Exhibit 5.2


                     LeBoeuf, Lamb, Greene & MacRae, L.L.P.
                              125 West 55th Street
                            New York, New York 10019








                                           May 17, 2001



IDACORP, Inc.
1221 West Idaho Street
Boise, Idaho  83702-5627

Ladies and Gentlemen:

     We have acted as counsel to IDACORP, Inc., an Idaho corporation (the
"Company"), in connection with the preparation and filing of a Registration
Statement on Form S-4, which the Company filed on March 22, 2001 under the
Securities Act of 1933, as amended (the "Act"), as it is proposed to be amended
by Amendment No. 1 thereto, which the Company expects to file on or shortly
after the date hereof (the "Registration Statement").


     The Registration Statement relates to 350,000 shares of the Company's
Common Stock, without par value, (the "Stock"), and the Preferred Share Purchase
Rights attached thereto (the "Rights")(the Stock and the Rights collectively
referred to as the "Shares"), which Shares have been repurchased by the Company
and held as treasury stock, and which Shares will be offered for exchange to
shareholders of RMC Holdings, Inc. pursuant to the Company's Offer to Exchange
Shares of Common Stock of IDACORP, Inc. for up to 3,594,108 Outstanding Shares
of Common Stock of RMC Holdings, Inc. (the "Share Exchange").


     For purposes of this opinion, we have examined originals or copies,
certified or otherwise identified to our satisfaction, of (i) the Acquisition
Agreement by and between IDACORP, Inc. and RMC Holdings, Inc., dated as of
August 1, 2000, as amended; (ii) the Key Shareholders Exchange Agreement among
IDACORP, Inc., Certain Persons Listed on Annex A and RMC Holdings, Inc., dated
as of August 1, 2000, as amended; (iii) the Purchase and Sale Agreement by and
between RMC Holdings, Inc. and Certain Shareholders of RMC Holdings, Inc., dated
as of August 1, 2000; (iv) the Rights Agreement, dated as of September 10, 1998
between the Company and The Bank of New York, as Rights Agent (the "Rights
Agreement"); (v) the Articles of Incorporation, as amended, and Amended Bylaws
of the Company, as in effect on thedate hereof; (vi) resolutions adopted by the
Board of Directors of the Company relating to the Share Exchange, the
Registration Statement and the Rights Agreement; and (vii) such other documents,
certificates and records as we have deemed necessary or appropriate. In such
examination we have assumed the genuineness of all signatures, the authenticity
of all documents submitted to us as originals, the conformity to the original
documents of all documents submitted to us as copies and the authenticity of the
originals of such latter documents. As to any facts material to our opinion, we
have, when relevant facts were not independently established, relied upon the
aforesaid agreements, instruments, records, certificates and documents. We have
also assumed the regularity of all corporate procedures.

     Based upon the foregoing, and subject to the qualifications herein
expressed, we are of the opinion that the Stock of IDACORP, Inc. deliverable in
connection with the Share Exchange has been legally issued, and is fully paid
and non- assessable and the Rights are legally issued.

     The matters relating to the Shares are governed by the law of the State of
Idaho. In regard to the Rights, we note that Section 30-1610 of the Idaho
Control Share Acquisition Law and Section 30-1706 of the Idaho Business
Combination Law each provides that nothing contained in the Idaho Control Share
Acquisition Law (Sections 30-1601 through 30-1614) or the Idaho Business
Combination Law (Sections 30-1701 through 30-1710), respectively, is intended to
limit the corporate powers or authority of an "issuing public corporation" (as
defined in such statutes), such as the Company, to take actions "which the
directors may appropriately determine to be in furtherance of the protection of
the interests of the corporation and its shareholders, including without
limitation the authority to . . . enter into . . . arrangements", such as the
Rights Agreement, that "deny rights . . . to the holder or holders of at least a
specified number of shares or percentage of share ownership or voting power in
certain circumstances."

     Because we are not aware of any court decision applying the law of the
State of Idaho that addresses the effect of these statutory provisions or the
validity of plans similar to the Rights Agreement, it is difficult to predict
how a court applying the law of the State of Idaho would rule with respect to
the issues relating to the Rights. Nevertheless, we are able to advise you of
our opinion as expressed herein, which reflects our professional conclusion
concerning how a court applying the law of the State of Idaho (including, but
not limited to, Section 30- 1610 of the Idaho Control Share Acquisition Law and
Section 30- 1706 of the Idaho Business Combination Law) likely would rule.
Although we are not admitted to practice in the State of Idaho, we have
conferred with Robert W. Stahman, Esq., Vice President, General Counsel and
Secretary of the Company, for purposes of rendering this opinion. General
Counsel and we have concluded that a court applying the law of the State of
Idaho, when presented with novel questions concerning takeover matters, such as
the effect of the statutory provisions cited above and the adoption by the
Company of the Rights Agreement, most likely would apply the corporate law of
the State of Delaware, the most fully developed body of corporate law in the
United States. Accordingly, in rendering our opinion, we have assumed that
Delaware corporate law, as expressed in court decisions applying that law, with
which we are familiar, provides an indication of what standards a court would
apply if it were required to apply the law of the State of Idaho considering the
matters relating to the Rights.

     With respect to this opinion, we do not hold ourselves out as experts on
the laws of any state other than the State of New York. Our opinions expressed
above are limited to the laws of the State of New York, the General Corporation
Law of the State of Delaware and the applicable provisions of the Constitution
of the State of Delaware and the reported judicial decisions interpreting the
Delaware laws, and the federal laws of the United States. Insofar as this
opinion involves matters of the law of the State of Idaho, we have relied upon
an opinion of even date herewith addressed to you by Robert W. Stahman, Vice
President, General Counsel and Secretary of the Company.

     We hereby consent to the filing of this opinion as an exhibit to the
Registration Statement and to the references to us under the caption "Legal
Opinions" in said Registration Statement and any amendments thereto, and in the
Prospectus constituting a part thereof.


                                    Very truly yours,


                                    /s/ LeBoeuf, Lamb, Greene & MacRae, L.L.P.