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YEREVAN. - Electric Networks of Armenia (ENA) will pay off all debts to the power plants by August 1, Economic and Financial Director of the ENA, Armen Arshakyan, told journalists Wednesday.

According to him, the 12-month debt in the amount of 23.4 bln AMD (approx. $49 mln), which the ENA owes to the power plants since1 August 2015, must be fully paid off.

This relates to overdue, and not current situational debts, which are occasionally formed and paid off, Arshakyan noted.  

The Public Services Regulatory Committee of Armenia has filed an application to lower the electricity tariff by 2.58 AMD, or 5.9 percent in average, for all groups of consumers. The daytime tariff will be lowered by 5.3 percent up to 46.2 AMD per 1 kWh (approx. 9,7 cents) for households. 

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