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An Armenian court clears the runway for the grid takeover

The Administrative Court has refused to accept Tashir Capital’s lawsuit against the government concerning 70% of the shares of Electric Networks of Armenia, the infrastructure ministry announced on Tuesday. The refusal lands days before the government is due to declare the company an overriding public interest, and it closes the owner’s last visible domestic avenue.

An Armenian court clears the runway for the grid takeover

The ministry’s announcement, carried by ARKA on 14 July, states the court declined to accept the suit; the 70% scope is the ministry’s own description, and neither side’s filings are public. It joins a short list of domestic outcomes that have all pointed one way: the challenge to the license revocation was rejected, the Constitutional Court validated the takeover laws in March, and now the property suit does not reach a hearing.

The timing is the story. The public consultation on the takeover decision closed on 8 July; the interim manager has promised the government decision for mid-July, and the draft, valuation-plus-compensation machinery included, sits ready on the legal portal. A domestic legal system that produces its last refusal in the same week the decision is due has, in effect, synchronized with the executive calendar, which is precisely what Tashir’s lawyers will argue in the venue that remains.

That venue is Stockholm, where the family’s arbitration is already split into a jurisdiction phase, where an emergency arbitrator’s July 2025 order to refrain from expropriation stands, and where Yerevan has declared that order non-binding. Every domestic door that closes adds a paragraph to the international file. The decision this desk has been loaded for since 13 July can now arrive any day; when it does, the domestic record will be complete, and the argument will move entirely offshore.

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