Mechanism for Purchases of Electricity from Renewable-Energy Power Plants Further Amended

In a bid to accelerate the development of renewable energy in order to meet domestic demand for electricity,[1] the Minister of Energy and Mineral Resources (“Minister”) recently issued Regulation No. 4 of 2020 on the Second Amendment (“Second Amendment”) to Regulation of the Minister No. 50 of 2017 on the Utilization of Renewable Energy Resources for the Production of Electricity (“Regulation 50/2017”).[2] Regulation 50/2017 was amended once previously through the issuance of Regulation of the Minister No. 53 of 2018 (“Regulation 53/2018”).