Singapore, Indonesia to collaborate on cross-border electricity project

Advertisement Singapore, Indonesia to collaborate on cross-border electricity project The deal is a follow-up to a string of early agreements Indonesia struck with Singapore in 2025 1-MIN READ1-MIN Listen Indonesian sovereign wealth fund Danantara and Singapore’s Keppel Electric, Sembcorp Industries and Singapore Energy Interconnections have signed a memorandum of understanding for a cross-border electricity project, Singapore’s prime minister said on Monday. Singapore’s Prime Minister Lawrence Wong was speaking at a press conference following a meeting with Indonesian President Prabowo Subianto in Jakarta. Singapore and Indonesia are currently conducting price negotiations for the cross-border electricity deal, Indonesia’s Energy Minister Bahlil Lahadalia said. “I think there will be a breakthrough soon. We want everybody to reap the benefits, reaching a win-win solution for both,” Bahlil said. The electricity deal is a follow-up to a string of early agreements Indonesia struck with Singapore in 2025, which includes a plan to supply 3.4 gigawatts of low-carbon power to the city state by 2035. Advertisement Advertisement Select Voice Select Speed 1.00x