Negotiations on Electric Networks of Armenia Extended Until May 25 — Ghazinyan
21.03.2026,
22:05
The negotiations on Electric Networks of Armenia CJSC will last until May 25, after which the procedure for recognizing the company as an object of priority public interest may be initiated.
YEREVAN, March 21. /ARKA/. The negotiations on Electric Networks of Armenia CJSC will last until May 25, after which the procedure for recognizing the company as an object of priority public interest may be initiated. David Ghazinyan, former acting CEO of ENA, told reporters this on Saturday before a court hearing on Tashir Capital's lawsuit against the Public Services Regulatory Commission (PSRC) to reinstate the company's license.
Ghazinyan also noted that significant progress in the negotiations between ENA's owner and the Armenian government is not expected. "I see no basis for negotiations," he said.
According to Ghazinyan, the court rejected the motion to call as witnesses the interim manager of ENA, Romanos Petrosyan (appointed by the Armenian government on July 18, 2025), and the chairman of the Public Services Regulatory Commission, Mesrop Mesropyan. He stated that their participation was necessary to clarify the circumstances of the manager's appointment and previously made statements.
Ghazinyan also reported that the case is ongoing in the Stockholm International Arbitration Court. "I am confident that there will be no 'telephone justice,' and justice will prevail," Ghazinyan said.
He emphasized that the situation surrounding Electric Networks of Armenia concerns more than just the company. According to Ghazinyan, it concerns the investment environment in Armenia and attitudes toward public administration.
Ghazinyan also noted that significant progress in the negotiations between ENA's owner and the Armenian government is not expected. "I see no basis for negotiations," he said.
According to Ghazinyan, the court rejected the motion to call as witnesses the interim manager of ENA, Romanos Petrosyan (appointed by the Armenian government on July 18, 2025), and the chairman of the Public Services Regulatory Commission, Mesrop Mesropyan. He stated that their participation was necessary to clarify the circumstances of the manager's appointment and previously made statements.
Ghazinyan also reported that the case is ongoing in the Stockholm International Arbitration Court. "I am confident that there will be no 'telephone justice,' and justice will prevail," Ghazinyan said.
He emphasized that the situation surrounding Electric Networks of Armenia concerns more than just the company. According to Ghazinyan, it concerns the investment environment in Armenia and attitudes toward public administration.