power plant

The construction of the plant with a consortium comprising Mitsubishi Power Asia Pacific and Jurong Engineering began on July 19.

Construction to be undertaken by Mitsubishi Power and Jurong Engineering and is expected to be completed in 1H2026.

SINGAPORE (Dec 4): BlackGold Natural Resources plans to finance its acquisition of a stake in the Riau-1 Project, an upcoming 2x300 megawatt coal-fire plant in Riau province, Sumatra, by selling debt.

(Jan 25): Sembcorp Industries announced that its power plant in Chongqing has successfully started full commercial operation following the completion of its second 660-megawatt unit.

SINGAPORE (Dec 21): Sembcorp Industries said on Wednesday that its subsidiary Sembcorp North-West Power Company has secured financing for the Sirajganj power project in Bangladesh.

SINGAPORE (Oct 31): Despite a poor showing by its marine division, Sembcorp Industries remains attractive with RHB, DBS and OCBC maintaining a “buy” call with target prices of $3.40, $2.90 and $3.07 respectively.

SINGAPORE (Oct 28): Sembcorp Industries’ 3Q16 results have left analysts with unchanged views, with CIMB and Maybank holding on to their “hold” calls with target prices of $2.66 and $2.40 respectively, while UOB maintain a “buy” call with a targ

SINGAPORE (Sept 29): DBS Group Research is reiterating its “buy” call on Sembcorp Industries with a target price of $3.10, citing the group’s undervalued utilities business although it has expanded regionally.

SINGAPORE (July 5): UOB Kay Hian has lowered its target price on Sembcorp Industries (SCI) and earnings forecast for SCI’s India operations, amid low spot electricity prices and plant issues.