TNAG-0637-FCO40-785-Supplies-of-electricity-for-Hong-Kong-1977 — Page 85

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CONFIDENTIAL

Presentation of UK proposals. We hope to submit our proposals in the midle of August or shortly afterwards. However there are reasons why a mid- August date will be difficult:

i the CEGB team has only just returned and a great

deal of work has to be done;

ii

we need further talks in Hong Kong on HK dollars. These will materially affect our price.

IC2

Department of Industry

25 July 19777