ArmInfo.Qualified human resources are needed to solve issues in the energy sector - an energy minister, a deputy minister, and responsible officials. Narek Karapetyan, Board member of the "Strong Armenia" party and CEO of Tashir Capital, told reporters on February 25.
He recalled the situation with grid losses, which were 20 percent in 2016, but by the time of the unlawful nationalization of the Electric Networks of Armenia CJSC, had reached only 6 percent. Today, Karapetyan noted, losses in the water system alone have reached 65 percent. The politician pointed out that there is a complete failure is virtually all areas that the authorities have focused on. The reason for all of this is the lack of systematic investment and proper management. "When we brought network losses down to 6 percent, many believed that was the way things should be, but for some reason the same principle doesn't apply to the water system. Yerevan's water supply system hasn't been modernized for decades," Narek Karapetyan said, emphasizing the need for a sound investment policy.
