Keppel wins 20-year centralised cooling systems contract for Tengah BTO projects
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Sep 30 2024
0mins
Source: Yahoo Finance
Keppel's Contract Award: Keppel's infrastructure division has secured a 20-year contract from the Housing & Development Board (HDB) to design, build, and operate centralized cooling systems for three new BTO projects in Tengah, serving approximately 3,500 households.
Innovative Cooling Solutions: The cooling system will utilize chilled water from rooftop chillers, with features aimed at enhancing performance and sustainability, while being monitored remotely through Keppel’s Operations Nerve Centre.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
