CONFIDENTIAL
000242
MDADAN 2310
Personal friend of Mr Goodlad.
g. Mr and Mrs Paul Cheng: Chairman of Inchcape Pacific. Biggest traders in Hong Kong, representing all the quality British cars and numerous British manufacturing companies. But their key source of income is their franchise for Mazda cars. Expanding their operations in China significantly and want to co-operate with British companies in this. Very well connected in Peking.
3. China Light and Power/Black Point
IN december 1992 CAPCO, a company formed by China Light and Power (CLP) and Exxon Energy, awarded the GEC-Alstom/GE (USA) Consortium a contract for the 8 x300 mw gasfire combined cycle power station of Black Point. The UK content is around 530 million Pounds. Babcock Energy will be supplying the waste heat boilers. This was a major coup for gec-a as the project was won in the face of intense international competition, notably from Siemens.
4. The plant will be fuelled by natural gas piped to Hong Kong from the South China Sea. The gas supply contract with China National Offshore Oil Corporation and its partners was signed in December 1992, securing 20 years of piped natural gas supply. The construction programme started on 1 February 1993 when access to Black Point site was obtained. Contracts for site formation, cooling water works, piling, main civil works and chimney works have been placed. All site work is currently proceeding to programme.
5. Deliveries of the first major items of generating plant will commence in mid 1994. The first two units, corresponding to a total of 625 MW, will enter into commercial operation in 1996. It is intended that the ultimate capacity of the power station will be about 6,000 MW.
6. An important objective of the visit to Castle and Peak Black -Point is to emphasise to CLP and in public, GEC'S major stake in
power generation in Hong Kong and China. It is a very big one and includes Castle Peak Power Stations, Daya Bay Nuclear Power Station and plans for no less than 10 new power plants in China.
7. We are not aware of a HK Electric/GEC relationship. We presume you are referring to the problem HK Electric had with NEI. To our knowlege the NEI turbine at Lamma Power Station is now performing
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