SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549


                                    FORM 8-K

                                 CURRENT REPORT

                     PURSUANT TO SECTION 13 OR 15(d) OF THE
                         SECURITIES EXCHANGE ACT OF 1934


                          Date of Report: June 24, 1999
                        (Date of earliest event reported)



 Commission        Registrant; State of Incorporation;          I.R.S. Employer
 File Number          Address; and Telephone Number           Identification No.


   1-3525     AMERICAN ELECTRIC POWER COMPANY, INC.
              (A New York Corporation)
              1 Riverside Plaza                              13-4922640
              Columbus, Ohio 43215
              Telephone (614) 223-1000

   1-3570     INDIANA MICHIGAN POWER COMPANY
              (An Indiana Corporation)                       35-0410455
              One Summit Square
              P.O. Box 60
              Fort Wayne, Indiana 46801
              Telephone (219) 425-2111


      This Current Report on Form 8-K includes forward-looking statements within
the  meaning  of  Section  21E of the  Securities  Exchange  Act of 1934.  These
forward-looking  statements reflect  assumptions,  and involve a number of risks
and  uncertainties.  Among the factors that could cause actual results to differ
materially from forward-looking statements are:

       Timing and nature of actions by the  Nuclear  Regulatory  Commission  and
       other regulatory entities.

       Rate-setting policies or procedures of regulatory entities.

       Unforeseen additional modifications required for the Cook Plant.

       Other risks and unforeseen events.


Item 5.  Other Events.

      As  discussed  in the  Notes  to  Consolidated  Financial  Statements  and
Management's  Discussion  and Analysis of Results of  Operations  and  Financial
Condition in the 1998 Annual Report, management shut down both units of the Cook
Nuclear Plant in September  1997 due to questions,  which arose during a Nuclear
Regulatory  Commission  architect  engineer  design  inspection,  regarding  the
operability of certain safety systems.

      On June 24,  1999,  the Boards of  Directors  of American  Electric  Power
Company, Inc. and Indiana Michigan Power Company both approved a plan to restart
the Cook Plant.  Unit 2 is scheduled to return to service in April 2000 and Unit
1  is  to  return  to  service  in  September  2000.  This  approval  follows  a
comprehensive  systems  readiness  review of all  operating  systems at the Cook
Plant.  Expenditures  associated with the restart will total  approximately $574
million,  of which $192 million has been spent.   These costs will be accounted
for primarily as expenses in 1999 and 2000.

      Management  intends to replace the steam  generator for Unit 1 before this
unit  is  returned  to  service.  Costs  associated  with  the  steam  generator
replacement  are  estimated  to be  approximately  $165  million,  which will be
accounted for as a capital  investment  unrelated to the restart.  To date,  $68
million has been spent on the steam generator replacement.



                                    SIGNATURE

            Pursuant to the requirements of the Securities Exchange Act of 1934,
each  Registrant  has duly  caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.

                              AMERICAN ELECTRIC POWER COMPANY, INC.
                              Registrant

                              INDIANA MICHIGAN POWER COMPANY
                              Registrant

                              By:      /s/ Armando A. Pena
                                        Armando A. Pena
                                  Treasurer of each Registrant

June 24, 1999