TNAG-0769-FCO40-973-Supplies-of-electrical-power-for-Hong-Kong-Castle-Peak-power-1978 — Page 12

UNQUOTE

(B) QUOTE

DEAR JOHN,

IT IS WITH PLEASURE THAT I CAN TELL YOU THAT AFTER PROTRACTED NEGOTIATIONS I HAVE, TODAY, SIGNED A LETTER OF INTENT TO BALFOUR BEATTY FOR THE 400KV LINE REQUIRED BY THE CHINA LIGHT AND POWER

CO.LTD.

THIS CONTRACT IS WORTH APPROXIMATELY £100 MILLION TO BRITISH INTERESTS AND WILL, I AM SURE, INFLUENCE FURTHER ORDERS PARTICULARLY

FROM KWANGTUNG PROVINCE.

THE QUESTION OF EXCHANGE OF ELECTRICITY FOR CO AL HAS BEEN REVIVED BY THE CHINESE TO WHOM WE WILL BE SENDING A DELEGATION NEXT WEEK TO DISCUSS THIS MATTER.

AGAIN, MY THANKS FOR ALL YOU HAVE DONE TO ASSIST IN THIS

MATTER.

WITH SEASON'S GREETINGS AND ALL GOOD WISHES,

UNQUOTE

YOURS SINCERELY,

LAWRENCE KADOORIE.

2. ORIGINALS FOLLOW BY BAG LEAVING TOMORROW 13 DECEMBER.

MARCH

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