[Federal Register Volume 62, Number 198 (Tuesday, October 14, 1997)]
[Notices]
[Page 53323]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 97-27056]


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DEPARTMENT OF ENERGY

Federal Energy Regulatory Commission
[Docket No. ER97-4024-000 and EL95-62-000]


British Columbia Power Exchange Corporation; Notice of Issuance 
of Order

October 7, 1997.
    British Columbia Power Exchange Corporation (Powerex) filed an 
application for authorization to sell power at market-based rates, and 
for certain waivers and authorizations. In particular, Powerex 
requested that the Commission grant blanket approval under 18 CFR Part 
34 of all future issuances of securities and assumptions of liabilities 
by Powerex. On September 24, 1997, the Commission issued an Order 
Accepting for Filing Market-Based Rates and Granting and Denying 
Waivers and Authorizations (Order), in the above-docketed processing.
    The Commission's September 24, 1997 Order granted the request for 
blanket approval under Part 34, subject to the conditions found in 
Ordering Paragraphs (D), (E), and (G):
    (D) Within 30 days of the date of this order, any person desiring 
to be heard or to protest the Commission's blanket approval of 
issuances of securities or assumptions of liabilities by Powerex 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.
    (E) Absent a request to be heard within the period set forth in 
Ordering Paragraph (D) above, Powerex is hereby authorized to issue 
securities and to assume obligations or liabilities as guarantor, 
endorser, surety or otherwise in respect of any security of another 
person; provided that such issue or assumption is for some lawful 
object within the corporate purposes of Powerex, compatible with the 
public interest, and reasonably necessary or appropriate for such 
purposes.
    (G) The Commission reserves the right to modify this order to 
require a further showing that neither public nor private interests 
will be adversely affected by continued Commission approval of 
Powerex's issuances of securities or assumptions of liabilities * * *.
    Notice is hereby given that the deadline for filing motions to 
intervene or protests, as set forth above, is October 24, 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. 97-27056 Filed 10-10-97; 8:45 am]
BILLING CODE 6717-01-M