TNAG-0769-FCO40-973-Supplies-of-electrical-power-for-Hong-Kong-Castle-Peak-power-1978 — Page 46

OVER THE NEXT EIGHT YEARS TO BALFOUR BEATTY AND ITS MAIN SUB- CONTRACTORS, BICC POWER CABLES, HAWKER SIDDELEY TRANSFORMERS, AND PARSONS PEEBLES.

2. THE GOVERNMENT EFFORT TO SECURE THE CONTRACT WAS CO-ORDINATED BY MR. ALAN WILLIAMS, MINISTER OF STATE FOR INDUSTRY, AND NEGOTIAT- IONS WERE CONDUCTED IN HONG KONG WITH CLOSE COLLABORATION BETWEEN OFFICIALS OF THE DEPARTMENT, THE BRITISH TRADE COMMISSION, ECGD, THE CONTRACTORS AND UK MERCHANT BANKS. WELCOMING THE ORDER MR.

WILLIAMS SAID TODAY:-

QUOTE I AM DELIGHTED THAT NEGOTIATIONS HAVE BEEN SUCCESSFULLY CONCLUDED, AND THAT UK INDUSTRY HAS AGAIN BEEN ABLE TO SECURE VALUABLE BUSINESS IN THIS VERY IMPORTANT MARKET. THE ORDER WILL BRING SUBSTANTIAL WORK TO FACTORIES IN HEREFORD, ERITH, PRESCOT, WALTHAMSTOW AND EDINBURGH, AND PROVIDES FURTHER EVIDENCE OF THE GAINS TO BE HAD FROM THE CLOSE INTEGRATION OF THE EFFORTS OF UK INDUSTRY, GOVERNMENT AND THE CITY IN PURSUIT OF MAJOR EXPORT BUSINESS.

IT ALSO UNDERLINES ONCE MORE THE OPPORTUNITIES THAT EXIST FOR BRITISH INDUSTRY IN HONG KONG AND THE REST OF SOUTH EAST ASIA. UNQUOTE

3. IN JANUARY THIS YEAR IT WAS ANNOUNCED THAT GEC TURBINE GENERATORS, WITH BABCOCK AND WILCOX AS MAIN SUB-CONTRACTORS, HAD WON A MAJOR £100M CONTRACT FOR THE SUPPLY OF TWO 350 MW GENERATING SETS FOR THE NEW CASTLE PEAK POWER STATION TO BE OPERATED BY CHINA LIGHT AND POWER AND ESSO. THE ANNOUNCEMENT OF THE ORDER FOR THE TRANSMISSION SYSTEM IS THE NEXT STAGE IN A MAJOR DEVELOPMENT PROGRAMME. THE 400 KV SUPERGRID' IS PLANNED EVENTUALLY TO FORM A COMPLETE LOOP LINKING THE MAJOF POPULATION CENTRES IN THE NEW TERRITORIES AND KOWLOON WITH THE NEW POWER STATION, AND WILL BE FULLY INTEGRATED WITH THE UTILITY'S PRESENT 132 KV NETWORK.

4. THE NEW ORDER IS A TURNKEY PACKAGE AND INCLUDES THE DESIGN, SUPPLY, AND INSTALLATION OF OVERHEAD TRANSMISSION LINES, UNDERGROUND SUPERTENSION CABLES, AND SUBSTATION TRANSFORMERS AND REACTORS, AS WELL AS THE PROVISION OF SERVICES TO CLP BY BRITISH ELECTRICITY INTERNATIONAL, THE OVERSEAS CONSULTANCY ARM OF THE UK ELECTRICITY

SUPPLY INDUSTRY

5. IN ADDITION, THE LETTER OF INTENT INCLUDES AN OPTION FOR THE PROVISION BY BALFOUR BEATTY OF A SPUR LINE FROM CLP'S SYSTEM 1DWARDS CHINA

,FOR THE POSSIBLE FUTURE SUPPLY OF

ELECTRICITY INTO CHINA. THIS WOULD BE WORTH SOME £12M, BRINGING THE TOTAL POTENTIAL VALUE OF THE BUSINESS TO NEARLY £100M. NOTES TO EDITORS (UNDERLINED)

1. CHINA LIGHT AND POWER (CLP) IS THE QUOTED HONG KONG COMPANY

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