EXHIBIT 21 TEXAS UTILITIES COMPANY (AS OF MARCH 23, 1998) STATE OR COUNTRY OF INCORPORATION TEXAS UTILITIES COMPANY Texas TEXAS ENERGY INDUSTRIES, INC. Texas Texas Utilities Electric Company Texas TU Electric Capital I Texas TU Electric Capital II Texas TU Electric Capital III Texas TU Electric Capital IV Texas TU Electric Capital V Texas Southwestern Electric Service Company Texas Texas Utilities Australia Pty. Ltd. Australia Eastern Energy Limited Australia Australian Tree Management Pty. Ltd. Australia East Coast Power Pty. Ltd. Australia Eastcoast Gas Pty. Ltd. (1) Australia Eastern Facilities Management Pty. Ltd. Australia Enetech Pty. Ltd. Australia Global Customer Solutions Pty. Ltd. Australia TUA (No. 1) Pty. Ltd. Australia TUA (No. 2) Pty. Ltd. Australia TUA (No. 3) Pty. Ltd. Australia TUA (No. 4) Pty. Ltd. Australia TUA (No. 5) Pty. Ltd. Australia TUA (No. 6) Pty. Ltd. Australia TU Australia Pty. Ltd. Australia Texas Utilities Fuel Company Texas Texas Utilities Mining Company Texas Lufkin-Conroe Communications Co. Texas Lufkin-Conroe Telephone Exchange, Inc. Texas Lufkin-Conroe Telecommunications Corp. Texas LCT Long Distance, Inc. Texas East Texas Fiber Line Incorporated (2) Texas Texas Utilities Integrated Solutions Inc. Texas Texas Utilities Services Inc. Texas Texas Utilities Properties Inc. Texas Texas Utilities Communications Inc. Delaware Communications License Holdings I, Inc. Texas Basic Resources Inc. Texas Chaco Energy Company New Mexico Enserch Development Corporation Texas EDC Catskill Cogeneration, Inc. Delaware EDC Four Inc. (3) Delaware EDC Northwest Cogeneration, Inc. Delaware EDC Palakkad Power Ltd. Cayman Islands EDC Palakkad One Holding Company (4) Mauritius EDC Palakkad Two Holding Company (4) Mauritius Palakkad Power Generating Company(5) India EDC Power Marketing, Ltd Texas EDC Shaoxing Power Ltd. Cayman Islands Zhejiang Yong-Ke Thermal Power Corporation, Ltd.(6) China EIL India, L.L.C. (7) India Ensat Cogeneration Company Texas Ensat Northwest Cogeneration Company (8) Texas Electron Fees, Inc. Texas Enserch Development Corporation Hamakua, Inc. Texas Enserch Development Corporation Hawaii, Inc. Texas Enserch International Ltd. Cayman Islands Lone Star Gas International, Inc. Texas Lone Star Gas Chile S.A. de C.V. Republic of Chile National Pipeline Company Texas Enserch de Mexico S.A. de C.V. (9) Mexico Enserch de Monterrey S. A. de C. V. (10) Mexico Enserch International Services, Inc. ENSERCH CORPORATION Texas Lone Star Gas Company (an unincorporated division) Lone Star Pipeline Company (an unincorporated division) Enserch Processing, Inc. Delaware Enserch Energy Services, Inc. Texas Direct Gas Supply Corp. New York Enserch Energy Services (Canada), Inc. Texas Enserch Energy Services (New York), Inc. Delaware Enserch Energy Services Risk Management Company Texas Enserch Energy Services Trading Company Texas Enserch Gas Marketing Company Texas ALEASCO, Inc. Alaska ENS Claims Management, Inc. Delaware ENS Holdings I, Inc. Texas ENS Holdings II, Inc. Texas ENS Insurance Company Vermont ENSERCH E&C Holdings, Inc. Nevada ENS Equipment Corporation Delaware ENSERCH E&C, Inc. Nevada ESICORP Constructors International Inc. Delaware ENS U. K. Limited (11) United Kingdom ENS Limited (11) United Kingdom Process Engineering International Ltd. (11) United Kingdom ESICORP Industries Inc. (Delaware) Delaware Ebasco Cayman Limited Cayman Islands Ebasco Services Singapore Pte. Ltd. Singapore Ebasco Energy A. G. Switzerland Ebasco Services of Canada Limited Canada Engineering International Liquidating Company, Inc. California Ensat Pipeline Company Texas Enserch Finance II, Inc. Texas Enserch Finance N.V. Netherlands Antilles Enserch Gas Transmission Company Texas Enserch House, Inc. Texas Enserch International Investments Limited Delaware Humphreys and Glasgow Limited United Kingdom Enserch Shirley, Inc. Delaware Fleet Star of Texas, L.C. (12) Texas LS Energy, Inc. Texas Lone Star Dallas Energy Center, Inc. Texas Lone Star Energy Services, Inc. Texas Lone Star Gas Company of Texas, Inc. Texas TRANSTAR Technologies L.C. Texas TU FINANCE (NO. 1) LIMITED United Kingdom TU Finance (No. 2) Limited (13) United Kingdom TU Acquisitions PLC United Kingdom ___________________________ (1) 50% owned by Eastern Energy Limited. (2) 67% owned by Lufkin-Conroe Telecommunications Corp. (3) 50% owned by Enserch Development Corporation. (4) 99% owned by EDC Palakkad Power Ltd. and 1% owned by Enserch International Ltd. (5) 89% benefically owned by EDC Palakkad One Holding Company and 11% beneficially owned by EDC Palakkad Two Holding Company. (6) 70% owned by EDC Shaoxing Power Ltd. (7) 40% owned by Enserch Development Corporation. (8) 51% owned by Electron 4/NW, Inc. and 49% owned by Enserch Development Corporation. (9) 99% owned by National Pipeline Company and 1% owned by Enserch Development Corporation. (10) 99.99% owned by Enserch de Mexico S.A. de C.V. and .01% owned by Enserch Development Corporation. (11) 99% owned by parent corporation. (12) 50% owned by ENSERCH Corporation and 50% owned by FST Holdings, Inc. (13) 90% owned by TU Finance (No. 1) Limited and 10% owned by Texas Utilities Services Inc. Except as noted above, the voting stock of each subsidiary company and their subsidiaries and affiliates is wholly owned (100%) by its parent or a wholly- owned affiliate. The financial statements of each subsidiary are included in the consolidated financial statements except that the equity method of accounting is used for subsidiaries in which the Company has 50% or less ownership. Such unconsolidated subsidiaries considered in the aggregate do not constitute a significant subsidiary. AFFILIATES STATE OR COUNTY OF INCORPORATION OR ORGANIZATION American Gas Finance Company, L.L.C. (1) Texas Enserch SACROC Inc. (2) Texas ENS Holdings Limited Partnership Texas FinaStar Partnership Texas Lavair Cogeneration Limited Partnership Delaware Gulf Coast Natural Gas Company (3) Texas Encogen Hawaii, L.P. Hawaii Encogen Northwest L.P. Delaware Encogen Four Partners L.P. Delaware GTE Mobilnet of South Texas, L.P. Texas GTE Mobilnet of Texas RSA #11, L.P. Texas GTE Mobilnet of Texas RSA #17, L.P. Texas Texas RSA #11B Limited Partnership Texas Compania Mexicana de Gas S.A. de C.V. (4) Mexico Metrogas S.A. (5) Republic of Chile ICMC Power Consortium, Inc. (6) New York ________________________ (1) 5.27% owned by Lone Star Energy Services, Inc. (2) 99.65% owned by Enserch Finance II, Inc. and .35% owned by ENS Holdings Limited Partnership. (3) General partnership: General Partner, Enserch Gas Transmission Company (50%) and General/Managing Partner, Tejas Gas Transmission Company (50%). (4) 49% owned by Enserch de Monterrey S.A. de C.V. (5) 10% owned by Lone Star Gas Chile S.A. de C.V. (6) 12.93% owned by Enserch Development Corporation.