The plant will be owned by Keppel Sakra Cogen (KSC), presently a wholly-owned indirect subsidiary of Keppel Infrastructure. It is intended that Keppel Asia Infrastructure Fund LP (KAIF) and Keppel Energy will hold 70% and 30% equity interests in KSC respectively. In addition, KSC and Keppel Energy are scheduled to enter into a turnkey contract for the development of the Keppel Sakra Cogen Plant.
In addition to the EPC and LTS contracts, Keppel New Energy, a wholly-owned subsidiary of Keppel Infrastructure, has also signed a memorandum of understanding (MOU) with Mitsubishi Heavy Industries to carry out a feasibility study on the development of a 100% ammonia-fuelled power plant on a selected site in Singapore.
Keppel Infrastructure Holdings has announced that it will develop Singapore’s first hydrogen-ready power plant on Jurong Island, with construction to be undertaken by a consortium comprising Mitsubishi Power Asia Pacific and Jurong Engineering.
An engineering, procurement and construction (EPC) contract was signed between Keppel Energy, a wholly-owned subsidiary of Keppel Infrastructure Holdings and the consortium on Aug 30 for the construction of the plant. A long-term service (LTS) contract for major maintenance of the turbine was also awarded to Mitsubishi Power Asia Pacific.
