GNX 2.38% 21.5¢ genex power limited

News: GNX Genex Power says construction of KSP1 continues to remain on time and on budget

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    May 15 (Reuters) - Genex Power Ltd (GNX) :

    • Construction of KSP1 continues to remain on time and on budget for first generation in Q4 2017 and practical completion in Q1 2018
    • Outlook for wholesale electricity and large-scale generation certificates (LGCS) remains robust
    • Federal Government has provided $8.9 million funding to support construction of $126 million project at Genex's Kidston Solar Farm
 
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