headimage

Legal Insight on new RUPTL: Implications for electricity business


Register Now

Wednesday, 3 November 2021 & Thursday, 4 November 2021


Background


The government has finally approved the much-awaited new electricity procurement business plan (RUPTL) of state-owned electricity firm PT PLN for the period of 2021-2030.

According to the new RUPTL, the planned additional power plant capacity of 40.6 GW comprises of 20.9 GW of renewable-based power generation (51.6%) and 19.7 GW of fossil-based generation (48.4%).

The RUPTL gave independent power producers (IPPs) greater role in the development of new power plant capacity over the next 10-year period.

Of the total new power plant capacity of 40.6 GW to be developed in the 10-year period, about 26.3 GW or 64.8 percent is allocated for IPPs, while the remaining 14.3 GW or 35.2 percent allocated for PLN.

PLN said that of the total new power plant capacity of 26.3 GW to be developed by IPPs, 11.8 GW will be renewable-based generation and 14.5 GW fossil-based generation. In comparison, PLN will develop only 9.1 GW of renewable-based power generation and 5.1 GW of fossil-based plants.

Minister of Energy and Mineral Resources Arifin Tasrif, who described the new RUPTL as a “greener” RUPTL due to the greater portion of renewables in the planned additional power generation capacity, said the government is seeking to increase the share of renewables in the country’s energy mix to 23 percent by 2025 from around 14 percent at the end of last year, and to fulfill its 2030 emission reduction commitment as set under the Paris Agreement.

The country has been facing a number of challenges in developing renewable-based power plants including with regards to the huge funding requirement. The government is currently finalizing a new presidential regulation regarding tariff of electricity from renewable-based plants in a bid to help significantly increase private sector investment in the renewables sector.

The webinar series would focus to explore the implications of the issuance of RUPTL into the future of power generation from coal-fired power plants, renewable energy and electric vehicles.

Key discussion points of webinar are;
  • Exploring key changes of the RUPTL 2021-2030 to the previous RUPTL?
  • What are implications of RUPTL for coal-fired power plant sector?
  • What are implications of RUPTL on the future of new and renewable energy in Indonesia?
  • Exploring new opportunities for new investment on electricity business in Indonesia
  • What are RUPTL’s appetites for investors of electric vehicles and Battery Energy Storage System?
  • Foreign investors’ perceptive on new RUPTL on Indonesian power plants sector?

Rundown


Day One: Wednesday, 3 November 2021
14.00 Introduction and opening remarks
Hendra Sinadia, Executive Director of Indonesia Coal Mining Association
14.10 New RUPTL and implications for the future of EV battery and Battery Energy Storage System (BESS) business in Indonesia.

Speaker:
Arfidea D. Saraswati,
Partner of Akset Law
14.40 Legal Indepth of new RUPTL on the future of solar power plant and rooftop solar project in Indonesia.

Speaker:
Kanya Satwika,
Partner of Assegaf Hamzah and Partners.
15.10 New RUPTL and the future of developing renewable energy projects in Indonesia. What existing investors and potential investors need to know?

Speaker:
Kirana D. Sastrawijaya,
Senior Partner of UMBRA – Strategic Legal Solutions.
16.00 End of webinar
Day Two: Thursday, 4 November 2021
14.00 Introduction and opening remarks
Hendra Sinadia, Executive Director of Indonesia Coal Mining Association
14.10 New RUPTL - legal implications for coal-fired power plants in Indonesia and the future of new investment.

Speaker:
Norman Bissett,
Foreign Legal Consultant of HHP Law Firm (Hadiputranto, Hadinoto & Partners)
14.40 New RUPTL and the future of carbon tax policy in coal-fired power plants.

Speaker:
Michael Tardif,
Foreign Legal Consultant (partner level), Ginting & Reksodiputro in association with Allen & Overy
15.10 New RUPTL – exploring the changes in coal supply policies to the PLN.
16.00 End of Webinar
Day/Date

Wednesday, 3 November 2021 &
Thursday, 4 November 2021
14.00 – 16.00, Jakarta Time

Investment

IDR.1,000,000/participant
*) Recorded Webinar Video, Webinar Materials *) Cancellation Fee : 7 days before the event : 80%
Platform

Zoom Webinar
(access details shared after registration)


Register Now