No Direct Investment By Singapore In The ASEAN Power Grid

Note* - All images used are for editorial and illustrative purposes only and may not originate from the original news provider or associated company.

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from any location or device.

Media Packs

Expand Your Reach With Our Customized Solutions Empowering Your Campaigns To Maximize Your Reach & Drive Real Results!

– Access the Media Pack Now

– Book a Conference Call

– Leave Message for Us to Get Back

Related stories

Rio Grande LNG Work Worth $9 Bn Awarded to Bechtel

A news release from the Houston-based oil and gas...

US Utilities, Energy Groups Back Clean Energy Tax Credits

In the US, 18 trade associations, which represent utilities,...

Customized Financing a Need for Distributed Renewable Energy

Tracking SDG 7: The Energy Progress Report 2025 goes...

As stated by the country’s Ministry of Trade and Industry, Singapore has no plans to make direct investments in cross-border infrastructure related to the ASEAN power grid.

Their priority is to collaborate with regional partners to establish the framework, laws, and environment that will allow commercial companies to build the infrastructure, according to the Second Minister for Trade and Industry in Singapore, Dr. Tan See Lang.

They will continue to collaborate closely with regional partners, including this year’s ASEAN Chair, Indonesia, to bring the ASEAN Power Grid to accomplishment. The ASEAN Power Grid aims to link the respective power networks of 10 member countries in order to facilitate electricity trade opportunities.

Singapore is currently collaborating on projects with other ASEAN markets, such as the Lao PDR-Thailand-Malaysia-Singapore Power Integration Project.

It has also inked an MoU with Cambodia, the Lao PDR, and Vietnam to advance its energy interests and facilitate regional decarbonization.

In the past week, Singapore also signed an Agreement with Indonesia on renewable energy cooperation. This is in addition to its collaboration with the United States on a feasibility assessment of regional energy interconnection in support of the ASEAN Power Grid. Tan believes ASEAN’s decarbonization efforts can be aided by the ASEAN Power Grid and Southeast Asia has a lot of promise for renewable energy.

Creating energy interconnections can help to actualize this potential by connecting the producing regions to the usage points.

Latest stories

Related stories

Rio Grande LNG Work Worth $9 Bn Awarded to Bechtel

A news release from the Houston-based oil and gas...

US Utilities, Energy Groups Back Clean Energy Tax Credits

In the US, 18 trade associations, which represent utilities,...

Customized Financing a Need for Distributed Renewable Energy

Tracking SDG 7: The Energy Progress Report 2025 goes...

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from any location or device.

Media Packs

Expand Your Reach With Our Customized Solutions Empowering Your Campaigns To Maximize Your Reach & Drive Real Results!

– Access the Media Pack Now

– Book a Conference Call

– Leave Message for Us to Get Back