Groundbreaking Cross-Border Electricity Project Unveiled

Indonesia's Danantara, alongside Singapore's Keppel Electric, Sembcorp Industries, and Singapore Energy Interconnections, have signed an MoU for a new cross-border electricity initiative. Prime Minister Lawrence Wong announced this at a press conference after meeting with Indonesian President Prabowo Subianto in Jakarta.

In a significant development in international energy collaboration, Indonesia's sovereign wealth fund, Danantara, has partnered with Singaporean entities including Keppel Electric, Sembcorp Industries, and Singapore Energy Interconnections.

The parties have signed a memorandum of understanding to embark on a cross-border electricity project, according to an announcement made by Singapore's Prime Minister, Lawrence Wong.

The announcement came during a press conference after Prime Minister Wong's meeting with Indonesian President Prabowo Subianto in Jakarta, underscoring the commitment to sustainable energy solutions.