Singapore's Minister for Trade and Industry Gan Kim Yong speaks during the 15th Singapore International Energy Week on Oct 25.SINGAPORE – Singapore will issue competitive tenders for private companies to invest in new power projects to meet demand over the next five years, Trade and Industry Minister Gan Kim Yong said on Tuesday .
The city-state will also make permanent some temporary emergency measures announced by the Energy Market Authority last October that provided standby fuel reserves and mandated generation companies to contract sufficient fuel, Gan said at the Singapore International Energy Week conference.
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