April 2025
On 27 February 2025, the Minister of Energy and Mineral Resources ("MEMR") issued Regulation No. 5 of 2025 on Guidelines for Renewable PPAs ("MEMR 5/2025"). That comes eight years after the MEMR issued the first regulation that in a material way sought to impose certain requirements for provisions in non-renewable power purchase agreements (PPAs) (i.e., MEMR Regulation No. 10 of 2017 on Principles of PPAs, which has been amended several times – "MEMR 10/2017"). We set out our analysis of MEMR 5/2025 in this alert.