YEREVAN. – According to the lease agreement, Veolia company is obliged to submit, by August 10-12, an application for a review of the tariff for water prices in Armenia. Garegin Baghramyan, Chairman Public Services Regulatory Commission (PSRC), on Monday stated this in a talk with journalists in the National Assembly.
According to him, Veolia is obligated to do this based on four main factors. "It is the actual volume of water consumption compared to base volumes, the inflation, the price of electricity, and its revenues from other activities. It will submit an application in August, but I don't think there will be significant changes," the PSRC chief added.
