Tennessee Valley Authority

TENNESSEE VALLEY AUTHORITY

400 West Summit Hill Drive, Knoxville, TN 37902

Phone, 423-632-2101

One Massachusetts Avenue NW., Washington, DC 20444-0001

Phone, 202-898-2999

Chairman Craven Crowell

Directors (2 vacancies)

Senior Vice President, Communications Steven N. Bender

President and Chief Operating Officer Oswald J. (Ike) Zeringue

Chief Nuclear Officer John A. Scalice

Chief Financial Officer David N. Smith

Chief Administrative Officer Norman A. Zigrossi

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The Tennessee Valley Authority conducts a unified program of resource development for the advancement of economic growth in the Tennessee Valley region. The Authority's program of activities includes flood control, navigation, electric power production, recreation improvement, and forestry and wildlife development.

The Tennessee Valley Authority (TVA) is a wholly owned Government corporation created by act of May 18, 1933 (16 U.S.C. 831-831dd). All functions of the Authority are vested in its three-member Board of Directors, the members of which are appointed by the President with the advice and consent of the Senate. The President designates one member as Chairman.

TVA's electric power program is financially self-supporting and operates as part of an independent system with TVA's system of dams on the Tennessee River and its larger tributaries. These dams provide flood regulation on the Tennessee and contribute to regulation of the lower Ohio and Mississippi Rivers. The system maintains a continuous 9-foot-

draft navigation channel for the length of the 650-mile Tennessee River

main stream, from Paducah, KY, to Knoxville, TN. The dams harness the power of the rivers to produce electricity. They also provide other benefits, notably outdoor recreation.

The Authority operates the river control system and provides assistance to State and local governments in reducing local flood problems. It also works with other agencies to encourage full and effective use of the navigable waterway by industry and commerce.

The Authority is the wholesale power supplier for 159 local municipal and cooperative electric systems serving customers in parts of

7 States. It supplies power to several Federal installations and 64 large companies whose power requirements are large or unusual. Power to meet these demands is supplied from dams, coal-fired powerplants, nuclear powerplants, combustion turbine installations, and a pumped-

storage...