The government forcibly took over ENA’s management in July, accusing its parent company owned by Karapetian, Tashir Group, of mismanaging the power distribution network. In that case, Pashinian’s government will have to pay Tashir hefty compensation exceeding ENA’s market value by 15 percent. “If ENA’s market value is affordable for the state budget, we will nationalize it in full and then contract a professional foreign company or group of companies to manage it,” Pashinian told journalists. “A process of assessing the market value of ENA is now underway.”He declined to say who is determining the utility’s valuation or give other details of that process. Ghazinian said that only an independent international entity can objectively estimate ENA’s market value.