ArmEnergo was formed in November 1936 by the decision of the Soviet Union, with the aim of managing and controlling the exploitation and development of electric stations and networks.

Following the collapse of the Soviet Union in 1991, Armenian economic reforms, and dawn of an energy crisis, Armenia required new control mechanisms.

Today, the main aim of the ministry is to develop and maintain the governance policy of Armenia in the sphere of energy infrastructures and natural resources.

The ministry reports that there is an abundance of iron, copper, molybdenum, lead, zinc, gold, silver, antimony, aluminum, and also other types of minerals and metals in Armenia.

Energy security is a system of political, economic, legal, organizational, methodological, and other activities that provide affordable prices to meet the daily needs of high-quality and reliable power supply, as well as in emergency situations, such as during periods of war.

This sector's aim is to ensure the kind of progress that will create preconditions for the harmonization and balance of environmental issues for sustainable development of the next generation, while reducing energy loss.

In the framework of this policy, there are programs to neutralize internal and external threats, including the extension of the Armenian Nuclear Power Plant, and for the construction of new cost-effective electricity generating facilities.