WHY ARTSAKH ENERGY DOES NOT GENERATE PROFIT?
KarabakhOpen
26-11-2007 10:39:48
"The NKR government is dissatisfied with the activities of Artsakh Energy. In 2006 the losses totaled 500 million drams," said Prime Minister Ara Harutiunyan in a consultation with people in charge of the energy network on November 22. Artsakh Energy does not generate profit, it sustains losses. "It is absurd to have such a network and sustain losses," the prime minister says, the Azat Artsakh reports. The prime minister says it is all due to indifference and chaos. He says if there are people who use electricity and do not pay the bills, the wrongdoers will be punished. He also says the government will clamp down on people who were involved in dissipation of money. The prime minister thinks the way out is to organize the water power plant of Sarsang as a separate company and privatize the transmission network. Currently the activities of Artsakh Energy in 2003-2006 is being checked. He said the energy sector should be made attractive for investors. In the closed consultation later the government studied the preliminary results of activities of Artsakh Energy in 2007, the Azat Artsakh reports.
26-11-2007 10:39:48
"The NKR government is dissatisfied with the activities of Artsakh Energy. In 2006 the losses totaled 500 million drams," said Prime Minister Ara Harutiunyan in a consultation with people in charge of the energy network on November 22. Artsakh Energy does not generate profit, it sustains losses. "It is absurd to have such a network and sustain losses," the prime minister says, the Azat Artsakh reports. The prime minister says it is all due to indifference and chaos. He says if there are people who use electricity and do not pay the bills, the wrongdoers will be punished. He also says the government will clamp down on people who were involved in dissipation of money. The prime minister thinks the way out is to organize the water power plant of Sarsang as a separate company and privatize the transmission network. Currently the activities of Artsakh Energy in 2003-2006 is being checked. He said the energy sector should be made attractive for investors. In the closed consultation later the government studied the preliminary results of activities of Artsakh Energy in 2007, the Azat Artsakh reports.
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