UNITED STATES SECURITIES AND EXCHANGE COMMISSION
                    Washington, D. C.  20549

                           FORM 10-Q/A


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

               For the quarterly period ended September 30, 1994

                               OR

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

             For the transition period from     to




                 Commission File Number: 1-8847

                     TNP ENTERPRISES, INC.
     (Exact name of registrant as specified in its charter)
       Texas                                     75-1907501
State of Incorporation              I.R.S. Employer Identification Number

4100 International Plaza, P. O. Box 2943, Fort Worth, Texas 76113
     (Address of Registrant's Principal Executive Offices)
                 Telephone Number: 817-731-0099
                                


                Commission File Number: 2-97230

                 TEXAS-NEW MEXICO POWER COMPANY
     (Exact name of registrant as specified in its charter)

     Texas                                      75-0204070
State of Incorporation                I.R.S. Employer Identification Number

4100 International Plaza, P. O. Box 2943, Fort Worth, Texas 76113
     (Address of Registrant's Principal Executive Offices)
                 Telephone Number: 817-731-0099


Indicate by check mark whether the registrants (1) have filed all
reports  required  to be filed by Section  13  or  15(d)  of  the
Securities  Exchange Act of 1934 during the preceding  12  months
(or  for such shorter period that the registrant was required  to
file  such  reports), and (2) have been subject  to  such  filing
requirements for the past 90 days.
                         Yes  X  No

As  of  October  31, 1994, TNP Enterprises, Inc. had  outstanding
10,811,585  shares of common stock, no par value. As  of  October
31, 1994, all 10,705 outstanding shares of Texas-New Mexico Power
Company's  common stock ($10 par value), were held,  beneficially
and of record, by TNP Enterprises, Inc.



Item 6.  Exhibits and Reports on Form 8-K.

     (a)  Exhibits

     Refer  to  TNPE's and TNMP's 1993 Annual Reports on Form  10-K
     for an Exhibit Index.
     
     Refer to TNPE's and TNMP's 1994 Quarterly Reports on Form  10-
     Q  for  the  periods  March 31, 1994 and  June  30,  1994  for
     exhibits filed subsequent to December 31, 1993.
     
     Exhibits filed herewith;
        27    - Texas-New Mexico Power Company Financial Data Schedule.
        27.a  - TNP Enterprises, Inc. Financial Data Schedule.
  
     (b)  Reports on Form 8-K

     None during the period covered by this report.
  
  
                             SIGNATURE
  
  
  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.
  
  
                                 TNP ENTERPRISES, INC.
  
  
  Date  December 29, 1994           By \s\ Monte W. Smith
                                    Monte W. Smith
                                    Treasurer
                                    (Chief Accounting Officer)
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
                             SIGNATURE
  
  
  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.
  
  
                                 TEXAS-NEW MEXICO POWER COMPANY
  
  
  Date  December 29, 1994           By \s\ Monte W. Smith
                                    Monte W. Smith
                                    Controller
                                    (Chief Accounting Officer)