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Annex B
total installed capacity to be reduced by at least 350 mw between 1983 and 1992.
5.
The dual-fired generators which both companies will introduce in 1982 will burn either coal or oil. Present plans are to use coal. Both CLP and HEC expect to obtain most of their coal from China, and the rest. probably from Australia.
(b) Demand from China (Annex B) · (i) 50 mw supplies
6.
CLP have signed a draft agreement with the Guangdong (Kwangtung) Electric Industry Bureau (KEIB) for a 50 mw supply of 1 million units a day (on a 24 hour basis), to the Chinese power network at Shum Chun in Po On County. A formal agreement, which will be for
a period of three years from the date of supply, is required to be signed by 31 March. The connection will be made from CLP's existing sub-station at Fan Ling, which is about 12 kms from Shum Chun. It is understood that the supply is required mainly to provide power for industralisation of Guangdong.
7.
There will be two transmission circuits, one of which is to be completed by 31 March 1979, and the other by 31 December. Work is proceeding well on the first transmission circuit, and supplies to the KEIB are expected to commence as planned, at the end of March.
8.
The tariff charged by CLP to KEIB will be CLP's normal bulk tariff, with provision for increases in the second and third years. The total revenue expected by CLP over the 3 year period is $185 million.
CONFIDENTIAL # 3
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