|Policy status:||In Force|
|Policy Type:||Economic Instruments>Fiscal/financial incentives>Grants and subsidies|
|Renewable Energy Policy Targets:||Geothermal|
|Size of Plant Targeted:||Small and Large|
|Agency:||Ministry of Finance|
|Renewable Energy Description:|
The Government Regulation No. 59/2007 on Geothermal Business Activities, regulates geothermal activities, including surveys, exploration, feasibility studies, exploitation, and utilisation. It also sets out procedures and requirements for obtaining permits; bids for work areas and bid requirements and procedures; geothermal data; supervision on geothermal mining business operations; administrative sanctions; etc.
To support the Regulation, the Indonesian government has set up a number of policies to support investments in geothermal energy projects.
The 2007 Regulation was amended in 2010 by the Government Regulation of RI No. 70/2010. It specifically amends article 86, by extending the time limit for holders of authority, permit and/or contract to conduct exploitation activities in any work area.
|Related policies:||Tax exemption on goods for geothermal exploration (No. 22/PMK.011/2011) , Old Geothermal Law (No. 27/2003) , New Geothermal Law (No. 21/2014)|
Last modified: Thu, 19 Mar 2015 17:17:39 CET