PPL Corp. third-quarter profits jump 33 percent

Net profits were a record $136 million, up from $102 million in the year-earlier 1999 quarter. Revenues increased 5.2 percent to $1.46 billion from $1.39 billion.

NEWARK, N.J., Oct. 31, 2000—To fulfill its strategic expansion across the nation, PSEG Power has penned an agreement with GE Power Systems for 30 gas and steam turbines.

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