AES CORPORATION
U-57, 1998-12-28
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

                              JSC Telasi ("Telasi")
                        (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 Telasi,  a joint  stock  company
organized  under the laws of the  country of Georgia  and having its  registered
office  at 3 Vani  Street,  Tbilisi,  Georgia.  Telasi  owns  and  operates  the
electrical  distribution  facilities  that serve  Tbilisi,  the capital  city of
Georgia. Telasi does not participate in the actual generation of electricity.

         The AES Corporation,  through certain of its wholly owned  subsidiaries
is an  indirect  owner of 75% of Telasi,  while the  remaining  25%  interest in
Telasi is owned by the Government of Georgia.

Item 2

         Telasi does not have any 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 22, 1998
    



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