Huge Stocks of Scrap Black and Colored Metals Accumulated in HEC's Warehouses

The Electric Networks of Armenia (HEC) has issued a statement announcing a preliminary market study aimed at selling decommissioned and non-reusable black and colored metals, as well as other types of waste stored in its warehouses.

To ensure its normal operations and fulfill its obligations, HEC intends to organize an open competitive process for the sale of the unusable black and colored metals, as well as other types of waste currently held in the company’s warehouses.

To ensure the objectivity, inclusivity, and transparency of the competitive process initiated by the company, a preliminary market study will be conducted, price inquiries will be made, and offers will be sought from a wide range of potential operators in the sector.

For the purpose of price inquiries, the company invites legal entities and individual entrepreneurs who wish to participate or express interest to submit the name of the organization or individual entrepreneur, contact phone number, and email address to the following email address by November 25 of this year.

After the deadline, a representative of the company will contact all interested operators to facilitate the subsequent process of the price inquiry mentioned in the announcement.