The Progress Of The Formation Of MIP Entering The Finalization Stage, Here's The Coal Compensation Fund Governance Scheme

Illustration (Photo: Doc. Antara)

JAKARTA - Minister of Energy and Mineral Resources (ESDM) Arifin Tasrif held a working meeting (Raker) with Commission VII of the DPR RI to discuss the progress of the establishment of a Coal Compensation Fund Management Partner (MIP DKB).

On this occasion, Arifin also explained the DKB governance scheme, namely in terms of DKB management.

In terms of DKB management, the BUMN candidates who will be appointed as MIP for the collection and distribution of DKB are 3 state-owned banks, namely Bank Mandiri BNI and BRI.

"All MIP candidates agreed to use the dashboard of the system developed by Bank Mandiri (edKB system), and agreed not to include the leading bank," said Arifin, Tuesday, November 21.

The technical instructions (juknis) for work flow and responsibility between Management Agencies (IP) and MIP in detail will be regulated in the Draft Permen / Design of the Ministry of Energy and Mineral Resources.

Arifin also said that when the DKB collection was still subject to royalty obligations, while when the distribution of DKB to domestic coal suppliers was subject to a Value Added Tax (VAT) obligation.

"Then the EDKB system will be integrated with the ePNBP system in the scheme for implementing the collection and distribution of DKB," added Arifin.

Coal coding coal is excluded from MIP obligations but is still required by DMO so that there is still a need for regulation regarding the obligation to fine and compensation for DMO.

As previously reported, the progress of establishing the MIP coal compensation fund itself has entered the finalization stage of the draft presidential regulation (Perpres).

"We have conveyed that the formation of a Management Agency Partner (MIP) for coal compensation funds (DKB) is currently in the finalization stage," said Minister of Energy and Mineral Resources Arifin Tasrif, Tuesday.

He admitted that together with the Minister of SOEs, Erick Thohir, he had signed a signature and there was still the latest input from the Coordinating Ministry for Maritime Affairs and Investment (Kemenko Marves).

"We have submitted the latest input today to the State Secretariat (Setneg)," said Arifin.

A number of derivative rules and applications supporting MIP are also being prepared, namely, the Regulation of the Minister of Drug Affairs (PMK) which regulates the tariff of the Coal Compensation Fund (DKB), the Minister of Industry/Depmen Junis Procedures for Evicting and Distribution of DKB.

Then, the Kepmen Rasio which will be issued every three months or at any time is needed and the Revision of the Minister of Energy and Mineral Resources Decree No. 58 of 2022 related to the selling price of coal amounting to 90 US dollars per tonne for fueling the domestic cement and fertilizer industry according to the contents of the Presidential Decree whose products are used domestically.

"For this reason, it is necessary to support the ministry of institutions, including accelerating the completion of PMK tariffs for coal compensation funds, completing the e-DKB application system including networks and their security and accelerating the development of additional value improvements (PNT) for Metalurgi coal," concluded Arifin.