Bisnis.com, JAKARTA - The Ministry of Energy and Mineral Resources, or ESDM, issued'a crucial policy, curbing coal exports from January 1 to 31, 2022, as coal supply to fuel power plants depletes. On the other hand, business players protested the sudden decision.
The regulation, stated in a decree B-1605/MB.05/DJB.B/2021 dated December 31, 2021, stipulates three main points. First, the government bans coal producers from exporting coal from January 1 to 31, 2022, as the coal supplies for PLN and independent power producer coal-fired power plants (PLTU) are critically low.
The government mandates producers to supply all coal to meet electricity demands for the public interest under the domestic market obligation (DMO) and assignments to companies or contracts with PLN and IPP.