[Federal Register Volume 60, Number 242 (Monday, December 18, 1995)]
[Notices]
[Pages 65061-65062]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 95-30623]



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DEPARTMENT OF ENERGY
[Docket No. ER96-1-000]


Powertec International, L.L.P.; Notice of Issuance of Order

December 12, 1995.
    On October 2, 1995, as amended October 23, 1995, Powertac 
International, L.L.P. (Powertec) submitted for filing a rate schedule 
under which Powertec will engage in wholesale electric power and energy 
transactions as a marketer. Powertec also requested waiver of various 
Commission regulations. In particular, Powertec requested that the 
Commission grant blanket approval under 18 CFR Part 34 of all future 
issuances of securities and assumptions of liability by Powertec.
    On December 1, 1995, 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 Powertec should file a motion to 
intervene or protest with the Federal Energy Regulatory Commission, 888 
First 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, Powertec 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 interest, and is reasonably necessary or 
appropriate for such purposes.
    The Commission reserves the right to require a further showing that 
neither 

[[Page 65062]]
public nor private interests will be adversely affected by continued 
approval of Powertec'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 January 2, 1996.
    Copies of the full text of the order are available from the 
Commission's Public Reference Branch, 888 First Street, N.E. 
Washington, D.C. 20426.
Lois D. Cashell,
Secretary.
[FR Doc. 95-30623 Filed 12-15-95; 8:45 am]
BILLING CODE 6717-01-M