Staff Reporter

Singapore is making headway in developing its own smart grid infrastructure. State-owned energy utility Singapore Power (SP) is currently involved in a project to upgrade and renew the country’s ageing grid infrastructure.

Over one-fifth of Southeast Asia’s 600 million people do not have access to electricity. This lack of readily-accessible power means basic needs go unfulfilled and long-term quality of life remains low, with business productivity hindered in markets expected to drive the region’s continued economic growth.

Metal and power companies are impacted.

A positive view remains for company's fundamentals.

Net loss in 1H14 was expected too.

There's a chance for redemption, though.

And Moody's is certainly unhappy about it.

But it was not a surprise.

Latest duel-fuel turbines will be used.

Blame it on heavy rains.

But profit attributable to shareholders fell.

Prices were greater than tariffs decrease.

Transportation volumes declined as well.

Coal mining business is observably troubled.

While QHD coal price continues to drop.

Hydro and wind outputs rebounded strongly, however.