Genex Power Limited (ASX:GNX) (Genex or Company) is pleased to advise that it has entered into a Binding Heads of Agreement (Agreement) with Powerlink Queensland (Powerlink) to progress a range of key activities which are critical to the connection of Genex’s Stage 2 Kidston Hydro-Solar Project (Project) to the Queensland transmission network.
The Agreement requires Powerlink to commence a detailed program of works, including a targeted environmental study on the Mount Fox-Kidston Corridor, transmission line design works and development of the easement acquisition process. These activities follow the recent declaration of the Kidston Project (including the transmission path) as a “Critical Infrastructure” project by the Queensland State Government.
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