XN000022-1980-01-29 — Page 6

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TUESDAY, JANUARY 29, 1980

TRADE SECRETARY VISITS SITE OF NEW POWER PLANT

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THE SECRETARY OF STATE FOR TRADE, THE RT HON JOHN NOTT TODAY (TUESDAY) VISITED THE SITE OF THE NEW POWER PLANT UNDER CONSTRUCTION AT TAP SHEK KOK AND HAD TALKS WITH SENIOR ENGINEERS OF CHINA LIGHT AND POWER COMPANY WHICH WILL MANAGE THE STATION.

THE EQUIPMENT FOR THE DUAL (COAL/OIL) FIRED GENERATION UNITS ARE SUPPLIED BY THE BRITISH GEC TURBINE GENERATORS LTD BRITISH EXPERTISE AND SUPPLY OF OTHER ELECTRICAL AND MECHANICAL EQUIPMENT ARE ALSO CONTRIBUTING TO THE MULTI-BILLION DOLLAR PROJECT.

THE STATION IS BEING DEVELOPED IN TWO PHASES. THE 'A' STATION WILL HOUSE FOUR 350 MW GENERATING UNITS, TO BE COMMISSIONED BETWEEN 1982 AND 1985, AND A NUMBER OF GAS TURBINES.

DETAILED STUDIES ARE IN HAND ON THE SECOND PHASE OF THE PROJECT, THE 'B' STATION. THOUGH NO FIRM DECISION HAS YET BEEN MADE, THE SIZE OF ITS GENERATING UNITS WILL PROBABLY BE 660 MW.

CONSTRUCTION WORK, INITIALLY INVOLVING EXTENSIVE SITE FORMATION AND RECLAMATION BEGAN IN 1978. THE STATION IS OWNED BY KOWLOON ELECTRICITY SUPPLY CO LTD WHICH IS JOINTLY FINANCED BY ESSO AND CHINA LIGHT.

MR NOTT WAS ACCOMPANIED ON THE VISIT BY THE SENIOR BRITISH TRADE COMMISSIONER, MR D.M. MARCH.

FOUR LOTS OF CROWN LAND SOLD

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A 18 600-SQUARE METRE SITE AT SUNDERLAND ROAD, KOWLOON, WAS SOLD FOR $210 MILLION AT AN AUCTION CONDUCTED BY THE PUBLIC WORKS DEPARTMENT'S CROWN LANDS AND SURVEY OFFICE IN THE CITY HALL TODAY (TUESDAY).

THE SITE, FOR PRIVATE RESIDENTIAL PURPOSES, WAS BOUGHT BY HANG BONG CO LTD AT $11 286.08 PER SQUARE METRE.

A NON-INDUSTRIAL SITE AT ABERDEEN MAIN ROAD. MEASURING ABOUT 2 700 SQUARE METRES. WAS SOLD FOR $135 MILLION OR $50 223.22 PER SQUARE METRE. IT WAS BOUGHT BY IRON COURT LTD.

ANOTHER 2 200-SQUARE METRE SITE, FOR INDUSTRIAL AND/OR GODOWN USES, WAS BOUGHT BY HOPES ICE AND COLD STORAGE LTD. THE LOT. LOCATED AT SHEK PAI WAN ROAD, ABERDEEN, WAS SOLD FOR $84 MILLION OR $37 854.90 PER SQUARE METRE.

THE FOURTH LOT AT THE JUNCTION OF CHO YUEN STREET AND SZE SHAN STREET, YAU TONG, WAS SOLD TO RICH PEARL LTD FOR $14.5 MILLION OR $25 000 PER SQUARE METRE. THE SITE COVERS AN AREA OF ABOUT 580 SQUARE METRES AND IS INTENDED FOR NON-INDUSTRIAL PURPOSES EXCLUDING RESIDENTIAL USES.

THE LAST LOT AT CHA KWO LING ROAD, KOWLOON, MEASURING ABOUT 2 300 SQUARE METRES, WAS WITHDRAWN BECAUSE THERE WERE NO BIDDERS. THIS LOT IS FOR INDUSTRIAL AND/OR GODOWN PURPOSES.

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