Singapore grants conditional approval to Sembcorp to import power from Vietnam

Florence Tan Thursday | 10/26/2023 09:33

Photo by Reuters.

Singapore gives conditional approval for 1.2GW of electricity imports from Vietnam to Sembcorp Utilities.

Singapore has granted conditional approval to Sembcorp Utilities SCIL.SI to import 1.2 gigawatts (GW) of electricity from Vietnam through subsea cables stretching over 1,000 kilometres, a minister said on Tuesday.

Sembcorp will develop offshore wind and other capacities with Petrovietnam Technical Services for export to Singapore, Tan See Leng, Singapore's second minister for trade & industry, said at the Singapore International Energy Week.

Source: Nasdaq