PowerSeraya made a strategic investment in water production to become self-sufficient in its water needs. Seraya Energy was ranked Singapore’s 3rd Fastest Growing Company. The Fastest Growing 50 (FG50) Certification confers recognition in outstanding achievement for continuous and sustained corporate…

Conversion of the three units of steam plants in Stage 1 to run on Orimulsion®/ Heavy Fuel Oil was fully completed. PowerSeraya implemented an Environmental Management System and was certified ISO 14001 compliant. Seraya Energy won Regional New Call Centre…

Signing of the 2004- 2007 Collective Agreement with the Union of Power and Gas Employees put in place major work place reforms which included a new asset-based team structure, introduction of 12-hour shifts and a performance-based wage system. ISO 9001:2000…

S$200 million agreement was signed with IHI Japan to convert three units of 250 MW steam plants to run on Orimulsion®/ Heavy Fuel Oil. PowerSeraya was certified ISO 9001: 2000 compliant.

PowerSeraya’s new Combined Cycle Power plant (CCPP) was completed and boosted total licenced capacity to 3100MW.

Ownership of PowerSeraya was transferred to Temasek Holdings (Pte) Ltd. Seraya Energy Pte Ltd was formed and granted license as a private electricity retailer.

PowerSeraya’s Pulau Seraya Power Station at Jurong Island was fully completed.

PowerSeraya diversified into oil storage through Oiltanking Seraya Pte Ltd as a joint venture.

Public Utilities Board’s Electricity Department became a corporation, Singapore Power. PowerSeraya became a subsidiary.

Pulau Seraya Power Station Stage 2 was completed.