AUG 16 '86 11:35 TIB (OOU) HK GOVT
P.1
1328/E/86
SUMMARY TRANSLATION
(Page 1 of Ming Pao dated 12.8.1986)
The Government of Hong Kong said the Harwell Report 'Accident Assessment Phase I' would be published, but it would have to wait until the Phase II detailed report and the remaining four researches had all been completed. Right now, it is not known when the Phase II report will be completed. It is estimated that the report would be completed in March 1987 the soonest. Since Ming Pao knows the contents of the Phase I report, it is giving a summary of the report for the readers' information.
As what China Light & Power Co. Ltd. would invest is less than what the Guangdong authorities expect, the profits the Chinese Government will make is not going to be sufficient to offset the foreign exchange it needs for the construction of the nuclear power plant. While the Guangdong authorities think what China Light invests will constitute a major portion of the money required, the amount turns out to be but 1/4 of the cost of the project. And, China Light will only undertake to buy electricity from the nuclear power plant at market price. So, the profits which the China Government will make is not going to be sufficient to offset the foreign exchange that is needed for the construction of the
nuclear power plant.
An official of the Hong Kong Government has learnt from the Harwell Report that the accident risk of the Daya Bay Nuclear Power Plant will be 1/166. Ming Pao has obtained quite a number of government restricted and confidential papers which can prove that though the Government has given a lot of assurances to the people of Hong Kong about the safety of the Daya Bay Nuclear Power Plant after the USSR Chernoby accident, it in fact has grave doubts about whether the plant would endanger the territory. And it is very anxious to get all the answers so that it can deal with the force of opposition which is much stronger than expected.
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