March 24 (Reuters) - Genex Power Ltd GNX.AX :
* GENEX POWER LTD - AUSTRALIAN RENEWABLE ENERGY AGENCY (ARENA) TO PROVIDE UP TO $47M IN GRANT FUNDING FOR PROJECT
* GENEX POWER - ARENA TO CONVERT REPAYMENT OF $9M IN DEVELOPMENT FUNDING EARLIER PROVIDED FOR KIDSTON PROJECT INTO NON-RECOUPABLE GRANT