Chandra Asri to buy Cycle & Carriage's Singapore, Malaysia auto businesses
Singapore plans to construct a new 670-megawatt (MW) Combined Cycle Gas Turbine (CCGT) power plant to address the growing electricity demand, according to the Energy Market Authority (EMA). The EMA recently granted Tuas Power Generation Pte Ltd the rights to build, own, and operate this hydrogen-ready CCGT unit, which is projected to start commercial operations by December 2031.
The plant will have the capacity to meet the electricity needs of approximately 1.2 million households per year. EMA chief executive Puah Kok Keong stated that these gas-powered CCGTs will deliver dependable baseload power as Singapore pursues diverse strategies for a cleaner energy future. The demand for electricity in Singapore is anticipated to surge in the coming years, fueled by robust economic expansion, the electrification of transportation, and the development of energy-intensive industries, such as semiconductor production and data centers.
Written by urgent.news from Malay Mail's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
This story
This is one outlet's version. Read the fullest account.
