CORRECTED-UPDATE 1-Singapore Power hires Goldman Sachs for sale of 40% stake in Jemena - AFR

(Corrects headline, first paragraph to state that Singapore Power, not Temasek, hired Goldman Sachs, after AFR updated its story; removes Temasek from references to comments in paragraph 4)

Oct 4 (Reuters) - Singapore Power has hired Goldman Sachs to find a buyer for its 40% stake in Australian gas and electricity distributor Jemena, the Australian Financial Review reported.

Local media late last month reported that the sale of the stake owned by Singapore Power could be worth up to A$6 billion ($3.79 billion), valuing Jemena at up to A$15 billion.

Jemena operates electricity and gas distribution infrastructure across Australia and is the biggest gas distributor in New South Wales, delivering gas to more than 1.5 million customers each year, according to its website.

Goldman declined to comment. Singapore Power did not respond to a Reuters request for comment, while Jemena could not be reached. ($1 = 1.5833 Australian dollars) (Reporting by Sameer Manekar in Bengaluru, Yantoultra Ngui in Singapore and Kane Wu in Hong Kong; Editing by Sonia Cheema and Louise Heavens)