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Equity Crowdfunding In Indonesia – Update from OJK Socialization Event

  The Financial Services Authority (Otoritas Jasa Keuangan - OJK) issued OJK Regulation No. 37/POJK.04/2018 on Equity Crowdfunding (“OJK Regulation No. 37/2018”) on 31 December 2018. OJK has also held a socialization event regarding OJK Regulation No. 37/2018 on 29 January 2019 (“Socialization”). Backgrounds The rapid growth of...

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Client Newsletter – Rooftop Solar PV Rule Issued

Indonesian Government has just recently issued a long-awaited Minister of Energy and Mineral Resources Regulation governing a rooftop solar PV system installation and operation through Minister of Energy and Mineral Resources Regulation No. 49 of 2018 on Rooftop Photovoltaic System Usage by PT PLN Customers...

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Client Newsletter – New Geothermal Working Areas Tender Rules

The Minister of Energy and Mineral Resources (“MEMR”) has recently issued MEMR Regulation No. 37 Year 2018 on Offering of Geothermal Working Areas, Issuance of Geothermal License and Geothermal Business Assignment (“MEMR 37/2018”) which provides detailed provisions on, among other things, geothermal working areas tender...

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