I do not quite understand - the head is marginal at best. What we do have is power generating equipment, a dam and power plant. It seems to me a starting point is to determine what can be generated here and at what cost. If the kinetic potential is 250 kWh, how much of that can be actualized by modifying the existing turbine and generator. And what would that modification cost. As an example, could we generate 200 kWh by rewind/degrade the generator and overhaul the turbine to generate dc power to avoid speed control/synchronization and then invert to functional ac power? If this could be achieved for $500,000, we would have a strategy to fall back on.
Also, I am not familiar with a CO turbine or system. Could you elaborate ?