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Economy

"Armenian Authorities avoided both participation of other companies well-known in the power resources sphere, public discussion and serious alternative expert examination and one company only took part in the PDNs' tender, i.e., idea of competition was infringed" ,- Union for Constitutional Right says in its statement released.

"Armenian Electricity Supply Networks" CJSC was evaluated by the only participant and bought at a much lower price . The State will get only $ 12 million from that bargain which is as well lower by a few dozens times. Besides, the tender held runs counter to the Armenian Constitution - the buyer is not specified in the power resourecs field.