[Federal Register Volume 62, Number 203 (Tuesday, October 21, 1997)]
[Notices]
[Pages 54655-54656]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 97-27876]


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NUCLEAR REGULATORY COMMISSION


The Cleveland Electric Illuminating Company, Toledo Edison 
Company, Centerior Service Company, Duquesne Light Company, OES 
Nuclear, Inc., Ohio Edison Company, and Pennsylvania Power Company 
Perry Nuclear Power Plant, Unit No. 1; Notice of Consideration of 
Approval of Application Regarding Proposed Corporate Restructuring

[Docket No. 50-440]
    Notice is hereby given that the U.S. Nuclear Regulatory Commission 
(the Commission) is considering approval, by issuance of an order under 
10 CFR 50.80, of an application concerning a proposed merger between 
DQE, Inc. and Allegheny Power System, Inc. (Allegheny Power). DQE, Inc. 
is the parent holding company of Duquesne Light Company (Duquesne 
Light). Duquesne Light, The Cleveland Electric Illuminating Company 
(CEI), The Toledo Edison Company, Centerior Service Company (CSC), OES 
Nuclear, Inc., Ohio Edison Company, and Pennsylvania Power Company are 
holders of Facility Operating License No. NPF-58, dated November 13, 
1986. Facility Operating License No. NPF-58 authorizes the holders to 
possess the Perry Nuclear Power Plant, Unit No. 1 (PNPP), and 
authorizes CEI and CSC to use and operate PNPP in accordance with the 
conditions and requirements set forth in the operating license. By 
letter dated August 1, 1997, the Commission was informed that DQE, Inc. 
and Allegheny Power have entered into a merger agreement which will 
result in DQE, Inc. becoming a wholly-owned subsidiary of Allegheny 
Power, and thus the indirect transfer of control of the interest held 
by Duquesne Light in the Perry operating license to Allegheny Power, 
which will be renamed Allegheny Energy, Inc. (Allegheny Energy).
    According to the application, the merger will have no adverse 
effect on either the technical management or operation of PNPP since 
CEI and CSC, responsible for the operation and maintenance of PNPP, are 
not involved in the merger. The Toledo Edison Company, Ohio Edison 
Company, OES Nuclear, Inc., CEI, CSC, and Pennsylvania Power Company 
will remain licensees responsible for their possessory interests and 
related obligations. No direct transfer of the license will result from 
the merger.
    Pursuant to 10 CFR 50.80, the Commission may consent to the 
transfer of control of a license after notice to interested persons. 
Such consent is contingent upon the Commission's determination that the 
holder of the license following the transfer is qualified to hold the 
license and that the transfer is otherwise consistent with applicable 
provisions of law, regulations, and orders of the Commission.
    For further details with respect to this proposed action, see the 
application from Duquesne Light dated August 1, 1997. The August 1, 
1997, application is available for public inspection at the 
Commission's Public Document Room, the Gelman Building, 2120 L Street, 
NW., Washington, DC 20555, and at the local public document room 
located at the Perry Public Library, 3753 Main Street, Perry, Ohio 
44081.


[[Page 54656]]


    Dated at Rockville, Maryland, this 10th day of October 1997.

    For the Nuclear Regulatory Commission.
Douglas V. Pickett,
Senior Project Manager, Project Directorate III-3, Division of Reactor 
Projects III/IV, Office of Nuclear Reactor Regulation.
[FR Doc. 97-27876 Filed 10-20-97; 8:45 am]
BILLING CODE 7590-01-P