Singapore’s Energy Market Authority (EMA) has granted conditional approval to Sembcorp Utilities as the designated importer for the 1.3-GW Vietnam-Malaysia-Singapore renewable electricity initiative.

Petrovietnam Technical Services Corporation (PTSC), a member of Vietnam National Industry–Energy Group (Petrovietnam or PVN), as a participant in the project, announced the development on Monday.

The approval allows the participating consortia to move on to the next stages of project development, subject to regulatory and project approvals, PTSC added.

The collaboration aims to import up to 1.3 GW of renewable electricity into Singapore through a regional power corridor linking Vietnam, Malaysia, and Singapore. The project is expected to begin electricity delivery in 2035.

The project can utilize Vietnam’s offshore wind resources, along with solar and battery storage infrastructure in Malaysia. Electricity generated in Vietnam can be transmitted through Malaysia and supplied to both Malaysia and Singapore. Malaysia would act as both a recipient and a transit country.

The approval builds on a joint development agreement signed in May 2025. The agreement links a consortium of Vietnam’s PTSC, Singapore’s Sembcorp Utilities, and Malaysia’s MY Energy Consortium. The Malaysian participant is formed by Tenaga Nasional Berhad (TNB) and Petroliam Nasional Berhad (PETRONAS).

The initiative can support broader efforts to unlock Southeast Asia’s renewable energy potential, strengthen cross-border energy connections, and advance the ASEAN Power Grid.

As at August 2026, Singapore’s peak electricity demand was 8.6 GW. By 2031, peak demand could reach between 9.9-13 GW, the EMA said. Singapore plans to import up to 4 GW of low-carbon electricity by 2035.

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