Keppel receives In-Principle Approval for Vietnam’s first Waste-To-Energy PlantKeppel Seghers Engineering Singapore Pte Ltd (Keppel Seghers), the environmental technology division of Keppel Integrated Engineering (KIE), has received in-principle approval for the development of a waste-to-energy (WTE) plant from the People’s Committee of Ho Chi Minh City (HCMC).
Featuring Keppel Seghers’ in-house technology, the proposed plant in HCMC will be the first WTE plant in Vietnam and also the biggest WTE facility in Southeast Asia, outside Singapore. With the capacity to treat 2,000 tons of waste per day, the plant will generate more than 20 MW of green energy for HCMC.
The proposed plant will play an integral role in HCMC’s sustainable waste management plans and will enhance living conditions for local communities. The plant will reduce the volume of waste by up to 90% thereby extending the life of existing landfills, freeing up more land for commercial, industrial and residential uses.
Mr Chua Chee Wui, CEO of KIE, said, “Keppel is privileged to support the People’s Committee of Ho Chi Minh City’s progressive vision of building a sustainable, quality environment. The waste-to-energy facility demonstrates the foresight of the People’s Committee of HCMC and its commitment towards efficient and effective resource management and environmental protection.”
With growing global awareness of the need for sustainable development, comes the appreciation of solid waste as a valuable resource for green energy. WTE facilities can support economic development and improve the quality of lives by converting solid waste to green energy.
“Keppel, with its track record and proven technology, is well-positioned to offer innovative solutions to address the increasing environmental needs of communities. We will continue to tap the opportunities to offer both water and thermal waste treatment solutions in this region.” Mr Chua added.
Keppel Seghers will disclose details of the project when they are finalised.
The abovementioned is not expected to have material impact on the net tangible assets or earnings per share of Keppel Corporation for the current financial year.
Background information
About Keppel Integrated Engineering
Keppel Integrated Engineering (KIE) is a wholly-owned subsidiary of Keppel Corporation.
Keppel Seghers, a subsidiary of KIE, is a leading provider of comprehensive environmental solutions ranging from consultancy, design and engineering, technology and construction to operations and maintenance of facilities. Its advanced technology solutions address a wide spectrum of environmental issues such as solid waste, wastewater, drinking & process water, biosolids & sludge. In addition, Keppel Seghers offers a full range of environmentally-friendly industry applications for the removal of organic substances from metal parts and tools.
In 2006, KIE also secured a contract to design, build and operate an integrated solid waste management plant in Qatar for S$1.7 billion (€ 806 million). This facility will handle and treat domestic solid waste for the whole of Qatar. KIE will operate and maintain the facility for 20 years.
With an initial capacity to treat more than 1,550 tons of waste a day, the facility will comprise waste separation and recycling facilities, landfill, composting plant and Waste-to-Energy (WTE) incineration plant. This is expected to be operational in 2009.
Keppel Seghers is also developing Singapore’s fifth incineration plant under a 25-year Design-Build-Own-Operate (DBOO) contract from the National Environment Agency (NEA). Expected to be operational by 2009, the plant will be able to treat 800 tonnes of solid waste a day to generate more than 20 MW of green energy. For further information, please contact
Mr Ang Lai Lee
Senior Executive
Group Corporate Communications
Keppel Corporation
Tel: +65 8233 9299
Email: lailee.ang@kepcorp.com
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