Keppel DHCS Pte Ltd (Keppel DHCS), an indirect wholly-owned subsidiary of Keppel Infrastructure Holdings Pte Ltd, was awarded the tender by JTC Corporation (JTC) to design, build, own and operate a new district cooling systems (DCS) plant at JTC's Multi-Utility Hub at Mediapolis, and has secured a contract to provide DCS services to MediaCorp's new campus at Mediapolis@one-north. At the same time, the company has secured a contract to provide its services to the upcoming Rohde & Schwarz building, a development at Changi Business Park.
The new contracts, with tenures ranging from 20 to 30 years, have
brought the total value of contracts secured by Keppel DHCS in 2013 to
The new DCS plant at Mediapolis will have a capacity of 30,000
Refrigeration Tons (RT) to serve upcoming developments at one-north,
including MediaCorp's new campus from the second quarter of 2015. The
new Mediapolis DCS Plant will be connected to the existing Biopolis DCS
Plant, complementing its service delivery to the entire one-north
With MediaCorp as a new customer, Keppel DHCS will service a total of 18 developments located at one-north, spanning 750,000m2 of Gross Floor Area (GFA).
Keppel DHCS' expansion of its existing plant at Changi Business Park
was completed in May 2013. The expanded plant has a capacity of 17,500
RT and will serve 17 buildings at Changi Business Park, spanning
450,000m2 of GFA. Keppel DHCS will serve the upcoming Rohde
& Schwarz building at Changi Business Park from the third quarter of
Mr Joseph Ng, Chief Executive Officer of Keppel DHCS, said, "We are
committed to deliver value for our customers by providing efficient
water-cooled air-conditioning systems that offer significant benefits in
energy conservation. The new contracts further strengthen our presence
at one-north and Changi Business Park, and reflect the confidence of our
customers in the reliability and quality of our facilities and
Keppel DHCS currently provides environmentally-friendly DCS services
to three major developments in Singapore - Changi Business Park,
one-north and Woodlands Wafer Fab Park. Its clients include a portfolio
of blue chip multinational companies such as Ascendas, Citibank, DBS
Bank, GlaxoSmithKline, Honeywell, IBM, Invensys, JTC, Mapletree and
Procter & Gamble.
DCS comprises an installation of a centrally located chilled water
plant to serve a cluster of buildings for their air-conditioning needs.
The plant distributes chilled water to its customers' buildings through a
network of pipes. By aggregating the customers' energy loads, the
overall installed capacity can be lower than if each building used a
separate cooling unit. The aggregation also reduces the overall carbon
The energy-efficient and space-saving attributes of DCS make it
suitable and attractive to address the needs of city centres, large
production plants, hospitals and property developments.
The aforementioned contracts are not expected to have a material
impact on the net tangible assets or earnings per share of Keppel
Corporation Limited for the current financial year.
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