BTC HONG KONG
GRS 240
CYPHER CAT/A
FM DTI 241836Z
HKK 164/1
INDEX
No
1 MAR 1978
AJ.
on Taxes
01
२९
TRED
.CONFIDENTIAL
Yeel
TO PRIORITY BTC HONG KONG TELEGRAM INDUS 60 OF 24 FEB
NIR.
POWER STATION PROJECT: YOUR INDUS 26 OF 22 FEBRUARY
PLEASE HAND OVER GAS TURBINE PROPOSALS TO CHINA LIGHT AND POWER.
IN DOING SO PLEASE INDICATE THAT GEC ARE SEEKING TO DEVELOP
CONTRACTUAL FORMULA THAT WILL MEET CLP'S WISHES IN RESPECT
OF ''SALE OR RETURN'' BASIS OF CONTRACT. SPECIFIC PROPOSAL WILL
BE PUT TO CLP AS SOON AS POSSIBLE. WE SHOULD WISH CLP TO
CONSIDER DOCUMENTS YOU ARE HANDING OVER AGAINST THIS BACKGROUND.
2. PLEASE ALSO INDICATE TO CLP THAT THE DEPARTMENT HAS
RECEIVED A DETAILED REPORT BY MONENCO (MONTREAL ENGINEERING)
ON THE GEC ERECTION PACKAGE FOR UNITS 1 AND 2. IN THE LIGHT
OF POINTS MADE BY MONENCO, AND DISCUSSIONS BETWEEN THIS
DEPARTMENT AND THE CONTRACTORS, THE EPECTION PRICES BEING FORMALLY PUT BY THE DEPARTMENT TO CLP/ESSO ARE US DOLLARS
11,402,700 AND HONG KONG DOLLARS 161,529,800. WE ARE CONFIDENT
THIS PRICE IS INTERNATIONALLY COMPETITIVE. WE UNDERSTAND
FROM BROOKS THAT CLP/ESSO WILL AT MOST BE LOOKING TO GEC TO
SUPERVISE ERECTION AND NOT REPEAT NOT UNDERTAKE FULL ERECTION.
3. SUPERVISION OF ERECTION PACKAGE HAS BEEN HANDED TO BROOKS.
HE CONSIDERS THIS OFFERS TOO MUCH BY WAY OF SERVICES SO
FURTHER GEC/CLP DISCUSSIONS SEEM NECESSARY.
4. COPIES OF FULL ERECTION AND SUPERVISION OF ERECTION
PACKAGES SENT BY DIPLOMATIC BAG, FOR SUBMISSION IF ONLY FOR RECORD TO CLP/ESSO.
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