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Singapore and Indonesia have inked three key agreements to strengthen cooperation in clean energy and sustainable development, in a “win-win partnership” that marks a significant milestone in their green partnership.
The memorandums of understanding were inked on June 13 during a visit to Jakarta by Singapore’s Minister-in-charge of Energy and Science and Technology, Dr Tan See Leng, and Indonesia’s Minister for Energy and Mineral Resources, Dr Bahlil Lahadalia.
One of the cornerstone agreements targets cross-border electricity trade. This builds on earlier energy cooperation frameworks and aims to develop the necessary policies, regulatory mechanisms and commercial terms within a year.
Source: Wikipedia