Media Release

SP Group and Tenaga Nasional Berhad embark on feasibility study for a second power interconnection between Singapore and Peninsular Malaysia to enable energy transfer

Singapore, 5 October 2023 – At the 41st ASEAN Minister on Energy Meeting (AMEM) which took place in Bali, Indonesia between 22-26 August 2023, Singapore’s national grid operator SP Group (SP) signed a Memorandum of Understanding (MOU) with Tenaga Nasional Berhad (TNB), to jointly launch technical feasibility studies to explore constructing a second power interconnection facility linking Singapore and Peninsular Malaysia.

SP and TNB will set up a joint committee to explore the technological and design options for the second power interconnector, while assessing various aspects of the project, including potential environmental implications.

Mr Stanley Huang, Group Chief Executive Officer of SP Group, said, “SP Group is committed to upholding network reliability while preparing the grid for integration of sustainable energy sources. In supporting the energy transition, the joint committee will study the technical feasibility of enhancing regional connectivity to meet rising energy demand and enable greater access to renewable energy.”

TNB's President and CEO, Dato’ Indera Ir. Baharin Din, said, "We are strongly optimistic about the MoU between TNB and SP, for its role in reinforcing Malaysia-Singapore energy relations and paving the way for a cohesive ASEAN Power Grid. The transformative potential of the second power interconnection facility, will enhance energy reliability, boost regional economic expansion, and promote a dynamic multilateral power trade ecosystem in ASEAN. This partnership underscores TNB's commitment to sustainable energy, regional cooperation, and a cleaner, more prosperous future."

The 41st AMEM aims to deepen ASEAN's commitment to reduce the carbon emission and accelerate just and inclusive energy transition in the region.

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