Complements

The major barriers to the realization of suggested CDM project activity are the following:

Investment barriers:
- The program of energy saving is valid until 2012, which includes intro-duction of energy efficient outdoor lighting lamps in Tashkent, and the funds for these activities are not allocated yet.

Technological barriers:
- Absence of high efficient sodium lamps and lanterns production for out-door lighting systems in the country.

The practical barriers and financial barriers, based due to:

- According to point-6 of paragraph-2 of the “Regulations about forming of maximal contractual prices” approved by the Decree of the Cabinet of Ministers of the Republic of Uzbekistan (No.1415 dated 29/09/2004): “…Calculation and approval of the prices should be performed on the basis of expenses and profit indicators…”. Presently, however, de-clared service tariffs are approved according not to the actual ex-penses but to the sum stipulated by the budgetary parameters, of about 90% of the real expenses. Additionally no price adjustment is performed during the fiscal year, despite its urgent necessity due to changing power and materiel prices, wages and other expenses.

- Absence of production developments funding, which does not allow the company to introduce the new energy saving technologies and reno-vate its capital assets, etc. 

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