Genex Power Limited (ASX:GNX) (Genex or Company) is pleased to provide shareholders with this latest update regarding the construction program for the Company’s Phase One 50MW Kidston Solar Project (KSP1 or Project).
Genex is pleased to report that the construction of KSP1 continues to remain on-budget, for anticipated first generation in Q4 2017 and Practical Completion in Q1 2018. Key activities since the last update (refer ASX announcement 03 August 2017) include:
• Continued installation of solar modules across the KSP1 site;
• Continued installation of solar pilings;
• Continued installation of trackers; and
• Successful hand-over of transferrable assets to Ergon allowing cutover works for the 132kV line into the newly constructed Ergon-Kidston substation.
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