Public Services Regulatory Commission`s decision on ENA to be  appealed - lawyer 

ArmInfo.  Lawyers for Tashir Capital will appeal the Public Services Regulatory Commission's decision to revoke Electric Networks of Armenia CJSC's electricity transmission license in the RA Administrative Court. Vardan Aloyan, a lawyer for Tashir Capital, which owns ESA, told journalists this.

According to him, if justice is not served there, a complaint will be  filed with international arbitration. The lawyer noted that it is no  secret that a political process is underway against Electric Networks  of Armenia CJSC and that political orders are being carried out.  Despite some pessimism regarding the PSRC's decision, some hope  remains. The fact is that, as the lawyer noted, proceedings against  the power grid were initiated based on nine violations presented by  the RA Minister of Territorial Administration and Infrastructure,  David Khudatyan. However, the Commission was actually reviewing six  completely different cases, completely unrelated to the nine  violations mentioned above.

In practice, as Aloyan emphasized, the Commission meeting considered  issues for which no proceedings had been initiated. The lawyer  reported that seven of the nine violations were dropped altogether,  while the remaining two were upheld. Specifically, this concerns  delays in connecting new consumers. David Khudatyan's previous report  indicated violations in 2024, but after the lawyers presented their  arguments, they were able to prove that out of 11,000 connections,  the company actually missed deadlines in only four cases. Thus, this  issue was practically resolved, but the interim grid manager, Roman  Petrosyan, presented new data for 2025.

Another point concerned the reliability of the information provided  by the grids. In his appeal to the PSRC, the head of the MTUI cited  certain "reliable" sources, arguing that the number of complaints was  so significant that they could hardly be used to claim that ESA was  operating smoothly. Meanwhile, the MTUI itself had not received a  single complaint. The lawyers insisted on submitting them, but  received nothing.  Moreover, Aloyan continued, during the PSRC  meeting, Romanos Petrosyan presented data claiming that the grids had  unaccounted for 830,000 kWh of unaccounted usage. However, after  substantiation by the company's former CEO, David Kazinyan, this  figure was drastically reduced to approximately 150,000.  "It's  curious that at the meeting, the same Romanos Petrosyan stated that  he is a political figure and that his political statement was  published on his social media page," the lawyer said.

As a reminder, on November 17, the Public Services Regulatory  Commission (PSRC) stripped Electric Networks of Armenia (ENA) of its  electricity transmission license. On June 18, law enforcement  agencies arrested and subsequently remanded in custody Samvel  Karapetyan, a prominent businessman and head of the Tashir Group of  Companies, on charges of calling for the overthrow of the  constitutional order. This occurred solely because Karapetyan,  speaking out in defense of the Armenian Apostolic Church, stated in  an interview that "we will intervene in our own way" if politicians  fail to fulfill their mandate. Following Karapetyan's arrest, the  authorities effectively seized control of ENA from the Karapetyan  family, appointing Romanos Petrosyan, a member of the Civil Contract  party, as interim manager.