AAPL

The massive trans ocean project with renewable resource at its core was certainly the most ambitious to come out of the economic sector in the past 5 years. A most likely reason for going into administration is disagreements between both key backers.

Sun Cable, the Singapore-based consortium dealing with the world's largest power infrastructure project, aka the $22 billion Australia-ASEAN Power Link (AAPL), disclosed today that it had actually lodged an application with the Northern Territory's Growth Approval Authority for a facility in the region's capital, Darwin.

An Australian solar-plus-storage project that intends to provide 20% of Singapore's electricity need has actually been marked as a priority initiative by advising group Facilities Australia.