Sithe Power Marketing, Inc.; Notice of Issuance of Order

[Federal Register Volume 62, Number 244 (Friday, December 19, 1997)]
[Notices]
[Page 66621]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 97-33156]


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DEPARTMENT OF ENERGY

Federal Energy Regulatory Commission
[Docket No. ER98-107-000]


Sithe Power Marketing, Inc.; Notice of Issuance of Order

December 15, 1997.
    Sithe Power Marketing, Inc. (Sithe) submitted for filing a rate 
schedule under which Sithe will engage in wholesale electric power and 
energy transactions as a marketer. Sithe also requested waiver of 
various Commission regulations. In particular, Sithe requested that the 
Commission grant blanket approval under 18 CFR Part 34 of all future 
issuances of securities and assumptions of liability by Sithe.
    On December 4, 1997, pursuant to delegated authority, the Director, 
Division of Rate 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 Sithe 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, Sithe 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 purpose 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 Sithe'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 January 5, 1998. 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. 97-33156 Filed 12-18-97; 8:45 am]
BILLING CODE 6717-01-M