File No.
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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
CENTRAL ELECTRICITY SUPPLY COMPANY OF ORISSA LIMITED (CESCO)
(Name of foreign utility company)
THE AES CORPORATION
1001 N. 19th Street
Suite 2000
Arlington, Virginia 22209
(Name of filing company, if filed on behalf of foreign utility company)
The Commission is requested to mail copies of all correspondence
relating to this Notification to:
William R. Luraschi, Esq.
The AES Corporation
1001 N. 19th Street
Suite 2000
Arlington, Virginia 22209
Lynn N. Hargis, Esq.
Chadbourne & Parke LLP
1200 New Hampshire Avenue, N.W.
Suite 300
Washington, D.C. 20036
ITEM 1
Foreign utility status is claimed by Central Electricity Supply Company
of Orissa Limited ("CESCO"), located in the State of Orissa, India. The business
address of CESCO is: 18 Forest Park, Bhubaneshwar, Orissa - 751009.
CESCO owns and operates the business of electricity distribution in the
areas of Bhubaneshwar, Puri, Dhenkanal and Paradeep in the State of Orissa,
India. CESCO has applied for and obtained a Distribution and Retail Supply
License, Orissa Distribution and Retail Supply License (No. 1/99) pursuant to
Section 15 of the Act from the Regulator to undertake the business of
distribution and retail supply as licensee in the Central Zone.
The Grid Corporation of Orissa Limited ("GRIDCO"), a state government
- -owned utility, is the owner of 49% of the equity of CESCO. AES Orissa
Distribution Private Limited, a company incorporated under the Companies Act,
1956 (of India) and having its registered office at A-5, Forest Park,
Bhubaneshwar, Orissa - 751009 ("JVCo") owns 51% of the equity. JVCo is owned 95%
by The AES Corporation, a Delaware limited liability company and 5% by Jyoti
Structures Limited, a company incorporated under the Companies Act, 1956 (of
India) and having its registered office at "Keshava", 7th Floor, Bandra Kurla
Comples, Bandra (E) Mumbai - 400051.
The AES Corporation is a Delaware corporation.
ITEM 2
CESCO has no domestic associate public utility companies. 1<F1>
[FN]
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1 The Commission issued an order on August 20, 1999, granting the AES
Corporation a Section 3(a)(5) exemption from PUHCA if it indirectly acquires
CILCO, a domestic public utility company. However, that acquisition has not yet
occurred.
</FN>
<PAGE>
No state commission certification is required under Section 33(a)(2) of
the Act in connection with this transaction.
Signature
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
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William R. Luraschi
General Counsel
The AES Corporation
1001 N. 19th Street
Suite 2000
Arlington, Virginia 22209
(703) 522-1315
Dated: September 2, 1999
