The SGEI intends to invest in, develop, own and operate interconnectors to import electricity, according to media reports from last week.
Kim Heng Limited has entered a non-binding memorandum of understanding (MOU) with Singapore Energy Interconnections (SGEI) to operate, repair and maintain submarine power cable systems installed within the Asean region, according to a bourse filing on June 9.
SGEI is a newly incorporated government-linked company in Singapore which specialises in the development and operation of cross-border power interconnectors, enable cross-border electricity trade and support the realisation of the Asean power grid.
