PPA Transaction Conditions

Attached is language which can be included in transactions involving power
trades (physical or financial) which provides for the following:

1. Alberta market opening condition in favour of Enron Canada for January 1,
2001; and
2. after market opening, provision for suspension of obligations in case
there is a legislative or regulatory event affecting the Sundance "B" PPA
which materially adversely impacts our ability to dispatch or sell the power
of the Sundance "B" PPA.

There is, of course, some risk that counterparties will want these provisions
to be bi-lateral, which could introduce the ability for the counterparty to
use these concepts to avoid the transaction if, for example, the market moves
against them.

Regards,
Peter