TNAG-0638-FCO40-786-Supplies-of-electricity-for-Hong-Kong-1977 — Page 176

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TRED (2) PUSY (2) K129

CONFIDENTIAL

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TO IMMEDIATE D.T.1 TELNO, CREDA 201 OF 4 OCTOBER.

FOR MACDONALD, 1.C.2.

POWER STATION PROJECT.

1. HOWARD DUNCAN HAS JUST TELEPHONED TO SAY THAT HE AND SIR LAWRENCE CONSIDER THAT THE NOVEMBER 1 DEADLINE FOR THE ISSUE OF A LETTER OF INTENT TO GEC IS UNREALISTIC. CLP/PEPCO DO NOT EXPECT TO HAVE COMPLETED THEIR EVALUATION OF OUR OFFER UNTIL MID-DECEMBER AND, THEREFORE, REQUEST THAT IT BE HELD OPEN UNTIL THE END OF 1977.

2. DUNCAN COMMENDED US ON THE VAST AMOUNT OF DETAILED WORK THAT HAD BEEN ACHIEVED BUT MADE NO COMMENT ON THE PRICE.

MARCH

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