Genex Power Limited Commenced Underground Works At Kidston Hydro
the powerhouse cavern. Once the first adit is reached, multiple tunnel headings will progress to expedite the powerhouse cavern excavation. With preparation works for the MAT completed in early 2022 including portal face stabilization and preparation works, the EPC Contractor joint venture for the Project have formally commenced the underground excavation works with the first major blast for the MAT. Following this milestone, tunneling operations are now progressing on a 24/7 basis with two shifts per day, which is scheduled to progress the tunneling works at an average rate of 8m per day over the next 6 months. In addition to commencement of the underground works, site activity continues to ramp-up, with works commenced on the following near term construction milestones: Commencement of procurement and manufacture of key turbine components; Completion of the blast magazine storage area and access road; Near completion of the 22kV distribution line with transformer installed with final connection works still ongoing; Ongoing aggregate crushing plant and concrete batch plant operations; and Continuation of services reticulation around the site for construction purposes.