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Republic of Armenia : Maximizing Finance for Development in the Power Sector (English)

The objective of this study is to support the government of Armenia to identify the constraints and develop a financing roadmap for mobilization of private and commercial financing in electricity generation and transmission in Armenia, while minimizing the impact on the end-user tariffs. The OECD Guidelines on Corporate Governance of State-Owned Enterprises (SOEs) are the internationally agreed standard for how governments should exercise the state ownership function to avoid the pitfalls of both passive ownership and excessive state intervention. The recommendations of the guidelines are tailored to the current needs of SOEs taking into account Armenia’s legislative framework and regulatory environment.

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Citation

Zalinyan,Emil Kochnakyan,Artur

Republic of Armenia : Maximizing Finance for Development in the Power Sector (English). Energy Sector Management Assistance Program (ESMAP) Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/484661624022803488/Republic-of-Armenia-Maximizing-Finance-for-Development-in-the-Power-Sector