[Federal Register Volume 62, Number 14 (Wednesday, January 22, 1997)]
[Notices]
[Pages 3275-3276]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 97-1510]


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DEPARTMENT OF ENERGY
[Docket No. ER97-18-000]


P&T Power Company; Notice of Issuance of Order

January 16, 1997.
    P&T Power Company (P&T Power) submitted for filing a rate schedule 
under which P&T Power will engage in wholesale electric power and 
energy transactions as a marketer. P&T Power also requested waiver of 
various Commission regulations. In particular, P&T Power requested that 
the Commission grant blanket approval under 18 CFR Part 34 of all 
future issuances of securities and assumptions of liability by P&T 
Power.
    On January 8, 1997, 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 P&T Power should file a

[[Page 3276]]

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, P&T Power is 
authorized to issue securities and assume obligations or liabilities as 
a guarantor, endorser, 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 public nor private interests will be adversely affected by 
continued approval of P&T Power'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 February 7, 1997. 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. 97-1510 Filed 1-21-97; 8:45 am]
BILLING CODE 6717-01-M