DO BTC HONG KONG

GR 00

DESKBY 160200Z

RECEIVED IN DEMISTRY NO. 51

SEP 1978

OFFICER

тк TREDY HKED

REGISTRY

Action Taken

CYPHER CAT/A

NO

ль

FM DO 151934Z

RESTRICTED

DESKBY 160200Z

See 1249

TO IMMEDIATE BTC HONG KONG TELEGRAM NO INDUS 204 OF 15 SEPTEMBER.

FOR MARCH FROM THORNTON.

TRANSMISSION SYSTEM.

MIPT.

1. FOLLOWING IS REPLY TO C L. P'S REQUEST FOR PRICE BREAKDOWN.

2. THE U.K. BID FOR THE TRANSMISSION SYSTEM IS WELL UNDERSTOOP,

NIR TO BE A PACKAGE, AS STRESSED IN LIPPITT'S LETTER OF 18 AUGUST TO SIR LAWRENCE KADOORIE. IT IS IN THE NATURE OF SUCH A BID THAT TI SHOULD BE APPRAISED AS A WHOLE, AND CAN NOT BE BROKEN DOWN INTO INDIVIDUALLY PRICED SEGMENTS. IT IS NOT THEREFORE POSSIBLE TO PROVIDE THE DETAILED INFORMATION REQUESTED IN YOUR INDUS 124.

3. LIPPITT HAS DISCUSSED THIS IN THE U.K. WITH STONES, WHO ACCEPTS THAT SUCH INFORMATION CANNOT BE GIVEN WITHOUT BREAKING THE INTEGRITY OF THE U.K. PACKAGE.

4. WE RECOGNISE THAT CLP/ELECTROWATT SHOULD HAVE AS MUCH HELP AS WE CAN GIVE THEM IN IDENTIFYING WHAT CONSTITUTES THE U.K. PACKAGE, IN ORDER THAT THEY CAN GIVE CLP AUTHORITATIVE ADVICE ON THE BID. WE ARE DETERMINED TO GIVE THEM THIS HELP, AND ARE ALREADY DOING SO. HOWEVER, WE DO NOT SEE THAT THEY REQUIRE U.K. PRICES FOR INDIVIDUAL ITEMS IN ORDER TO ARRIVE AT THEIR VIEW OF WHAT THE TOTAL PACKAGE IS WORTH. (DOUBTLESS THEY WILL BUILD THIS UP FROM THEIR OWN ESTIMATES OF THE VALUE OF SEPARATE ITEMS.)

5. THERE FOLLOWS SOME NON-PRICE INFORMATION ON INDIVIDUAL AREAS

THEY AND ELECTROWATT DISCUSSED IN CLP'S DETAILED TELEGRAM WHICH MAY FIND HELPFUL IN THIS CONTEXT:-

Share This Page