Revision on Geothermal Law Will Be Passed By July (English Hukumonline)
The Indonesian Government is currently drafting an amendment to revise Law No. 27 of 2003 on Geothermal Energy (Geothermal Law). The amendment is scheduled to be passed by the House in May or June this year.
According to the Government, the revision is expected to resolve current issues related to the geothermal energy sector, including geothermal energy prices, complicated licensing procedures and insufficient investment.
“With the revision, it is hoped that all problems deterring the development of geothermal energy, such as overlapping regulatory issues, can be resolved,” stated Trisnaldi, Director of Geothermal Energy at the Ministry of Energy and Mineral Resources last Thursday.
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