Shearman & Sterling LLP (JD Supra Indonesia)
2 results for Shearman & Sterling LLP (JD Supra Indonesia)
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Indonesia’s MEMR Regulation 12: A Step Forward or a Step Back?
Despite a significant renewable energy potential, Indonesia currently only produces six percent of its electricity from renewable energy. The Indonesian government is targeting increasing this to 23 percent by 2025. Many view this as ambitious given the pace at which renewable energy projects have been developed in Indonesia in recent years.
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MEMR Regulation 10 of 2017 of Indonesia: Blurring the Lines
Indonesia’s state-owned power company, PT PLN (Persero) (PLN) has a long track record of successfully financed independent power projects (IPPs) and a very well established form of power purchase agreement (PPA). It has to date succeeded in implementing new government regulations (such as the Currency Law of 2011 requiring the mandatory use of rupiah in transactions within Indonesia) while...