Mr Dennis Tan Lip Fong: To ask the Minister for Trade and Industry (a) whether the Government is exploring plans to sign an agreement with India to buy renewable energy; and (b) if so, what percentage of Singapore’s 2030 projected electricity demand target can be met from this agreement.
Written Answer by Minister for Trade and Industry Gan Kim Yong
1. Singapore and India enjoy a strong bilateral relationship. The energy transition is an emerging and potentially important area of collaboration. Both countries can study ways to support our respective net-zero goals, while ensuring energy security and resilience.
2. Under the Energy Market Authority’s Request for Proposal to import up to 4 Gigawatts (GW) of low-carbon electricity by 2035, we have received proposals for import from several countries in the region, including India. EMA has awarded Conditional Approvals (CAs) to import 3 GW of low-carbon electricity thus far. We continue to evaluate the proposals and will award CAs to those that meet our requirements.