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Armenian electricity networks present investment plan for 2012

00:57, 05.06.2012 Region: Armenia Theme: Economics

YEREVAN. – Armenian Electricity Networks Company presented an investment plan for 2012 to Armenia’s Public Services Regulatory Commission. The plan is posted on the official website of the Commission.

The total volume of the plan amounts to AMD 8.2 billion ($ 20.5 million). A larger portion of money (AMD 3.5 billion) will be spend on connecting new consumers to the network.

Around AMD 670 million will be allocated to purchasing new counters, another AMD 600 million will go to acquiring computer technologies, licenses and program packages.

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