Depository of News

Sembcorp granted conditional approval to import 1.3GW of electricity from Malaysia

newsdepo.com · world

The Energy Market Authority (EMA) has granted conditional approval to Sembcorp Utilities to import 1.3 gigawatt (GW) of electricity to Singapore.Sembcorp Utilities is working with its consortium partners — MY Energy Consortium (MYEC), Petronas, Tenaga Nasional Berhad (TNB), and Petrovietnam Technical Services Corporation (PTSC) — to source and integrate low-carbon electricity from regional and domestic resources.This includes offshore wind from Vietnam and solar power from Malaysia.Sembcorp Utilities, MYEC and PTSC had earlier signed a joint development agreement at the sidelines of the 46th ASEAN Summit in Kuala Lumpur in May 2025.It is now working towards commencing electricity import from the project by 2035."Over the next few years, the consortium will continue to develop the project, including to obtain all requisite approvals from relevant jurisdictions, conclude power purchase agreements with buyers, and secure sufficient financing," EMA said in a statement on Monday (Oct 26).

Read full article →