November 14
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YEREVAN. – In 2015 and 2016, Electric Networks of Armenia (ENA) company reduced the technical and commercial losses of electricity in the country by more than 3 percent. 

The abovementioned is noted in the ENA report which Karen Darbinyan, chairman of the ENA Board of Directors, presented at a press conference on Thursday. 

Accordingly, in the year past, these losses were reduced. 

If the company invests totaling $200 million, from 2015 to 2020, electricity losses in Armenia should not exceed 9 percent, but they could reach 8.2 to 8.5 percent.

“The investments have just begun,” added Darbinyan. “And that’s why the main reason for the reduction in the [electricity] losses is the increased efficiency of administration.”

Thanks to reducing these losses in 2016, 1.5 billion drams (approx. $3.1 million) were saved, and loans were repaid with this amount.

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