ArmInfo. Unlike the Electric Networks of Armenia, Veolia Jur does not own the water supply system and is not responsible for the deterioration of the network. This was stated by Mesrop Mesropyan, Chairman of the Public Services Regulatory Commission of the Republic of Armenia, to journalists on November 6.
According to him, the Armenian side transferred the completely deteriorated water supply system to the trust management of a private operator, Veolia. Mesropyan noted that the state should have financed the company's recovery, but this never happened. Moreover, today some officials who previously headed the Ministry of Justice are criticizing the company for what they should have done themselves. The current government has already invested 10 billion drams in water supply system modernization by 2025, 8 billion of which were utilized during the same year. As a result of these investments, the volume of water entering Yerevan has significantly increased from 270 liters per second. Today, the capital already receives 8 million cubic meters of water. The goal is to provide 24-hour water supply to Yerevan, Gyumri, and Vanadzor over the next five years. Veolia Jur is the sole operator of water supply and sanitation systems in Armenia. It implements long-term and ongoing investment programs in cooperation with the Water Committee of the Republic of Armenia. The agreement between Veolia Jur and the Water Committee envisages investments of approximately 11 billion drams for the modernization of water supply and sanitation systems. The company has invested approximately 5 billion drams in the modernization of drinking water infrastructure in the capital alone. Under the concession/lease agreement, the company's total mandatory capital investment for the entire period is 45 billion drams. The Armenian government is raising additional credit funds, for example, approximately 70.4 million euros and packages of up to $185 million, to support the modernization of the operator's water management and infrastructure.
