Singapore | October 3, 2025 – In a landmark step towards a low-carbon maritime and energy future, a consortium led by Keppel Ltd. has been appointed by the Energy Market Authority (EMA) and the Maritime and Port Authority of Singapore (MPA) to spearhead the next phase of a pioneering project on Jurong Island. The project aims to develop Singapore’s first low- or zero-carbon ammonia power generation and bunkering solution, placing the nation at the forefront of global efforts to decarbonise shipping and energy production.
This significant milestone follows a rigorous Request for Proposal (RFP) process initiated by EMA and MPA. Keppel, in strategic partnership with Sumitomo Corporation and Advario, successfully completed a preliminary Front-End Engineering and Design (pre-FEED) study. The appointment now greenlights the consortium to undertake a full FEED study, encompassing the entire ammonia value chain — from power generation to terminal infrastructure and bunkering systems.
The project will focus on developing a 55–65 MW ammonia-fuelled power plant, with integrated bunkering capabilities. If successfully implemented, this facility could become one of the world’s first direct-ammonia combustion power plants — and Singapore’s first — heralding a new era in clean energy solutions.
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Leading the Charge: Keppel’s Vision for a Resilient, Low-Carbon Future
Ms. Cindy Lim, CEO of Keppel’s Infrastructure Division, expressed strong confidence in the project’s transformative potential:
“We are honoured to lead this trail-blazing consortium, paving the way towards a resilient, low-carbon energy future. Building on a successful pre-FEED study, we will continue working with world-class partners Sumitomo Corporation and Advario, while harnessing Keppel’s deep engineering expertise and proven operating capabilities to deliver a cost-competitive, scalable ammonia value chain for low-emission power generation and bunkering.”
“If implemented, this would be among the world’s first direct-ammonia combustion power plants—and Singapore’s first—setting a new benchmark for clean fuel solutions and global decarbonisation.”
Keppel is no stranger to pioneering sustainability in energy. The company is already behind several key initiatives that are shaping Singapore’s energy landscape, including the development of Singapore’s first hydrogen-compatible power plant, and the nation’s first cross-border low-carbon power importation project. These efforts are aligned with the government’s “Four Switches” energy strategy, particularly in diversifying energy sources and accelerating low-carbon alternatives.
Keppel also owns and operates the Keppel Merlimau Cogen Plant, a 1,300 MW combined cycle gas turbine facility that has been significantly upgraded to improve efficiency and support future hydrogen co-firing capabilities.
Strategic Partners Driving Maritime Decarbonisation
The appointment is also a milestone for the consortium’s partners, Advario and Sumitomo Corporation, both of whom bring specialised expertise to this multi-faceted endeavour.
Mr. Bas Verkooijen, CEO of Advario, underscored the power of collaboration:
“We are proud to have been appointed, together with our consortium partners Keppel and Sumitomo Corporation, by the EMA and MPA to provide a low- or zero-carbon ammonia solution on Jurong Island. This is a great example of the power of partnerships, as well as Advario’s commitment to playing a frontrunner role in the energy transition.”
Sumitomo Corporation, a global leader in maritime and energy solutions, has been actively researching ammonia as a marine fuel since 2021. The company’s involvement in this project is the culmination of years of strategic groundwork in advancing alternative fuel solutions for the shipping industry.
Mr. Kazuki Yamaguchi, General Manager of Sumitomo’s Maritime Energy Solution SBU, shared:
“Being selected as the choice proponent marks a pivotal milestone for our team. We have been intensively exploring ammonia bunkering since 2021, laying the groundwork for the solutions we are now advancing in close partnership with Singapore’s regulators.”
“Achieving true scale and commercialisation, however, is a challenge that no single company can tackle alone – it demands bold collaboration across the entire maritime value chain. This spirit of collaboration is one we are also proud to share with our consortium partners, Keppel and Advario, as we collectively work towards building a clean ammonia ecosystem in Singapore that can serve as a model for the region and beyond.”
Singapore Sets a Global Benchmark
This development signals a bold leap in Singapore’s decarbonisation journey — and positions the city-state as a regional and global leader in ammonia-fuelled energy and maritime solutions. By integrating cutting-edge technologies, forward-thinking regulatory support, and world-class infrastructure expertise, the Keppel-led consortium is laying the groundwork for sustainable energy at scale.
While the current phase focuses on FEED studies, it is anticipated that a Final Investment Decision (FID) could follow, potentially unlocking large-scale deployment and commercialisation of ammonia-based clean energy and green bunkering solutions. This would not only accelerate Singapore’s net-zero ambitions but also offer a replicable model for other major ports and energy hubs around the world.
It is important to note that the development is not expected to have a material impact on the net tangible assets or earnings per share of Keppel Ltd. for the current financial year.
About Keppel Ltd.
Keppel Ltd (SGX:BN4) is a global asset manager and operator with deep expertise in sustainable infrastructure, real estate, and connectivity. Headquartered in Singapore, Keppel operates in over 20 countries, delivering innovative and future-ready solutions across clean energy, urban development, and digitalisation. Through its robust investment platforms and diversified portfolios, Keppel drives value creation for investors and stakeholders while playing a central role in the global energy transition.
Source: Keppel Ltd