Hyflux teams up with Mitsubishi to build $750m waste-to-energy plant in Tuas
The plant would be generating 120MW of electricity.
Aiming to expand its waste-to-energy footprint both locally and overseas, Hyflux inks a deal with Mitsubishi to construct the WTE plant in Tuas with stoker furnace type incinerators and generators.
According to a statement by Mitsubishi, the plant will go on stream in the first half of 2019 and will be operated, managed and maintained by the Hyflux-MHI Group consortium for 25 years.
“Construction and operation will be carried out by a special purpose company (SPC) in which MHI and Hyflux will own 25% and 75% shares, respectively. The SPC will consign engineering, procurement and construction (EPC) work to a subsidiary of Hyflux,” the statement said.
Meanwhile, operation and maintenance of the plant will be jointly handled by an equally owned JV to be established by MHI-AP/MHIEC and a subsidiary of Hyflux.