At the same time, Sembcorp Cogen Pte Ltd, another one of Sembcorp’s wholly-owned subsidiaries, has issued a limited notice to proceed with a new 600MW hydrogen-ready combined cycle power plant facility development to the consortium of Mitsubishi Power Asia Pacific Pte Ltd and Jurong Engineering Limited.
The power plant will be operational by 2026. This will be Sembcorp’s fourth combined cycle power plant in Singapore.
The details of the development of the plant will be revealed when the turnkey contract is awarded by the 1HFY2023.
Shares in Sembcorp closed 1 cent lower or 0.27% down at $3.64 on Feb 27.
