Keppel-led consortium tapped for next phase of Jurong Island low-carbon ammonia project
A FEED study will be conducted for an ammonia power plant.
A Keppel Ltd.-led consortium has been appointed to conduct the next phase of the project to develop a low-carbon ammonia solution on Jurong Island, Singapore for power generation and bunkering.
In a statement, Keppel said the appointment follows Energy Market Authority (EMA) and Maritime and Port Authority of Singapore’s (MPA) Request for Proposal (RFP) process. In this stage, Keppel and its consortium partners, Sumitomo Corporation, and Advario, conducted a comprehensive preliminary front-end engineering and design (pre-FEED) study.
They will now conduct a FEED study across the entire value chain, for a 55 megawatt (MW) to 65 MW ammonia power plant, terminal infrastructure and bunkering solutions, laying the foundations for a potential Final Investment Decision.
The company does not expect this development to have any material impact on its net tangible asset per share or earnings per share for the current financial year.