UNITED STATES

                       SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549

                                    FORM 8-K

                                 CURRENT REPORT

                     PURSUANT TO SECTION 13 OR 15(d) OF THE

                         SECURITES EXCHANGE ACT OF 1934


Date of Report (Date of earliest events reported) January 23, 2001
                                                  ------------------
                                                  January 23, 2001
                                                  ------------------


                      PUBLIC SERVICE COMPANY OF NEW MEXICO
             (Exact name of registrant as specified in its charter)


         New Mexico                                          85-0019030
 ---------------------------     Commission              ----------------------
(State or Other Jurisdiction     File Number 1-6986        (I.R.S. Employer
     of Incorporation)                       ------      Identification) Number)



  Alvarado Square, Albuquerque, New Mexico                      87158
  ----------------------------------------                      -----
  (Address of principal executive offices)                    (Zip Code)



                                 (505) 241-2700
                                 --------------
              (Registrant's telephone number, including area code)


                         ------------------------------
              (Former name, former address and former fiscal year,
                         if changed since last report)






Item 9.    Regulation FD Disclosure

The  following  is  the  Company`s   announcement  of  its  scheduled  telephone
conference  call that will also be broadcast live over the Internet on Thursday,
January 25, 2001,  to discuss the  company's  year-end  earnings  results and is
being filed herewith as a Regulation FD disclosure.


                            TELECONFERENCE SCHEDULED


PNM will be hosting a telephone conference call that will be broadcast live over
the Internet on Thursday,  January 25, 2001, to discuss the  company's  year-end
earnings results. Analysts and investors may access the call as follows:

WHAT:    PNM's Year-End 2000 Earnings Results

WHEN:    Thursday, January 25, 2001
                  9:00 AM (ET)

HOW:              Call 1-800-388-8975 after 8:45 AM (ET)

                  -or-

                  Live over the Internet - Access the link on PNM's home page at
                  www.pnm.com

If you are unable to participate in the live telephone conference call, the call
will be archived and rebroadcast through January 26, 2001, at 5:00 PM (ET). Call
1-800-428-6051, identification number 156101. A copy of the transcript will also
be available on PNM's web site at www.pnm.com as soon as it is available.


                                       2



SIGNATURES

Pursuant  to the  requirements  of the  Securities  Exchange  Act of  1934,  the
registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned thereunto duly authorized.
                                       PUBLIC SERVICE COMPANY OF NEW MEXICO
                                                    (Registrant)


Date:  January 23, 2001                          /s/ John R. Loyack
                                         ------------------------------------
                                                    John R. Loyack
                                         Vice President, Corporate Controller
                                             and Chief Accounting Officer
                                              (Officer duly authorized
                                                to sign this report)