Aster Power has announced a significant investment of $150m to develop a hydrogen-ready gas turbine at its energy and petrochemical hub in Singapore. This initiative, backed by Chandra Asri’s infrastructure arm, Chandra Daya Investasi, aims to enhance energy efficiency and support Singapore’s transition to a low-carbon economy by the end of 2029.
The new turbine will integrate with Aster’s existing chemical facilities, enabling the production and utilisation of low-carbon electricity. It is designed to be hydrogen-ready, allowing for future co-firing as hydrogen becomes commercially viable. This development is part of Aster’s long-term decarbonisation strategy, which includes reducing carbon intensity and supplying additional low-carbon electricity to Singapore’s grid.
Erwin Ciputra, Group CEO of Chandra Asri and Aster, stated, “This is a significant step in strengthening our energy competitiveness whilst advancing our decarbonisation efforts. The hydrogen-ready turbine will help future-proof our operations and contribute to cleaner, more efficient energy for Singapore.”
Aster, a joint venture led by Chandra Asri and Glencore, is a prominent provider of energy, chemical, and infrastructure solutions in Southeast Asia. The company’s strategic assets include a refinery and naphtha crackers in Indonesia and Singapore, supporting its commitment to industrial energy efficiency upgrades.
The investment underscores Aster Power’s dedication to advancing clean energy solutions and aligns with Singapore’s broader environmental goals. As operational readiness is targeted for 2029, the project is expected to play a crucial role in the nation’s sustainable energy landscape.
