Indonesia streamlining and speeding up geothermal permitting
Merdeka Palace - one of 6 presidential palaces in Jakarta/ Indonesia (source: flickr/ BxHxTxCx, creative commons)
Alexander Richter
15 Aug 2016
A new ministerial regulation set in Indonesia, will provide geothermal energy projects and investors a similar preferential treatment with regards to business permitting. This could now allow a process that would take only 3 hours.
Being behind on its ambitious geothermal development target, the Indonesian government is looking at various ways to help accelerate development.
One of the things that has been a hinderance in development has been the lengthy process of getting necessary business permits.
The government has now announced changes to the permitting system, that would streamline the process and help make things easier for investors.
Under a new regulation by the Energy and Mineral Resources Ministry, the geothermal industry would be entitled to priority investment services and investors can obtain necessary permits within three hours at the Investment Coordinating Board (BKPM), a privilege already in existence for other industries.
This would speed up various permit process helping to make things more business friendly.
“Geothermal investors are also entitled to the one-stop service at the board”, so The Jakarta Post, “in which documents like the geothermal business license and temporary electricity supply permit can be completed without visiting other related institutions.
BKPM director of agribusiness and natural resources investment planning Hanung Harimba Rachman said the board in cooperation with the Energy and Mineral Resources Ministry was seeking to further streamline doing business in the sector.
“We are currently in talks with the ministry to determine other permits that can be delegated to the BKPM,” Hanung said on the sidelines of the 4th Indonesia International Geothermal Convention and Exhibition in Jakarta last week.
Source: The Jakarta Post
