Monday, November 7, 2016

Indonesia: "Takes Years for Investors to Obtain Geothermal Exploration Permit" - Analyst

Red tape hampers geothermal energy development (Jakarta Post)


Despite Indonesia’s abundant potential geothermal energy, industry players were discouraged from investing in the sector due to excessive red tape in the country, an energy analyst has suggested.

Jakarta-based think-tank Institute for Essential Services Reform (IESR) executive director Fabby Tumiwa said the issuance of multiple regulations at the regional level – as a result of decentralization – had created multi-layered bureaucratic challenges for investors interested in developing geothermal energy.

“It could take years for investors to obtain an exploration permit,” he said during a public discussion on Sunday in Jakarta.

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