SUPPLY TO CHINA IF THIS WERE REQUIRED. THE 430 KV TRANSMISSION''
BETWEEN THE WORDS NEW POWER STATION AND' AND WOULD BE FULLY INTEGRATED WITH IN THE FINAL SENTENCE OF PARA 3 OF YOUR REVISED DRAFT TEXT. YOUR SUGGESTED PARA.5 WOULD THEREFORE
BECOME REDUNDANT. JEAFFRESON CONFIRMS THAT THE HONG KONG GOVERNMENT COULD ACCEPT THIS. I SEE NO OBJECTION TO THE ADDITION OR TO CLP'S REQUEST THAT THE SUMS QUOTED IN THE TITLE AND PARA.1 CONSEQUENTLY BE AMENDED TO READ £100 MILLION AND APPROXIMATELY £100 MILLION'' RESPECTIVELY.
MY ONLY OTHER COMMENTS ON YOUR TEXT ARE:-
(A) AS WE SHALL NOT KNOW BEFORE THE SIGNATURE OF A LETTER
OF INTENT WHETHER THERE WILL BE A SINGLE TRANSFORMER MANUFACTURER
WE MUST OMIT ANY REFERENCE TO EITHER HAWKER SIDDELEY POWER TRANSFORMERS OR TO FERRANTI. ODELL CONSIDERS THAT WE SHOULD THEREFORE ALSO OMIT REFERENCE TO PARSONS PEEBLES AND
YOU WILL ALSO HAVE TO AMEND THE LIST OF TOWNS.
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(B) CLP REQUEST THAT THE WORD ''RING" BE SUBSTITUTED FOR
''LOOP'' IN THE FINAL SENTENCE OF YOUR PARA.3. THEY ALSO HOPE THAT YOU WILL AVOID USE OF THE WORD 'SPUR' IN ANY INFORMAL PRESS BRIEFING AS THIS CARRIES THE CONNOTATION THAT SPECIAL EXPENDITURE IS BEING UNDERTAKEN IN RESPONSE TO CHINESE REQUIREMENTS.
5. I THINK THIS COVERS ALL THE POINTS MADE IN YOUR INDUS 315.
THE ANSWER TO YOUR PARA.2 IS THAT THE £85 MILLION WOULD HAVE COVERED BOTH PHASING AND INCREASED SCOPE OF SUPPLY BUT THAT ON ACCOUNT OF THE CONCESSION MADE BY ODELL (SEE PARA.1 ABOVE) THE PHASING ELEMENT HAS NOW BEEN ABSORBED.
6. I SHALL TELEGRAPH ON MONDAY THE TEXT OF SIR LAWRENCE'S
PROPOSED STATEMENT AT HIS AGM. AT THE MOMENT CLP DO NOT REPEAT
NOT INTEND TO ISSUE A SEPARATE PRESS RELEASE. TEXT OF PROPOSED DRAFT PRESS ANNOUNCEMENT BY BALFOUR BEATTY IS IN MIFT. ODELL WOULD BE GRATEFUL IF YOU WOULD TRANSMIT IT TO HIS SECRETARY AT
SIDCUP AND WARN HER THAT SHE CAN EXPECT FURTHER AMENDMENTS.
MARCH
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