The Ministry of Energy and Mineral Resources (“MEMR”) has recently promulgated the 2020 Electricity Generation Cost (Biaya Pokok Penyediaan Pembangkitan (BPP)) of PT PLN (Persero) (PLN) through MEMR Decree No. 169.K/HK.02/MEM.M/2021 dated 8 September 2021 (2020 BPP Decree). Based on the 2020 BPP Decree, the 2020...
On 10 June 2020, the Government of Indonesia issued Law No. 3 of 2020 on Mineral and Coal that has been amended by Law No. 11 of 2020 on Job Creation (Mining Law). The Mining Law introduced several significant changes to the mining sector, which...
The Indonesian National Arbitration Board, which is located in Mampang (also known as BANI Mampang or the BANI Arbitration Centre), has amended its arbitration rules in 2021. The latest changes became effective on 1 July 2021 (the 2021 BANI Rules). In this article, we will compare the...
After long pros and cons discussions among multiple stakeholders, the Minister of Energy and Mineral Resource (MEMR) has finally issued MEMR Regulation No. 26 of 2021 on Solar Rooftop Connected to the Grid of Power Supply Business License for Public Interest (IUPTLU) Holders (MEMR Reg....
Our recent publication re: “Transforming Indonesia’s Energy Landscape: from Fossil Fuel to New and Renewable Energy.” was featured in Coal Asia volume 129. Our power and renewables partner Kirana Sastrawijaya, and associates Angela Vania Rustandi, Davin Rizky Abdurahman, and Yorda Lazuardi discuss the energy trend in...
The duality of the Indonesian National Arbitration Board (Badan Arbitrase Nasional Indonesia or BANI) enters a new chapter, and a new entity has entered the stage: the Indonesian Chamber of Commerce (Kamar Dagang dan Industri Indonesia or KADIN). The newest lawsuit was filed by KADIN against...
On 2 February 2021, the Government of the Republic of Indonesia issued Government Regulation No. 35 of 2021 on Fixed-Term Employment Agreement, Outsourcing, Working Time and Rest Time, and Termination of Employment (GR 35/2021). GR 35/2021 is one of the longest-awaited regulations mandated under Law...
The “Positive List” Under the Newly Issued Presidential Regulation No. 10 of 2021 on Investment Business Activities - A Real Game Changer! The long anticipated Presidential Regulation No. 10 of 2021 on Investment Business Activities was finally issued on 2 February 2021, officially replacing the previous...
It is expected that the enactment of Law No. 11 of 2020 on Job Creation on 2 November 2020 (Omnibus Law), which among others amended Law No. 25 of 2007 on Investment, will attract foreign and domestic investment activities and increase the ease of doing...
Isu kerugian BUMN dan anak perusahaannya sebagai bagian dari kerugian negara yang berujung pada tindak pidana korupsi kerap menjadi momok bagi manajemen BUMN yang bersangkutan dikarenakan kerugian negara tidak pernah didefinisikan secara lugas dan sering kali penegak hukum mencampuradukkan isu kesalahan pengambilan keputusan bisnis dengan...