[Federal Register Volume 61, Number 86 (Thursday, May 2, 1996)]
[Notices]
[Pages 19616-19617]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 96-10876]
-----------------------------------------------------------------------
DEPARTMENT OF ENERGY
[Docket No. ER96-1283-000]
Btu Power, Inc.; Notice of Issuance of Order
April 26, 1996.
On February 23, 1996, as amended March 21, 1996, Btu Power, Inc.
(Btu Power) submitted for filing a rate schedule under which Btu Power
will engage in wholesale electric power and energy transactions as a
marketer. Btu Power also requested waiver of various Commission
regulations. In particular, Btu Power requested that the
[[Page 19617]]
Commission grant blanket approval under 18 CFR Part 34 of all future
issuances of securities and assumptions of liability by Btu Power.
On April 24, 1996, 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 Btu Power 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, Btu Power 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 Btu 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 May 24, 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.
Linwood A. Watson, Jr.,
Acting Secretary.
[FR Doc. 96-10876 Filed 5-1-96; 8:45 am]
BILLING CODE 6717-01-M
