The total investment for the Keppel Sakra Cogen Plant is expected to be around S$750 million. In addition, KSC and Keppel Energy will enter into a turnkey contract for the development of the plant. It is intended that Keppel Asia Infrastructure Fund (KAIF) and Keppel Energy will hold 70 per cent and 30 per cent equity interests in KSC respectively. The Keppel Sakra Cogen Plant will be owned by Keppel Sakra Cogen (KSC), presently a wholly-owned indirect subsidiary of Keppel Infrastructure. It will be built in the Sakra sector of Jurong Island. The Keppel Sakra Cogen Plant will be the first hydrogen-ready power plant in Singapore. It also awarded an EPC contract to a consortium comprising Mitsubishi Power Asia Pacific and Jurong Engineering for the construction of the plant. On 30 August, Keppel Infrastructure informed that, through its wholly-owned subsidiary Keppel Energy, it reached FID to develop a 600-megawatt advanced combined cycle gas turbine (CCGT) power plant. Singapore’s Keppel has reached a final investment decision (FID) to develop a hydrogen-ready power plant and has awarded an engineering, procurement and construction (EPC) contract to Mitsubishi Power Asia Pacific and Jurong Engineering.
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