Armenian regulator approves rise in water prices
YEREVAN, November 29. /ARKA/. Armenia's Public Services Regulatory Commission (PSRC) has decided today to allow the Veolia Jur national water distribution company to raise the prices of drinking water and waste water removal.
The decision comes into force on January 1, 2023. The price will be raised on average by 8.419 drams per one cubic meter.
Earlier, Veolia Jur cited growing inflation to seek permission to set a single price of water for all users at 209 drams per each cubic meter.
Under the PSRC decision, the price of water for socially unprotected citizens will remain unchanged at 180 drams/cubic meter. For others it will also remain unchanged at 200.47 drams because the government will subsidize the rise for at least one year to ‘neutralize the increase in tariffs for all groups of consumers."
Veolia Jur cjsc is a subsidiary of the French Veolia Generale des Eaux, which manages Armenia’s water distribution network. In 2017 it took over the management of all Armenian water distribution networks. The company won an international tender announced by World Bank to take up a long-term management of the Yerevan network in 2006. It pledged to upgrade the obsolete network and ensure 24-hour water supplies to households. -0-
