[Federal Register Volume 59, Number 211 (Wednesday, November 2, 1994)]
[Notices]
[Page 0]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 94-27099]


[[Page Unknown]]

[Federal Register: November 2, 1994]


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DEPARTMENT OF ENERGY
[Docket No. ER94-1593-000]

 

National Power Exchange, Corp.; Notice of Issuance of Order

October 27, 1994.
    On August 18, 1994 and August 29, 1994, National Power Exchange, 
Corp. (NPEC) submitted for filing a rate schedule under which NPEC will 
engage in wholesale electric power and energy transactions as a 
marketer. NPEC also requested waiver of various Commission regulations. 
In particular, NPEC requested that the Commission grant blanket 
approval under 18 CFR Part 34 of all future issuances of securities and 
assumptions of liability by NPEC.
    On October 7, 1994, pursuant to delegated authority, the Director, 
Division of Applications, Office of Electric Power Regulation, granted 
requests for blanket approval under Part 34, subject to the following:
    Within thirty days of the date of the order, any person desiring to 
be heard or to protest the blanket approval of issuances of securities 
or assumptions of liability by NPEC should file a motion to intervene 
or protest with the Federal Energy Regulatory Commission, 825 North 
Capitol Street, N.E., Washington, D.C. 20426, in accordance with Rules 
211 and 214 of the Commission's Rules of Practice and Procedure (18 CFR 
385.211 and 385.214).
    Absent a request for hearing within this period, NPEC is authorized 
to issue securities and assume obligations or liabilities as a 
guarantor, indorser, surety, or otherwise in respect of any security of 
another person; provided that such issuance or assumption is for some 
lawful object within the corporate purposes of the applicant, and 
compatible with the public interests, and is reasonably necessary or 
appropriate for such purposes.
    The Commission reserves the right to require a further showing that 
neither public nor private interests will be adversely affected by 
continued approval of NPEC's issuances of securities or assumptions of 
liability.
    Notice is hereby given that the deadline for filing motions to 
intervene or protests, as set forth above, is November 7, 1994.
    Copies of the full text of the order are available from the 
Commission's Public Reference Branch, Room 3308, 941 North Capitol 
Street, N.E. Washington, D.C. 20426.
Lois D. Cashell,
Secretary.
[FR Doc. 94-27099 Filed 11-01-94; 8:45 am]
BILLING CODE 6717-01-M