The Energy Market Authority (EMA) has extended Keppel’s electricity importer license to 2026, facilitating the enhancement of the Lao PDR-Thailand-Malaysia-Singapore Power Integration Project (LTMS-PIP).
This move was in line with, Tenaga Nasional Bhd (TNB) signing an agreement with Keppel Electric Private Limied to supply up to 100 MW of electricity to Singapore. Additionally, TNB also inked a cross-border power trade interconnection agreement with SP Power Assets Limied to ensure stable electricity transmission between Malaysia and Singapore.
Phase 2 of the LTMS-PIP will increase the electricity trading capacity from 100 MW to 200 MW, enabling multilateral and multidirectional power trade, with additional electricity imports from Malaysia. This development supports the advancement of the ASEAN Power Grid (APG), promoting regional energy integration to meet growing demand. The LTMS-PIP, launched in 2022, represents the first multilateral cross-border electricity trading of renewable energy (RE) in ASEAN.