EXHIBIT 23.3


INDEPENDENT AUDITORS' CONSENT

We  consent to the  reference  to our firm under the  caption  "Experts"  and to
incorporation  by reference in this  Amendment No. 1 to  Registration  Statement
(No.  333-46189) of The AES Corporation on Form S-3 of our report dated December
30, 1997  relating to the  financial  statements  of Companhia  Centro-Oeste  de
Distribuicao  de Energia  Eletrica-CEEE  D2 as at and for the nine months  ended
September 30, 1997 prepared in accordance with accounting practices  originating
in Brazil's  Corporation  Law,  which appears in Item 7 of the Current Report on
Form 8-K of The AES Corporation dated January 9, 1998.


/s/ Ernst & Young
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Auditores Independentes
Porto Alegre, Brazil
March 27, 1998