Singapore prepared to grant 30-year licences for low-carbon power imports

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SINGAPORE - Singapore is prepared to grant 30-year import licences to companies investing billions of dollars in low-carbon electricity projects, the head of its energy regulator said on Wednesday, in a move aimed at helping the firms recoup their initial investments.

A 14-megawatt mini-hydropower plant in Pha Chuk sub-district of Thailand's Uttaradit province.

He added that the laying of power cables to connect Singapore with other countries will also be costly.

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Article Details

Category: EconomyBusiness

Markets: ThailandAustraliaCambodiaIndonesiaSingaporeVietnam

Topics: Companies Low-carbon Import Singapore Dollars Energy 30-year Prepared Electricity Billions

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-23 @ 12:16:00 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: bangkokpost.com

Language: English

Article Length: 197 words

Reading Time: 2 minutes read

Sentences: 7 lines

Sentence Length: 29 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bangkok Post

News ID: 23211953

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Main Topics: EconomyBusiness

Official Website: bangkokpost.com

Update Frequency: 16 posts per day

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Publisher ID: #66

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