MEETING WITH THE WORLD BANK REPRESENTATIVES

On July 25, business meeting with the World Bank experts - Arthur Kochnakyan and Abgar Budaghyan and the Senior Operations Officer, Europe & Central Asia Region Energy & Extractives Global Practice, Mr. Joseph Melitauri was held at the office of ESCO. The meeting discussed the issues related to the direct contract based energy trade, export activities, wholesale energy price formation and the liabilities related to the PPAs, signed with the newly constructed power plants.