KPO kalina power limited

Right Strategic Sector - CCS

  1. 1,499 Posts.
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    Plenty of scorn been poured on the management team here and for sure, progress has not been quick. Its a very conservative, slow sector and perhaps not the easiest for a micro-cap to play in. Especially without a broker that will pump the stock to ensure when capital is raised its done at premium prices. But that all being said, some of the mindless comments here around management's ability to get projects up say more about the poster and their naivity of what is involved in getting a Billion dollar power project up, or how dynamic the regulatory landscape has been for the energy sector in North America. If there is one thing these guys have demonstrable skill at, it is establishing real power projects in North America and it seems they are moving back to their area of expertise as a means to turn KPO into a credible business with a decent balance sheet.

    In doing a bit of digging around in Canada one of the firms that was mentioned i recall at the AGM was Mitsubishi Heavy Industries
    https://www.mhi.com/news/22051101.html

    Mitsubishi, last year set up shop in Calgary to kickstart its CCS work into Canada. It has off the shelf kit for CCS projects. They also identify the Canadian government tax rebates for CCS projects - 50% of the CAPEX refundable so its clearly a big part of the Canadian governments plans to ensure their energy security going forward.

    Our zero carbon CCGT-CCUS projects will be very well aligned with the the Canadian governments plans. Yes it is enormously complex bringing it all together and we clearly need partners as bringing a project this size to FNTP is beyond our current budget, but i feel once we get a partner on board like a Mitsubishi (and of course their are other competitors to them) as a supplier and/or a funding partner, the true potential of KPO will be borne.
 
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