Genex Power has selected consulting firm Entura to carry out a bankable feasibility study (BFS) for the 330MW Kidston pumped storage hydropower project in North Queensland, Australia.
Entura will partner with HydroChina for the BFS. The company will be responsible for subcontracted investigations such as geotechnical and a bathymetric survey.
Entura will also oversee environmental and planning approvals for the project site, including specialist reports and community consultation.
The project is planned to be built on the site of the Kidston gold mine, about 270km North West of Townsville, near the township of Georgetown.
The energy generated from the project will be delivered to Australia’s National Electricity Market during peak demand.
Genex Power managing director Michael Addison said: "Initial engagements between Genex and Entura have been very positive and we look forward to working with the Entura team, which has already indicated scope for improvements on the initial project design.
"The Genex Board will work closely with Entura to deliver a bankable feasibility study on budget and is on track to complete the work by 30 June 2016."
Entura managing director Tammy Chu said: "We look forward to working with Genex Power’s team and our partners to study how best to deliver a practical and commercially sound solution that will help bring the Kidston Pumped Storage project to life."