The Indonesian government has taken a significant step in promoting domestic participation in the energy sector with the recent enactment of Minister of Energy and Mineral Resources Regulation No. 11 of 2024 on Utilisation of Domestic Products for the Construction of Electrical Infrastructure (“Regulation”). This new Regulation sets the new local content requirements for the energy sector as the previous regulation on local content, Minister of Industry Regulation No. 54 of 2012, has been revoked.
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