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(1)
OFFER OF A PROJECT TO PROVIDE RURAL ELECTRIFICATION TO AN
AREA OF A DEPTH OF 20 - 25 MILES RUNNING PARALLEL TO THE BORDER
!
OF THE NEW TERRITORIES.
(11) CONNECTION OF THE 2200 VOLT GRID IN KWANGTUNG TO THE ENV
DISTRIBUTION LINES ORDERED BY CL+P FOR KOWLOON AND THE NEW
TERRITORIES TOGETHER WITH A SUB-STATION, THE NECESSARY STEP- DOWN TRANSFORMERS AND SWITCHGEAR AT SHEK LOONG.
6. THE REASON 1 HAVE PROPOSED THESE PROJECTS IS THAT THEY COULD
EASILY BE ACCOMMODATED IN THE DESIGNS AND INVESTIGATIONS THAT ARE
NOW TAKING PLACE WITHIN MY COMPANY. STAFF FROM THE NATIONALISED
BRITISH ELECTRICITY BOARD AND A MAJOR ELECTRICAL MANUFACTURER AND
CONTRACTOR ARE, AT THIS MOMENT, COMPLETING THE DESIGN FOR OUR 430W
SYSTEM.
7. THE DISTANCE BETWEEN SHUM-CHUN (BRITISH BORDER) AND SHEK LOONG
(NEAREST POINT OF CHINESE GRID) IS APPROXIMATELY 100 KMS.
8. THE HONG KONG GOVERNMENT HAVE AGREED AS PART OF THEIR FUTURE
PLANS TO ELECTRIFY THE KOWLOON-CANTON RAILWAY UP TO THE CHINESE
BORDER AT LO WU. THIS HAS INVOLVED CONSIDERABLE STUDY AND
DESIGN BY ENGINEERS FROM THE NATIONALISED BRITISH RAILWAYS, AND
AGAIN WE BELIEVE THAT IT WILL BE POSSIBLE FOR US TO OBTAIN FROM
THE U.K THE DESIGN SERVICES AND THE EQUIPMENT TO CONTINUE THIS
THROUGH TO CANTON.
9. AS THINGS NOW STAND TRANSFER OF ENERGY ON ANY SUBSTANTIAL
SCALE (150 MW MINIMUM) COULD NOT TAKE PLACE UNTIL 1982 AND THIS MIGHT NOT SUIT CHINA'S DEVELOPMENT PROGRAM. CONSEQUENTLY, SHOULD
CHINA WISH TO SUPPLY COAL IMMEDIATELY I AM PREPARED TO CONSIDER
SETTING UP A NEW COMPANY, PREFERABLY ON A JOINT VENTURE BASIS IN WHICH CHINA, EXXON, THE NATIONAL COAL BOARD AND THE KADOORIE
INTERESTS WOULD PARTICIPATE TO ACT AS SELLING AGENTS FOR CHINESE
CO AL.
I AM AWARE THERE IS A CONSIDERABLE DEMAND FOR THIS COAL IN
EUROPE AND ELSEWHERE. THIS WOULD ENABLE US TO DEVELOP THE SYSTEM
OF COMPENSATORY DEALS AND ASSIST IN OBTAINING THE EQUIPMENT CHINA NEEDS IN THE YEARS 1978/86.
18. THOUGH MY ORIGINAL INTENTION CERTAINLY DID NOT CONTEMPLATE
BECOMING COAL MERCHANTS, IT IS MOST IMPORTANT TO REMEMBER THAT
WERE IT NOT FOR THE PURCHASING POWER CREATED BY KESCO'S DEMAND
FOR COAL NO SUBSTANTIAL COMPENSATORY DEALS WOULD BE POSSIBLE.
11. THIS ACCENTUATES THE NEED FOR HONG KONG'S LONG TERM INTERESTS TO BE KEPT IN MIND, AND THE HEAVY RESPONSIBILITY IT PLACES UPON
TUBAHAU DAS JEST
US TO MAINTAIN TUE