Ministry of Finance FGD on Fiscal Incentives for Renewable Energy

EuroCham Energy Working Group was invited to attend the Focus Group Discussion (FDG) held by Ministry of Finance on March 21, 2018, to discuss about fiscal incentives scheme for renewable energy.

Referring to PMK No.21/PMK.011/2010 the Ministry of Finance has actually provided fiscal incentives for renewable energy in the format of tax allowance and duty exemption for duty. However the National Fiscal Policy (BKF) claims that currently the utilization of such facilities are still low. The FGD tries to identify the reason behind, where it is lack of socialization or any technical difficulties in implementation or simply not attractive to motivate the business player enough.

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