Keppel to Pursue Renewable Energy Opportunities with Cambodia and Laos

Singapore’s Keppel Infrastructure Holdings Pte Ltd (KI), through its wholly-owned subsidiary, Keppel Energy Pte Ltd (KE), has signed agreements to explore renewable energy opportunities and cross-border interconnections in Cambodia and Laos.

The exclusive and binding deals were inked with Cambodia’s Royal Group Power Company Ltd (RGP) and PSG Corporation Public Company Limited (PSGC) from Laos, respectively.

The agreements are part of KI’s strategy to source for reliable and sustainable energy resources in support of cross-border power trade in ASEAN, including the potential of importing green power into Singapore and accelerating the development of renewable energy.

In addition, the two agreements will support the development of regional power grids as one of “Four Switches” that Singapore will tap on, in its transition to a more sustainable and resilient energy future.

The signing of the two agreements follows the successful commencement of Laos-Thailand-Malaysia-Singapore Power Integration Project, which saw Keppel importing up to 100 MW of renewable hydropower from Laos in June 2022.

Keppel is also the first entity to be issued an electricity importer licence by the Energy Market Authority of Singapore, after signing the exclusive framework agreement with Electricite Du Laos in September 2021.

These two agreements also follow an exclusive collaboration MOU KI inked, in January 2022, with Impact Electrons Siam Co., Ltd. (IES) and Envision Group to work on the development and supply of low-carbon electricity from wind energy projects in Laos, as well as storage and intermittency management solutions.

Under the terms of this collaboration, all three parties will leverage IES’s exclusive development rights issued by the Government of Laos to increase the capacity of the current 600MW Monsoon Wind Power Project, which IES is developing in the Sekong and Attapeu provinces in Laos, by an additional 1,000MW to support the pursuit of opportunities in ASEAN grid interconnectivity and potential importation of the low-carbon electricity into Singapore.

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