EMA Grants Conditional Approval For Sembcorp’s 1.3 GW Electricity Imports To Singapore

The Energy Market Authority (EMA) of Singapore has granted Conditional Approval to Sembcorp Utilities Pte Ltd (SCU) to import 1.3 gigawatts (GW) of electricity into the country. The project aims to support Singapore’s efforts to decarbonize its power sector by integrating low-carbon electricity from regional and domestic energy resources.

Sembcorp Utilities is collaborating with MY Energy Consortium (MYEC), comprising Petronas, Tenaga Nasional Berhad (TNB), and Petrovietnam Technical Services Corporation (PTSC), to develop the electricity import project. The consortium plans to source renewable electricity, including offshore wind power from Vietnam and solar power from Malaysia, to strengthen Singapore’s access to cleaner energy.

SCU, MYEC and PTSC signed a Joint Development Agreement in May 2025 on the sidelines of the 46th ASEAN Summit in Kuala Lumpur, Malaysia. The agreement established a framework for cooperation to advance the project and develop regional electricity supply arrangements.

Sembcorp Utilities is targeting the commencement of electricity imports by 2035. Over the coming years, the consortium will continue project development activities, including securing the necessary approvals from relevant jurisdictions, finalizing power purchase agreements with buyers, and arranging sufficient financing to support implementation.

Low-carbon electricity imports are an important component of Singapore’s strategy to reduce emissions from its power sector and diversify its electricity supply. Regional energy cooperation is expected to help the country access renewable resources beyond its domestic generation capacity.

EMA has granted Conditional Approvals and Conditional Licences to electricity import projects involving Australia, Cambodia, Indonesia, Malaysia and Vietnam. The authority will continue engaging with companies that present credible and commercially viable proposals capable of contributing to Singapore’s power sector decarbonization objectives.