Inter RAO UES does not confirm reports on sale of Electric Networks of Armenia

Inter RAO UES does not confirm the reports on the intention to sell the Electric Networks of Armenia, official representative of the Russian energy holding told TASS.

“We do not confirm the information on the sale of the company,” he said.

Russian Kommersant daily reported earlier that the ongoing protests in Armenia against the planned electricity price hike and the promise of the authorities to nationalize the Electric Networks of Armenia could make the Inter RAO UES to sell the Company.

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