[Federal Register Volume 62, Number 177 (Friday, September 12, 1997)]
[Notices]
[Page 48113]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 97-24218]


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NUCLEAR REGULATORY COMMISSION


The Cleveland Electric Illuminating Company, the Toledo Edison 
Company, Duquesne Light Company, Ohio Edison Company, and Pennsylvania 
Power Company, Beaver Valley Power Station, Unit Nos. 1 and 2; Notice 
of Consideration of Approval of Application Regarding Proposed 
Corporate Restructuring

    Notice is hereby given that the United States Nuclear Regulatory 
Commission (the Commission) is considering approval by issuance of an 
order under 10 CFR 50.80 of an application concerning a proposed merger 
between DQE, Inc. and Allegheny Power System, Inc. (Allegheny Power). 
DQE, Inc. is the parent holding company of Duquesne Light Company 
(DLC), which holds licenses to possess interests in and to use and 
operate Beaver Valley Power Station, Unit Nos. 1 and 2 (BVPS-1 and 
BVPS-2). The Cleveland Electric Illuminating Company, The Toledo Edison 
Company, and Ohio Edison Company and its subsidiary Pennsylvania Power 
Company also hold licenses to possess interests in the Beaver Valley 
Power Station, but are not involved in the proposed merger. By letter 
dated August 1, 1997, the Commission was informed that DQE, Inc., and 
Allegheny Power have entered into a merger agreement in which DQE, 
Inc., will become a wholly owned subsidiary of Allegheny Power. 
Allegheny Power will be renamed Allegheny Energy, Inc.
    According to the application, the merger will have no effect on the 
operation of BVPS-1 and BVPS-2, or the provisions of their operating 
licenses. The Cleveland Electric Illuminating Company, The Toledo 
Edison Company, Ohio Edison Company, and Pennsylvania Power Company 
will remain licensees responsible for their possessory interests and 
related obligations. DLC will continue to operate BVPS-1 and BVPS-2 
after the merger, as required by the operating license. No direct 
transfer of the license will result from the merger.
    Pursuant to 10 CFR 50.80, the Commission may consent to the 
transfer of control of a license after notice to interested persons. 
Such consent is contingent upon the Commission's determination that the 
holder of the license following the transfer is qualified to hold the 
license and that the transfer is otherwise consistent with applicable 
provisions of law, regulations, and orders of the Commission.
    For further details with respect to this proposed action, see the 
application from DLC dated August 1, 1997. The August 1, 1997, 
application is available for public inspection at the Commission's 
Public Document Room, the Gelman Building, 2120 L Street, NW, 
Washington, DC 20555, and at the local public document room located at 
the B.F. Jones Memorial Library, 663 Franklin Avenue, Aliquippa, PA 
15001.

    Dated at Rockville, Maryland, this 4th day of September 1997.

    For the Nuclear Regulatory Commission.
Donald S. Brinkman,
Senior Project Manager, Project Directorate I-2, Division of Reactor 
Projects--I/II, Office of Nuclear Reactor Regulation.
[FR Doc. 97-24218 Filed 9-11-97; 8:45 am]
BILLING CODE 7590-01-P