[Federal Register Volume 60, Number 12 (Thursday, January 19, 1995)]
[Notices]
[Page 3859]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 95-1300]
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DEPARTMENT OF ENERGY
[Docket No. ER95-192-000]
National Power Management Company; Notice of Issuance of Order
January 13, 1995.
On November 15, 1994, National Power Management Company (NPMC)
submitted for filing a rate schedule under which NPMC will engage in
wholesale electric power and energy transactions as a marketer. NPMC
also requested waiver of various Commission regulations. In particular,
NPMC requested that the Commission grant blanket approval under 18 CFR
Part 34 of all future issuances of securities and assumptions of
liability by NPMC.
On January 4, 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 NPMC should file a motion to intervene
or protest with the Federal Energy Regulatory Commission, 825 North
Capitol Street, NE., Washington, DC 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, NPMC 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 public nor private interests will be adversely affected by
continued approval of NPMC'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 3, 1995.
Copies of the full text of the order are available from the
Commission's Public Reference Branch, Room 3308, 941 North Capitol
Street, NE., Washington, DC 20426.
Lois D. Cashell,
Secretary.
[FR Doc. 95-1300 Filed 1-18-95; 8:45 am]
BILLING CODE 6717-01-M
