Pricing Supplement Dated November 17, 1997 Rule 424(b)(2) (To Prospectus dated November 12, 1997 and Registration Nos. 333-38003 Prospectus Supplement dated November 12, 1997) and 333-38003-01 PP&L Capital Funding, Inc. Medium-Term Notes, Series A - Fixed Rate Unconditionally Guaranteed as to Payment of Principal, Premium, if any, and Interest by PP&L Resources, Inc. CUSIP# - 69349PXXX ________________________________________________________________________________ Principal Amount: $100,000,000.00 Interest Rate: 6.79% Agent(s)' Discount or Commission: $600,000.00 	Stated Maturity Date: November 22, 2004 Net Proceeds to Issuer: $99,400,000.00 Original Issue Date: November 20, 1997 ________________________________________________________________________________ Interest Payment Dates: February 15 and August 15 First Interest Payment Date: February 15, 1998 Redemption: _X_ The Notes may not be redeemed prior to the Stated Maturity Date. ___ The Notes may be redeemed prior to the Stated Maturity Date. Initial Redemption Date: Initial Redemption Price: Annual Redemption Percentage Reduction: % until Redemption Percentage is 100% of the principal amount. Repayment at the Option of the Holder: _X_ The Notes may not be repaid at the option of the holder prior to the Stated Maturity Date. ___ The Notes may be repaid to the Stated Maturity Date at the option of the holder of the Notes. Option Repayment Date(s): Repayment Price: % Form: _X_ Book-Entry ___ Certified Agent: _X_ Merrill Lynch & Co. $41,500,000.00 ___ First Chicago Capital Markets, Inc. _X_ Goldman, Sachs & Co. $32,000,000.00 _X_ Morgan Stanley Dean Witter $26,500,000.00 ___ Other Agent acting in the capacity as indicated below: ___ Agent _X_ Principal If as principal: ___ The Notes are being offered at varying prices related to prevailing market prices at the time of resale. _X_ The Notes are being offered at a fixed initial public offering price of 100% of principal amount. If as Agent: The Notes are being offered at a fixed initial public offering price of 100% of principal amount. Other Provisions: