File No. _________________

                                 UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION

                                Washington, D.C.

                                    FORM U-57

                 NOTIFICATION OF FOREIGN UTILITY COMPANY STATUS

                        Filed under section 33(a) of the

             Public Utility Holding Company Act of 1935, as amended

            YANGCHENG INTERNATIONAL POWER GENERATING COMPANY LIMITED
                        (Name of foreign utility company)

                               THE AES CORPORATION
    (Name of filing company, if filed on behalf of a foreign utility company)


ITEM 1

         Foreign  utility  status is claimed by  Yangcheng  International  Power
Generating Company Limited ("Yangcheng  International  Power") located in Shanxi
Province, the People's Republic of China ("PRC").  Yangcheng International Power
is the  owner  and  operator  of a 6 x 350  MW,  coal-fired  power  plant  under
construction  near  Yangcheng,  Shanxi  Province,  PRC.  The first  unit of this
facility is scheduled  to be in operation in the second  quarter of 2000 and the
last unit is scheduled to be in operation by the second quarter of 2002.

         Yangcheng  International Power is a 20-year,  sino-foreign  cooperative
joint venture enterprise formed among AES China Corp., a wholly owned subsidiary
of AES China  Generating  Co. Ltd.  ("AES  Chigen"),  North China Electric Power
Group Corporation ("North China Power"), Jiangsu Province Investment Corporation
("Jiangsu  Investment"),  Shanxi Energy  Enterprises  (Group)  Company  ("Shanxi
Energy"),   Shanxi   Provincial  Power  Company  ("Shanxi  Power")  and  Jiangsu
Provincial Power Company ("Jiangsu Power").  Each party's  respective  ownership
interest in Yangcheng  International  Power is as follows:  (i) AES China Corp.,
25%, (ii) North China Power,  25%,  (iii) Jiangsu  Investment,  20%, (iv) Shanxi
Energy,  16%, (v) Shanxi Power, 10% and (vi) Jiangsu Power, 4%. Effective on May
8,  1997,  the AES  Corporation  owns 100% of AES  Chigen's  outstanding  voting
shares.

ITEM 2

         Not Applicable.

EXHIBIT A

         Not Applicable.

         The undersigned  company has duly caused this statement to be signed on
its behalf by the undersigned thereunto duly authorized.



                    By :   /s/ William R. Luraschi
                           ---------------------------
                           William R. Luraschi
                           General Counsel
                           The AES Corporation
                           1001 N. 19th Street
                           Arlington, Virginia 22209
                           (703) 522-1315

Dated :     November 24, 1997