MEMR issues three regulations to lure investment in electricity sector
Saturday, January 18 2014 - 06:59 AM WIB
In a bid to help lure private investment into the country?s electricity generation, the Ministry of Energy and Mineral Resources (MEMR) late last year issued three regulations, said Agus Tribisono, a director at the Directorate General of Electricity.
The three new regulations are as follows.
MEMR Regulation No 35/2013, which arranges the mechanism in obtaining permits for power generation, transmission, distribution, and sales, both for private or public supply. In addition, the regulation also arranges the mechanism in obtaining permit for the supporting businesses.
MEMR Regulation No 36/2013, which regulates the mechanism on the utilization of electricity network for the telecommunications, multimedia, and information industry without disturbing the electricity supply by taking advantage of supporting network, fiber optic, conductor and pilot cable.
MEMR Regulation No 38/2013, which regulates compensation payment for owners of land, properties, and plants located in free high voltage areas. The compensation is given without the land owners losing rights over their properties. Price appraisal for the properties will be made by independent parties, the result of which will be included in the formula to calculate the compensation.
Editing by Reiner Simanjuntak