The Minister of Energy and Mineral Resources Amends the Purchase Scheme for Renewable Sourced Electricity
At the end of February 2020, the Minister of Energy and Mineral Resources (“MEMR”) issued Regulation No. 4 of 2020 (“Reg. 4/2020”), as a second amendment to MEMR Regulation No. 50 of 2017 on the Use of Renewable Energy for the Provision of Electric Power. Reg. 4/2020 was issued in order to accelerate the development of renewable energy in the electric power sector as well as to improve the economic value of power plants using sources of renewable energy that were partly or fully built by the Government of Indonesia.