Sembcorp Receives Conditional Approval for Renewable Power Import from Vietnam and Malaysia
November 3, 2026
The Energy Market Authority of Singapore has granted conditional approval to Sembcorp Utilities, a subsidiary of Sembcorp Industries, to import up to 1.3 gigawatts (GW) of renewable electricity from Vietnam and Malaysia. This announcement was made during the opening of the Singapore International Energy Week 2026.
The initiative, known as the Vietnam-Malaysia-Singapore (VMS) energy project, aims to connect Vietnam's offshore wind resources with solar power and battery storage in Malaysia, ultimately supplying low-carbon electricity to Singapore. Malaysia will act as both a recipient and transit country for this power flow.
The conditional approval allows the involved consortia, which include PTSC, Petrovietnam, Sembcorp, Petronas, and TNB, to move forward with project development. Electricity imports are anticipated to begin in 2035, pending further regulatory and project approvals.
Source: The Investor. Read the full article.