Captive Power Plants (CPP) are currently not an activity under the SAT.
Referencing to the “Guidance for Leveraging the Singapore-Asia Taxonomy in Green and Transition Financing” published by SSFA as of July 2025 – #9 Recognising enabling and value chain activities that support green and transition activities in the SAT states that, “For the avoidance of doubt, any project or facilities that are powered by captive coal power plants without a credible and time-bound transition plan shall be deemed as ineligible for transition financing.”
[Updated in Dec 2025]