TNAG-1058-FCO40-1308-Guangdong-nuclear-power-station-project-1981 — Page 109

.10

B.11

10 -

After the formation of the Executive Committee and preparation of the outline functional specification, invitations should be sent to the the name of either the manufacturers in various countries under Executive Committee

the technical or GPC or CLP for discussions on and supply aspects of nuclear reactors, nuclear fuel and generating If both equipment in order to facilitate comparison and analyses. sides agree

on pressurised water reactors, discussions can be held with France and U.S.A. For generating equipment, discussions can be held with France, U.S.A., and U.K., etc. If both sides agree to consider heavy water reactors, discussions can be held with Canada. During the period of feasibility study, contacts should be made with U.S.A., France, U.K., or Canada. The sequence and timing of these The venue for contacts should be decided by the Management Group. these contacts should mainly be in Guangzhou but can also be in Hong Kong.

the

Every effort should be made to complete the Feasibility Report and the

Association of Contract draft Agreement,

and Articles of joint development as soon as possible, but in any event before the end of 1980.

C.

Meeting No. 3 held on 25th 26th March, 1980 in Guangzhou.

C.1

The confidentiality of information was discussed. It was agreed that all exchanged information and minutes of meeting should be kept with strict confidence which should not be divulged to other parties.

C.2

On expenditure incurred by subcommittees, GPC and CLP agreed that subcommittees should

without not commit

any expenditure

approval of the Executive Committee.

prior

C.3

decisions

GPC and CLP agreed that the Executive Committee would

a committee meeting members from each company and that the quorum of

It was should comprise no less than four members from each company. also agreed that alternate members would be allowed on prior notice and

would be that

reached at such meetings

equally

effective.

have seven

D.

Meeting No. 4 held on 27th May, 1980 in Guangzhou.

D.1

པནམཾ,' ---ད

Mr. Chen Gang

On the question of electricity pricing calculation, said it would be necessary to estimate the cost of electricity in Hong Kong and Guangdong at the time when the Nuclear Power Station came into operation. He said if the cost of electricity from the

Joint

that Venture exceeded

of Hong Kong

then the or Guangdong,

He not feasible.

added that one obviously

of the project was conditions of feasibility was for both CLP and GPC to derive benefits from this joint

He discussed by the Management Group.

venture.

suggested

that

this

question

be

Mr. Stones agreed that Mr. Chen Gang's statement that the Management Group should look into this question.

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