125 million).

At the beginning of next week, ENA will officially launch several  processes at once for the procurement of large-scale design works, he  reported on the social network.

Before that, in order to accurately calculate the estimated cost of  the items to be purchased, it will be necessary to conduct quotations  (request for prices), for which we will conduct extensive information  work to ensure maximum involvement of economic entities operating in  the energy sector

We are talking about the procurement of design works related to the  work envisaged by the Annual Investment Program with a budget of  about 50 billion drams (reconstruction and re-equipment of  substations, construction of power transmission lines, etc.) and  several tens of thousands of connections.  P.S. Let me remind you  that until now, work of this scale was carried out only by ONE  organization, occupying a monopoly position, dictating its terms and  prices:>, - wrote Petrosyan.

On July 24, at a briefing in the government, the head of the Public  Services Regulatory Commission (PSRC) of Armenia Mesrop Mesropyan  stated that the approved investment program is calculated until 2034  and is subject to mandatory implementation. According to him, the  Karapetyan family is obliged to continue implementing the investment  program in the company , despite the appointment of an  interim manager. "They are obliged to implement the investment plan  in the same way as they did before the appointment of the interim  manager," the head of the Regulator said.