KPO 0.00% 0.3¢ kalina power limited

Ann: Half Yearly Report and Accounts, page-29

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    I will go back and look to see when they started the industrialisation concept. I agree the bid could have been rejected based on the revised Kalina designs not being battle tested in any way, and if it was the case the only way they could prove it is to deploy the revised designs themselves and have them operating for a number of years. Not exactly a compelling business case of the industrialisation of the technology either, also makes Saddle Hills an experiment and makes it harder for financing as well, going in with completely unproven designs. If they knew it took 2 years for environmental after engineering why mislead investors with timeframes of a year ago for FNTP, you cannot have it both ways. Essentially you are now saying they purposely misled investors as they most certainly would have known that. I think they get to FNTP just never deploy the tech outside of gas fired plants.
 
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