TNAG-0769-FCO40-973-Supplies-of-electrical-power-for-Hong-Kong-Castle-Peak-power-1978 — Page 40

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FM BTC HONG KONG 080929Z DEC 78

TO IMMEDIATE D.0.1.

TELNO, INDUS 221 OF 8 DECEMBER.

OFFICE

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MILA TRED (2) плива

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FOLLOWING IS TEXT OF BALFOUR BEATTY'S RELEASE:-

fus) (2)

''IT WAS ANNOUNCED TODAY IN HONG KONG THAT CHINA LIGHT AND

POWER HAS GIVEN A LETTER OF INTENT TO BALFOUR BEATTY LIMITED

FOR TURNKEY CONTRACT INCLUDING THE DESIGN, SUPPLY AND

CONSTRUCTION OF A POWER TRANSMISSION NETWORK IN HONG KONG,

ARISING OUT OF NEGOTIATIONS, WHICH HAVE BEEN SUPPORTED BY THE

BRITISH GOVERNMENT, THE CONTRACT WILL BE WORTH NEARLY ONE

HUNDRED MILLION POUNDS. WORK IS TO COMMENCE IMMEDIATELY AND

IS SCHEDULED TO BE COMPLETED IN 1986.

THE TRANSMISSION NETWORK, OPERATING AT 400 KV, WILL DISTRIBUTE POWER IN KOWLOON AND THE NEW TERRITORIES AND FORMS

PART OF CHINA LIGHT AND POWER CO.LIMITED DEVELOPMENTS WHICH

INCLUDE THE NEW POWER STATION AT CASTLE PEAK IN ASSOCIATION WITH ESSO.

THIS IMPORTANT CONTRACT HAS RESULTED FROM CLOSE COLLABORATION

BETWEEN THE CONTRACTORS, U.K GOVERNMENT AND THE FINANCIAL AUTHORITIES. THE PROJECT, WHICH WILL BE MANAGED AND ENGINEERED

BY BALFOUR BEATTY ENGINEERING, INCLUDES SUBSTANTIAL SUBCONTRACTS

FOR OTHER PARTS OF THE BICC GROUP INCLUDING BALFOUR BEATTY POWER CONSTRUCTION FOR THE OVERHEAD LINES, BICC POWER CABLES FOR THE UNDERGROUND CABLES, AND PAINTER BROTHERS FOR THE FABRICATED STRUCTURAL STEELWORK. HAWKER SIDDELEY POWER TRANSFORMERS

AND PARSONS PEEBLES WILL BE THE PRINCIPAL SUBCONTRACTORS FOR THE

TRANSFORMERS AND REACTORS RESPECTIVELY.''

MARCH

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