Armenian Minister of Territorial Administration and Infrastructure Davit Khudatyan said two major energy projects would not affect electricity tariffs, responding to questions from opposition lawmaker Mesrop Manukyan during parliamentary discussions of the draft 2027 state budget.
Manukyan, a member of the Armenia faction, asked whether electricity prices could rise following the Public Services Regulatory Commission’s tariff review scheduled for December, Panorama.am reported.
The lawmaker pointed to approximately 76 billion drams earmarked for High-Voltage Electric Networks projects and 14 billion drams for the Armenian Nuclear Power Plant, questioning whether the associated financing costs would be covered by the state budget or passed on to consumers.
Khudatyan clarified that 14.8 billion drams had been allocated to continue extending the operational life of the nuclear plant’s second reactor unit. The other major project involves construction of the Armenia–Georgia electricity transmission line.
The minister said neither project would affect electricity tariffs, without addressing whether other factors could lead to price changes.
