Sherabad Cement Plant Resolves 1 Billion UZS Gas Debt Following Tariff Dispute
Competition Committee Overturns Unjust Fine on Sherabad Cement Plant
In a recent victory for the Sherabad Cement Plant, the Competition Committee has successfully overturned a fine that was imposed unjustly. The fine, which was based on inflated tariffs, was revealed to be a result of incorrect calculations due to the plant’s previous ownership under the Almalyk Mining and Metallurgical Complex (AMMC).
Representatives of the plant brought the issue to the attention of the supervisory body’s department in the Surkhandarya region in October. They accused the local branch of “Hududgaztaminot” of incorrectly calculating the debt by applying inflated gas tariffs and failing to consider previously paid amounts.
Upon investigation, the Committee discovered that “Hududgaz Surkhondaryo” had indeed applied inflated gas tariffs to the Sherabad Cement Plant in July-August 2022. This was attributed to the change in ownership, as the plant had only recently been separated from the AMMC structure.
Furthermore, it was found that during the month of August, the cost of gas for the plant was calculated based on the AMMC tariff of 1,300 UZS per cubic meter, as opposed to the standard rate of 1,000 UZS for other companies. This resulted in an excess debt of approximately 1 billion UZS being unfairly accrued.
In response to these findings, a special commission of the Committee initiated a case against “Hududgaz Surkhondaryo.” The branch was directed to recalculate the gas payments in favor of the Sherabad Cement Plant, thus rectifying the unjust fine that had been imposed.
This successful outcome serves as a reminder of the importance of fair and accurate calculations in business transactions, and the need for regulatory bodies to intervene when unjust penalties are imposed. The Competition Committee’s intervention in this case has ensured that the Sherabad Cement Plant can continue its operations without facing undue financial burdens.
