UNION FENOSA MAY REFUSE TO PARTICIPATE IN PRIVATIZATION OF ARMENIAN DISTRIBUTIVE POWER NETWORKS

YEREVAN, March 30. /Mediamax/. The Spanish Union Fenosa company may soon announce about its refusal to participate in privatization of Armenian distributive power networks, Mediamax was informed from well-informed sources.
The Minister for Energy Karen Galustian said Thursday that the tender committee had received an official letter from the Swiss-Swedish ABB company saying the company refuses to participate in the tender. The ABB representation in Yerevan confirmed today this information refusing to explain the reasons. –0–