GRS 325

confidential

SECRET

AMENDED

FM HONG KONG 241015Z JULY 81

TO PRIORITY F C O

My Salt

amended

39/12

(Mr Davies consoles this over clarified and littely & cause difkalles i the DOI ete. (the Exco memes on the subject was secret but I apee for the

content here, that confictential would be sufficient). If you aree, may we doongate it or

should we ash. Horry kong ?

SECRET

DISTRIBUTION - 27 JULY 1981

TELEGRAM NUMBER 699 OF 24 JULY

INFO FRIORITY PEKING HONG KONG GOVERNMENT OFFICE LONDON

27.7.

I. Friar

of

The

PA

can

GUANGDONG NUCLEAR PROJECT

(36)

MY TELNO: 678 (NOT TO PEKING)

drwngrade

Confidential here

ON 21 JULY EXECUTIVE COUNCIL DECIDED THAT ON ECONOMIC AND POLITICAL GROUNDS, CHINA LIGHT AND POWER COMPANY (CLP) SHOULD BE INFORMED THAT THE HONG KONG GOVERNMENT HAS NO OBJECTION IN PRINCIPLE TO CLP PARTICIPATING IN A JOINT VENTURE TO DEVELOP, OPERATE AND MANAGE A NUCLEAR POWER STATION IN CHINA, AND TO CLP PURCHASING POWER FROM THE NUCLEAR POWER STATION GENERALLY IN THE TERMS INCLUDED IN THE FEASIBILITY STUDY. BUT CLP SHOULD CONSIDER WITH THE GUANGDONG POWER COMPANY (GPC) POSSIBLE WAYS IN WHICH THE COST TO CONSUMERS IN HONG KONG, PARTICULARLY IN THE EARLY YEARS, WOULD BE REDUCED TO A LEVEL NOT EXCEEDING THAT APPLICABLE TO ELECTRICITY PRODUCED IN HONG KONG: AND IF SUCH A REDUCTION COULD NOT BE ACHIEVED A REPORT SHOULD BE MADE TO EXECUTIVE COUNCIL. CLP IS TO BE ASKED TO EMPHASIZE BOTH TO THE PROPOSED JOINT VENTURE COMPANY AND TO THE SUPPLIERS OF EQUIPMENT THAT TIME IS OF THE ESSENCE IN ALL CONSTRUCTION AND EQUIPMENT CONTRACTS. ALSO,

CLP IS TO BE REQUESTED TO ALLOW THE HONG KONG ELECTRIC COMPANY (HEC) TO SEE THE FEASIBILITY STUDY REPORT, IF HEC SO WISHES, AND TO CONSIDER SYMPATHETICALLY ANY INTEREST HEC

MAY SHOW IN INVESTING IN THE PROPOSED HONG KONG COMPANY

(TO BE MANAGED AND CONTROLLED BY CLP) THAT WOULD PROVIDE

WITH GPC, THE EQUITY ELEMENT FOR THE FINANCING OF THE

PROJECT.

2. PARA 2 OF TUR. SECRETARY FOR THE ENVIRONMENT WILL NOW

GET IN TOUCH ABOUT A PRESENTATION TO EXECUTIVE COUNCIL

ON ENVIRONMENTAL ISSUES.

CATER

LIMITED

28

FED

JNU

HK & GD

ADDITIONAL DISTRIBUTION GUANGDONG NUCLEAR

TRED

SIR E YOUDE

MR - DONALD MR GILIMORE

SECRET

confidential

HKK 166

RECEIVED IN REGISTRY 40.

© 4 AUG 193!

DESK OFFICER

INDEX

PA

λ

REGISTRA

...

Action Take

Pas 7/91

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