| Issue Number : 713

Job Creation Law Updates - The Energy and Mineral Resources Sector: Minerals, Coal, Geothermal Energy and Electricity

Overview

In the wake of the issuance of Law No. 11 of 2020 on Job Creation (“Job-Creation Law”), which greatly revised a significant number of provisions that apply within the energy and mineral resources sector, the government has now finally issued Regulation of the Government No. 25 of 2021 on the Organization of the Energy and Mineral Resources Sector (“Regulation 25/2021”)[1] in order to implement the various revisions initially introduced under the Job-Creation Law that address the minerals, coal, geothermal energy and electricity sectors.[2] Moreover, the issuance of Regulation 25/2021 also has a bearing on Regulation of the Government No. 7 of 2017 on the Indirect Utilization of Geothermal Energy (“Regulation 7/2017”),[3] since several of its provisions have now been repealed and replaced through the issuance of Regulation 25/2021.[4]

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Overview

In the wake of the issuance of Law No. 11 of 2020 on Job Creation (“Job-Creation Law”), which greatly revised a significant number of provisions that apply within the energy and mineral resources sector, the government has now finally issued Regulation of the Government No. 25 of 2021 on the Organization of the Energy and Mineral Resources Sector (“Regulation 25/2021”)[1] in order to implement the various revisions initially introduced under the Job-Creation Law that address the minerals, coal, geothermal energy and electricity sectors.[2] Moreover, the issuance of Regulation 25/2021 also has a bearing on Regulation of the Government No. 7 of 2017 on the Indirect Utilization of Geothermal Energy (“Regulation 7/2017”),[3] since several of its provisions have now been repealed and replaced through the issuance of Regulation 25/2021.[4]

......

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Hukumonline Pro Intelligence

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