A draft government decision recognizing an overriding public interest in 100% of the shares of Electric Networks of Armenia (ENA) CJSC has been submitted for public discussion by the Ministry of Territorial Administration and Infrastructure.

The draft states that electricity distribution networks are strategic infrastructure by nature, and any disruption could have broad social, economic and security consequences. For that reason, the state has both the right and the constitutional obligation to intervene when public interest must be protected. If adopted, the decision would recognize an overriding public interest in 100% of ENA’s shares.

The draft’s justification notes that, by initiating the process to terminate ENA’s license, the Public Services Regulatory Commission (PSRC) identified possible violations or risks that could threaten the public interest. These concerns may involve uninterrupted electricity supply to the population, the proper operation of socially and strategically important facilities, energy system stability and the protection of consumer rights.

In this case, the overriding public interest lies in ensuring the uninterrupted delivery of essential services to the population, maintaining energy security and protecting public order. Therefore, the draft argues that there are sufficient legal and public grounds to recognize ENA’s activities as serving an overriding public interest.

The PSRC previously discussed the issue at its November 13, 2025 meeting, considering whether to terminate Electric Networks of Armenia CJSC’s license for electricity distribution by declaring it invalid and revoking it.

The grounds for depriving the license were stated as under-registrations, additions, provision of unreliable information, network and market rules and other violations by the ENA.

700,000 consumers were deprived of the opportunity to exercise the right to objectively receive complete information about their consumption or access to it. In addition, it was recorded that 10.8 million drams of additional expenses were added to consumers, which caused additional expenses.