At a National Assembly session, Chairman of the Public Services Regulatory Commission (PSRC), Mesrop Mesropyan, addressed the ongoing developments surrounding the Electric Networks of Armenia (ENA). He stated that Romanos Petrosyan, as interim administrator, is acting within the legal authority granted to him by law and is currently carrying out the functions of the company’s executive body.
“There is no mandatory requirement to coordinate or consult with me on those actions, and we have not held such discussions,” he said, as reported by 1lurer.am .
MP Arman Ghazaryan from the Hayastan faction recalled that ENA’s investment programs have not been implemented, despite being approved by the commission chaired by Mesropyan. He added that some of the projects were downgraded from primary to secondary status, including the modernization of power grids in residential buildings and the enhancement of distribution network capacity.
According to Ghazaryan, the PSRC head approved these changes, and it was after this that the decision was made to appoint an interim administrator for ENA.
In response, Mesrop Mesropyan stated: “I have acted exclusively under the amended law on energy, within the scope of legal authority granted to me. When the authorized body of the Government—namely, the Minister of Territorial Administration and Infrastructure—submitted a notification regarding HETS CJSC, I initiated proceedings based on my legal right as stipulated by the law. The process is currently underway.
I cannot provide additional details about the proceedings. Once completed, the results will be made public and everyone will be informed,” he added.
When MP Garnik Danielyan of the Hayastan faction asked why the decision of the Stockholm arbitration has not been implemented, Mesropyan responded that he is not a party to the international legal process.
“I am not a party to the international arbitration dispute and therefore have no authority to address those matters,” he clarified.
On July 22, 2025, the emergency arbitration of the Stockholm Chamber of Commerce issued a ruling obligating the Republic of Armenia not to enforce recently adopted provisions of the "Law on Energy" and the "Law on the Public Services Regulatory Commission" against the Electric Networks of Armenia CJSC. The ruling also ordered Armenia to halt any further actions toward potential expropriation of ENA.
The Armenian government responded to the July 22 ruling, stating that the scope of the dispute differs from the objectives behind the decision to appoint an interim administrator. The government emphasized that while respecting the arbitration decision, all parties are also bound by Armenian law.
