<ARTICLE> UT
<CIK> 0000050172
<NAME> INDIANA MICHIGAN POWER COMPANY
<MULTIPLIER> 1,000
       
                                        
<PERIOD-TYPE>                              3-MOS
<FISCAL-YEAR-END>                          DEC-31-1997
<PERIOD-END>                               MAR-31-1998
<BOOK-VALUE>                                  PER-BOOK
<TOTAL-NET-UTILITY-PLANT>                    2,528,957
<OTHER-PROPERTY-AND-INVEST>                    768,344
<TOTAL-CURRENT-ASSETS>                         286,755
<TOTAL-DEFERRED-CHARGES>                        43,265
<OTHER-ASSETS>                                 411,042
<TOTAL-ASSETS>                               4,038,363
<COMMON>                                        56,584
<CAPITAL-SURPLUS-PAID-IN>                      732,506
<RETAINED-EARNINGS>                            281,975
<TOTAL-COMMON-STOCKHOLDERS-EQ>               1,071,065
<PREFERRED-MANDATORY>                           68,445
<PREFERRED>                                      9,435
<LONG-TERM-DEBT-NET>                         1,017,419
<SHORT-TERM-NOTES>                              33,050 
<LONG-TERM-NOTES-PAYABLE>                            0
<COMMERCIAL-PAPER-OBLIGATIONS>                  77,425 
<LONG-TERM-DEBT-CURRENT-PORT>                   35,000
<PREFERRED-STOCK-CURRENT>                            0
<CAPITAL-LEASE-OBLIGATIONS>                    170,468
<LEASES-CURRENT>                                33,497
<OTHER-ITEMS-CAPITAL-AND-LIAB>               1,522,559
<TOT-CAPITALIZATION-AND-LIAB>                4,038,363
<GROSS-OPERATING-REVENUE>                      456,415
<INCOME-TAX-EXPENSE>                            18,330
<OTHER-OPERATING-EXPENSES>                     386,717
<TOTAL-OPERATING-EXPENSES>                     405,047
<OPERATING-INCOME-LOSS>                         51,368
<OTHER-INCOME-NET>                                (990)
<INCOME-BEFORE-INTEREST-EXPEN>                  50,378
<TOTAL-INTEREST-EXPENSE>                        16,634
<NET-INCOME>                                    33,744
<PREFERRED-STOCK-DIVIDENDS>                      1,217
<EARNINGS-AVAILABLE-FOR-COMM>                   32,527
<COMMON-STOCK-DIVIDENDS>                        29,366
<TOTAL-INTEREST-ON-BONDS>                        9,560
<CASH-FLOW-OPERATIONS>                          70,021
<EPS-PRIMARY>                                        0<F1>
<EPS-DILUTED>                                        0<F1>
<FN>
<F1> All common stock owned by parent company; no EPS required.
</FN>