AES CORPORATION
U-57, 1998-12-07
COGENERATION SERVICES & SMALL POWER PRODUCERS
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File No.
       ------------------

                       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

                                 AES MT. STUART
                        (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  AES  Mt  Stuart,  a  General
Partnership between AES Mt Stuart BV and AES Australia Holding BV and having its
registered office at Level 8, 10 Felix St., Brisbane QLD 4000, Australia. AES Mt
Stuart is managing  the  construction  and will  operate and maintain a 2x144 MW
kerosene-fired,   gas  turbine  power  station  and  associated  interconnection
facilities.  This station is located in Townsville,  Queensland,  Australia. The
project is currently under  construction and is expected to commence  commercial
operation in January 1999.

         AES Mt Stuart is owned  100% by  wholly-owned  subsidiaries  of The AES
Corporation.  AES Mt  Stuart BV (ARBN 079 232 572)  incorporated  in  Amsterdam,
Holland owns 1% and AES Australia  Holding BV (ARBN 079 234 165) incorporated in
Amsterdam,  Holland  owns 99% of AES Mt Stuart.  Both BVs have their  registered
offices in Australia at Level 8, 10 Felix St., Brisbane QLD 4000.

ITEM 2

         AES Mt Stuart  has no  domestic  associate  public  utility  companies.
Additionally,  no state  commission  certification  is  required  under  Section
33(a)(2) of the Act in connection with this filing.

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 :
                                      ----------------------
                                         William R. Luraschi
                                         General Counsel
                                         The AES Corporation
                                         1001 N. 19th Street
                                         Arlington, Virginia 22209
                                         (703) 522-1315


Dated :     December 7, 1998



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