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In response to Lord Kadoorie's approach, the Department of Industry

brought together the expertise of UK manufacturing industry, the

electricity supply industry and the financial institutions in the

and we see today the

presentation of a unique package of proposals

successful culmination of those proposals.

My Government were most gratified when progress on the 'A' station

went so well that we were asked by Lord Kadoorie and the Directors

of CL and P and Exxon to repeat the venture for a 4 x 660 megawatt

sister station

-―

to be built on the same site

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Castle Peak 'B'.

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This order served to reinforce the unique partnership between the UK,

CL and P and Exxon.

The level of involvement of UK companies in both the 'A' and 'B'

stations and the transmission line

in excess of £1,000m

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resulting in orders for UK industry

is greatly valued by the UK Government.

It is always pleasing to hear that the performance of UK companies has

met expectations. And I understand progress on the 'A' station has

more than met initial hopes. This project has fully justified the firm

faith that Lord Kadoorie and the directors of CL and P and Exxon have in

the UK's power plant industry capabilities.

There are two particular aspects of this project which I should like to

mention briefly. The first is the excellent working relationship that

has been established between CL and P and the UK companies involved.

This relationship has enabled any problems that have arisen during

construction to be resolved quickly and satisfactorily.

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