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 (Date of earliest event reported) June 4, 1997


                       Registrant; State of Incorporation; IRS Employer
COMMISSION FILE NUMBER ADDRESS; AND TELEPHONE NUMBER       IDENTIFICATION NO.

1-5532                 PORTLAND GENERAL CORPORATION        93-0909442
                       (an Oregon Corporation)
                       121 SW Salmon Street
                       Portland, Oregon 97204
                       (503) 464-8820


1-5532-99              PORTLAND GENERAL ELECTRIC COMPANY   93-0256820
                       (an Oregon Corporation)
                       121 SW Salmon Street
                       Portland, Oregon 97204
                       (503) 464-8000



                     121 S.W. SALMON STREET, PORTLAND, OREGON            97204

                      (Address of principal executive offices)         (zip
code)

               Registrant's telephone number, including area code 503-464-8820






ITEM 5.              OTHER EVENTS

OPUC  APPROVES  MERGER  -  Enron Corp. (Enron) and Portland General Corporation
(PGC) have received approval  for their merger in a final order from the Oregon
Public Utility Commission. The  two  companies have now received all regulatory
approvals  required  for the merger. A PGC  shareholder  vote  to  approve  the
Amended and Restated Agreement  and  Plan  of Merger by and between PGC, Enron,
and Enron Oregon Corp., dated as of July 20,  1996,  amended and restated as of
September 24, 1996 and further amended and restated as  of  April  14,  1997 is
scheduled  for  June  24,  1997.  Upon  PGC shareholder approval, the merger is
expected to close shortly after the vote.

For further background information regarding  the  proposed  merger see the PGE
and PGC report on Form 10-K for the year ended December 31, 1996,  report  10-Q
for  the  quarter  ended March 31, 1997 and reports on Form 8-K dated March 12,
1997 and April 11, 1997.



                                Signatures


Pursuant to the requirements  of  the  Securities  Exchange  Act  of  1934, the
registrants  have  duly caused this report to be signed on their behalf by  the
undersigned hereunto duly authorized.


                       Portland General Corporation
                       Portland General Electric Company


June 5, 1997           By                /S/        JOSEPH       E.       FELTZ

                                          Joseph E. Feltz
                                       Assistant Controller
                                       Assistant Treasurer