PETALING JAYA: YTL Power International Bhd’s wholly-owned subsidiary, YTL PowerSeraya Pte Limited has won the first request for proposal (RFP) under Singapore's Energy Market Authority's new Centralised Process framework to develop a hydrogen-ready CCGT at its Pulau Seraya Power Station (PSPS) site.
The framework strategically coordinates private sector investments to ensure sufficient generation capacity by 2028, safeguarding Singapore’s future energy needs.
In a statement, YTL Power said the construction of a 600 MW hydrogen-ready CCGT (combined-cycle gas turbine) is estimated to cost S$800mil and is targeted to be completed by Dec 31, 2027.
“We are honoured to be awarded the first RFP and be entrusted with the responsibility of constructing the hydrogen-ready CCGT at PSPS. YTL PowerSeraya is committed to leveraging cutting-edge technology and sustainable practices to contribute to Singapore's energy security and environmental goals,” YTL PowerSeraya chief executive officer John Ng said.
YTL PowerSeraya's CCGT will be at least 30% volume hydrogen-ready, with the ability to be retrofitted to become operationally 100% hydrogen-ready in the future, aiding in emissions reduction, as the combustion of hydrogen gas generates no greenhouse gases, thereby
underscoring the organisation’s commitment to environmentally sustainable practices.
This monumental undertaking by YTL PowerSeraya is pivotal in positioning Singapore to achieve her long-term net zero emissions aspiration by 2050, under the Singapore Green Plan.
Meanwhile, YTL Power managing director Datuk Seri Yeoh Seok Hong said: “This project is fully in keeping with our commitment to invest for the long-term in low-carbon technologies, infrastructure and advanced energy solutions, enabling us to continue to provide the best outcomes for the benefit of our customers and communities where we operate. We are gratified by the faith and confidence placed in YTL PowerSeraya to build for the future and deliver this pioneering project in Singapore”.