Keppel Energy granted conditional approval to import 1GW of electricity from Cambodia to Singapore

Energy Market Authority to import 1 gigawatt of electricity from Cambodia to Singapore, the statutory board announced on Thursday .

“The planning and implementation are multi-step processes, including Environmental Impact Assessment, and are subject to future development works, which could be undertaken by separate consortia,” said the spokesperson. Speaking at the signing ceremony on Wednesday, Second Minister for Trade and Industry Tan See Leng said that the partnership between Keppel and RGP demonstrates the"strong commercial interest and viability" of renewable energy co-development projects for cross-border electricity trade.

The conditional approval for Keppel Energy recognises that the project has been preliminarily assessed to be technically and commercially viable, said EMA. Should proposals meet the requirements set out in the conditional approval, EMA can subsequently issue these participants conditional licences. "The MOU, together with the conditional approval for the import of electricity from Cambodia, mark a significant step forward in regional collaboration to enhance energy security, increase access to reliable, clean energy, as well as stimulate economic growth," said EMA.

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