Cambodian company inks deal to export renewable energy to Singapore


The 1GW of electricity imports can power up to all Singapore households (about 1.4 million) for a year. - ST FILE

PHNOM PENH (Xinhua): Cambodia's Royal Group Power Company Ltd (RGP) and Singapore's Keppel Energy Pte Ltd (KE) have inked a power purchase agreement for the sale and export of one gigawatt (GW) of renewable energy generated in Cambodia to Singapore, according to a press statement on Thursday (March 16).

The pact was signed in Singapore on Wednesday between Kith Meng, chairman of RGP, and Cindy Lim, chief executive officer of Keppel Infrastructure (KI), the parent company of KE.

It said that the power purchase agreement and export of one GW of power cemented earlier agreements by the two companies to pursue the joint development and operations of selected renewable energy projects in Cambodia for the purpose of exporting renewable energy to Singapore via submarine high-voltage transmission where KE would be the off-taker.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Cambodia , Singapore , energy , Keppel

   

Next In Aseanplus News

Power outage at Fukushima plant, water release suspended
Race to salvage property
Prabowo declared president-elect
North Korea sends officials to Iran
Rebel group withdraws troops from key town at Thai border
‘Modi using hate speech’
Govt to replace military-appointed Senate, reduce its powers
Suspect’s sneakers match footprints at crime scene
Prabowo calls for unity among political elites
Fresh crew for Tiangong

Others Also Read