Vietnam, S’pore firms take first steps in wind power project

The deal will enable Petrovietnam Technical Services and Sembcorp Utilities to take the next steps in their offshore renewable energy project in Vietnam to export clean electricity to Singapore. — Vietnam News

HANOI: The Petrovietnam Technical Services Corp (PTSC) and its Singaporean partner Sembcorp Utilities Pte Ltd have been granted a survey licence and a letter of content to carry out the steps related to a project on developing offshore renewable energy in Vietnam and exporting clean electricity to Singapore.

The granting ceremony, in the presence of Prime Ministers Pham Minh Chính and Lee Hsien Loong, was part of a conference held in Hanoi on Aug 29 to promote investment cooperation projects between the two countries.