Keppel Infrastructure, through its wholly owned subsidiary Keppel Energy, has reached a final investment decision to develop a 600-megawatt state-of-the-art, advanced combined cycle gas turbine (CCGT) power plant in the Sakra sector of Jurong Island in Southeast Asia. The Keppel Sakra Cogen Plant will be the first hydrogen-ready power plant in Singapore.
Keppel has awarded an engineering, procurement and construction (EPC) contract to a consortium consisting of Mitsubishi Power Asia Pacific and Jurong Engineering for the construction of the plant.
The plant will be owned by Keppel Sakra Cogen (KSC)., a wholly owned indirect subsidiary of Keppel Infrastructure. Keppel Asia Infrastructure Fund (KAIF)] and Keppel Energy will hold 70 percent and 30 percent equity interests in KSC, respectively.
The total investment for the Keppel Sakra Cogen Plant is expected to be around S$750 million ($536 million).
The Keppel Sakra Cogen Plant will initially run