Singapore boosts power import capacity by tapping Malaysia flows

SINGAPORE (Bloomberg): Singapore is doubling its power import capacity under a regional trading agreement in a bid to meet growing energy demand.

Phase two of the Lao PDR-Thailand-Malaysia-Singapore Power Integration Project, the cross-border trade deal known as LTMS-PIP, will see electricity flows increase to as much as 200 megawatts, Singapore’s Energy Market Authority and Keppel Ltd. said in a joint statement.