NEWS / Exciting Collaboration Update: Pioneering the Future of Clean Ammonia in Singapore!

Exciting Collaboration Update: Pioneering the Future of Clean Ammonia in Singapore!

November 20, 2023

We are thrilled to share the latest update on our collaboration with KBR on the Singapore Ammonia Project. K&M has been working closely with KBR to support the commercial work stream in the design of an RFP for a cutting-edge clean ammonia project in Singapore.

K&M is advising the Singapore government on the commercial structuring of the RFP process. Our team has been actively involved in shaping this sustainable ammonia project by providing insights and guidance on critical commercial aspects.

Key Areas of Involvement:

  • Assessing candidate PPP (Public-Private Partnership) models suitable for this project, weighing the pros and cons of each option.
  • Delving into government funding and ownership options, considering their implications under different timing scenarios.
  • Exploring termination/buyout concepts, ensuring a comprehensive understanding.
  • Identifying funding support mechanisms and incentives and evaluating their feasibility and impact.
  • Advising on the use of a Contract for Difference (CfD) concept, with a thorough analysis of its pros and cons.
  • Providing guidance on how to structure key funding and commercial parameters within a Request for Proposals (RFP).

 

K&M is dedicated to making a meaningful contribution to the success of this sustainable project. We are excited to play a crucial role in shaping forward-thinking solutions for Singapore’s clean energy market. Join us on this journey toward a greener and sustainable future! We look forward to sharing more updates as the Singapore Ammonia Project continues to evolve.

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