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RESOLUTION OF THE CABINET OF MINISTERS OF THE REPUBLIC OF UZBEKISTAN

of February 27, 2015 No. 35

About preservation of not used fixed assets and objects of construction in progress of the companies SAC of Uzbekenergo

For the purpose of rational use of production capacities of the companies and providing necessary conditions for financial improvement of the companies of industry the Cabinet of Ministers decides SAC of Uzbekenergo, reduction of costs on temporarily idle property:

1. Accept the offer of the Ministry of Economics, Ministry of Finance, State Tax Committee, Goskomkonkurention of the Republic of Uzbekistan and SAC of Uzbekenergo about preservation, in accordance with the established procedure, for a period of 2 years of not used fixed assets and objects of construction in progress of JSC Takhiatashsky Thermal Power Plant and JSC New and Angren Thermal Power Plant SAC of Uzbekenergo according to the list according to appendix No. 1.

2. SAC of Uzbekenergo to provide accomplishment of the actions connected with preservation, safety and readiness for operation of all types of the preserved fixed assets and objects of construction in progress during their preservation in strict accordance with requirements of the Resolution of the Cabinet of Ministers of September 16, 2003 No. 401 "About approval of the Regulations on procedure for preservation of not used fixed assets and objects of construction in progress" (the joint venture of the Republic of Uzbekistan, 2003, No. 9, the Art. 84).

3. Determine that:

actions for preservation, protection of the preserved fixed assets and objects of construction in progress are provided at the expense of own means of JSC Takhiatashsky Thermal Power Plant and JSC New and Angren Thermal Power Plant of the companies SAC of Uzbekenergo;

carrying out preservation does not involve decrease in production volumes.

4. Make changes to some decisions of the Government of the Republic of Uzbekistan according to appendix No. 2.

5. To impose control of execution of this resolution on the deputy prime minister of the Republic of Uzbekistan G. I. Ibragimov.

Prime Minister of the Republic of Uzbekistan

Sh. Mirziyoev

Appendix No. 1

to the Resolution of the Cabinet of Ministers of the Republic of Uzbekistan of February 27, 2015 No. 35

The list of not used fixed assets and objects of construction in progress of JSC Takhiatashsky Thermal Power Plant and JSC New and Angren Thermal Power Plant SAC of Uzbekenergo, preservation subjects

Name

companies

The list of the objects which are subject to preservation

Residual cost

for 01.10.2014.

(one million bags)

Occupied

area

(hectare)

Preservation reasons

1

JSC Takhiatashsky Thermal Power Plant

Fuel oil storage tank

11 331,2

37,91

Lack of need for use

2

JSC New and Angren Thermal Power Plant

Main case, block No. 8

4 315,4

2,2

Temporary lack of financing of further construction

Flexible communications, block No. 8

18,7

1,26

Water-cooling tower No. 4

3 072,9

1,44

Fuel oil storage tank

1 050,7

37,27


In total

19 788,9

80,08


Appendix No. 2

to the Resolution of the Cabinet of Ministers of the Republic of Uzbekistan of February 27, 2015 No. 35

The changes made to some decisions of the Government of the Republic of Uzbekistan

1. Item 4.1 of the Program - "road map" for financial improvement of JSC Takhiatashsky Thermal Power Plant approved by the resolution of the Cabinet of Ministers of June 6, 2014 No. 145, to state in the following edition:

4.1

Optimization of fixed assets and land by realization of the 32-apartment apartment house on residual cost.

July, 2014.

SAC of Uzbekenergo, JSC Takhiatashsky Thermal Power Plant

Replenishment of current assets on 750 million bags.

2. Or in authorized capitals of the relevant organizations, the Cabinet of Ministers approved by the resolution of July 15, 2014 192, the Line 8 to exclude No. from the List of objects, including the social and production infrastructure transferred to public authorities on places to operational board.

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