TNAG-0766-FCO40-970-Supplies-of-electrical-power-for-Hong-Kong-Castle-Peak-power-1978 — Page 108

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TO OWN THE GENERATING FACILITIES NOW TO BE PROVIDED.

ENDS

2. YOU WILL NOTE THAT 1-

(A) PARA 1

REFERENCES TO PROJECT 77 HAVE BEEN REMOVED AS THIS IS

A CODE NAME WHICH IS NO LONGER RELEVANT.

(B) ADDITIONAL PARA 3 HAS BEEN ADDED TO DESCRIBE DOI PACKAGE AT AN EARLY STAGE OF THE STATEMENT.

(C) PARA 6 FULLER EXPLANATION IS GIVEN OF CLP'S REASONS FOR CHOOSING THE COAL OPTION.

(D) PARA 7 - REFERENCE TO NEGOTIATED CONTRACT RATHER THAN INTERNATIONAL TENDER HAS BEEN ALTERED TO EMPHASISE FACT FINDING ACTIVITIES WHICH TOOK PLACE BEFORE THE OFFER WAS ACCEPTED. (E) PARA 11 CLP WISH TO INCLUDE REFERENCE TO CONTINUING CO-ORDINATORY AND SUPERVISORY ROLE OF DOI DURING NEGOTIATIONS. (F) PARA 14 - CLP WISH TO INCLUDE REFERENCE TO AVAILABILITY OF NATIONAL COAL BOARD EXPERTISE.

(G) PARA 16- MORE BACKGROUND 13 GIVEN TO INTERNATIONAL STANDING OF ELECTROWATT. CLP NOW PREFER TO OMIT DETAILS OF THE TERMS OF

REFERENCE.

(H) PARA 18

REFERENCES TO SPECIAL FINANCE ARRANGEMENTS ARE

EXPANDED TO SHOW THAT CLP HAVE TAKEN FULL ADYANTAGE OF EXTERNAL

CREDIT..

K(1) PARA 20 REFERENCE IS MADE TO CLP'S TOTAL INVESTMENT PROGRAMME (J) PARA 21- THE OPPORTUNITY IS TAKEN TO ANNOUNCE FORMATION OF THE NEW GENERATING COMPANY KOWLOON ELECTRICITY SUPPLY COMPANY (KESCO).

CCN PARAA 5 SHOULD REEAD 220,000 MAN-HOURSE OF WORK.

FCO PASS SAVING TO PEKING.

MARCH

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