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Kinetiko Energy can be "part of the solution" in South African power generation

Kinetiko Energy can be "part of the solution" in South African power generation

Kinetiko Energy Ltd (ASX:KKO) CEO Nick de Blocq speaks to Proactive about the company's exploration work near South Africa's Majuba power station.

Majuba has a 20MW gas generator awaiting a source of fuel and Kinetiko is hoping to be able to supply the power station using gas from the site.

Kinetiko has recently secured A$5mln in additional funding from South African energy investment company Phefo Power, which it intends to use in support of its continuing exploration program.