File No. _________________
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.
FORM U-57
NOTIFICATION OF FOREIGN UTILITY COMPANY STATUS
Filed under section 33(a) of the
Public Utility Holding Company Act of 1935, as amended
YANGCHENG INTERNATIONAL POWER GENERATING COMPANY LIMITED
(Name of foreign utility company)
THE AES CORPORATION
(Name of filing company, if filed on behalf of a foreign utility company)
ITEM 1
Foreign utility status is claimed by Yangcheng International Power
Generating Company Limited ("Yangcheng International Power") located in Shanxi
Province, the People's Republic of China ("PRC"). Yangcheng International Power
is the owner and operator of a 6 x 350 MW, coal-fired power plant under
construction near Yangcheng, Shanxi Province, PRC. The first unit of this
facility is scheduled to be in operation in the second quarter of 2000 and the
last unit is scheduled to be in operation by the second quarter of 2002.
Yangcheng International Power is a 20-year, sino-foreign cooperative
joint venture enterprise formed among AES China Corp., a wholly owned subsidiary
of AES China Generating Co. Ltd. ("AES Chigen"), North China Electric Power
Group Corporation ("North China Power"), Jiangsu Province Investment Corporation
("Jiangsu Investment"), Shanxi Energy Enterprises (Group) Company ("Shanxi
Energy"), Shanxi Provincial Power Company ("Shanxi Power") and Jiangsu
Provincial Power Company ("Jiangsu Power"). Each party's respective ownership
interest in Yangcheng International Power is as follows: (i) AES China Corp.,
25%, (ii) North China Power, 25%, (iii) Jiangsu Investment, 20%, (iv) Shanxi
Energy, 16%, (v) Shanxi Power, 10% and (vi) Jiangsu Power, 4%. Effective on May
8, 1997, the AES Corporation owns 100% of AES Chigen's outstanding voting
shares.
ITEM 2
Not Applicable.
EXHIBIT A
Not Applicable.
The undersigned company has duly caused this statement to be signed on
its behalf by the undersigned thereunto duly authorized.
By : /s/ William R. Luraschi
---------------------------
William R. Luraschi
General Counsel
The AES Corporation
1001 N. 19th Street
Arlington, Virginia 22209
(703) 522-1315
Dated : November 24, 1997
