Govt relaxes permits for power plant investors

The government has simplified a number of regulations and is offering incentives for investment in the electricity sector in an effort to speed up the realization of the 35,000 MW power-generation project, an official has said.

Indonesian Investment Coordinating Board (BKPM) deputy director for investment planning Tamba Hutapea confirmed that permit issuance was among the regulations simplified.

Tamba said investors now only needed to get 25 permits and wait about 256 days to have them processed. In the past, they needed to get 52 permits, which took around 923 days to process.

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Posted October 2, 2015 by repit in News

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