content: Securities and Exchange Commission
  
                       Washington, DC  20549
  
                              Form 8-K
  
                           Current Report
  
               Pursuant to Section 13 or 15(d) of the
                    Securities Exchange Act 1934
  
  
                  Date of Report January 12, 1998
                 (Date of earliest event reported)
  
  
  
                      CalEnergy Company, Inc.
       (Exact name of registrant as specified in its charter)
  
  
  
      Delaware                     1-9874             94-2213782
  (State of other          (Commission File         (IRS Employer
   jurisdiction of          Number)                  Identification No.)
   incorporation)
  
  
   302 South 36th Street, Suite 400,          Omaha, NE      68131
             (Address of principal executive offices)      Zip Code
  
  
  Registrant's Telephone Number, including area code:    (402) 341-4500
  
  
                                N/A
   (Former name or former address, if changed since last report)
  <PAGE>
  Item 5.  Other Events
  
       On January 12, 1998, the Registrant announced  that the
  Government of Indonesia issued a Presidential Decree which had
  the effect of placing unit one of the Patuha geothermal power
  project back on reviewed status.  The project is majority owned
  by Patuha Power Ltd, a wholly owned indirect subsidiary of the
  Registrant.  A press release issued by the Registrant is attached
  hereto as Exhibit 1 and is incorporated herein by reference.
  
  Item 7.  Financial Statements and Exhibits
  
       Exhibit 1 - Press Release dated January 12, 1998
  <PAGE>
                             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 hereunto duly authorized.
  
                                     CalEnergy Company, Inc.
  
  
  
  
                                     By: \s\ Douglas L. Anderson
                                     Douglas L. Anderson
                                     Assistant Secretary and
                                     Assistant General Counsel
  
  
  
  
  Dated: January 12, 1998
  <PAGE>
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metadata_filer: {"company-data": {"conformed-name": "CALENERGY CO INC", "cik": "0000720556", "assigned-sic": "4991", "irs-number": "942213782", "state-of-incorporation": "DE", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "001-09874", "film-number": "98504536"}, "business-address": {"street1": "302 S 36TH ST", "street2": "STE 400", "city": "OMAHA", "state": "NE", "zip": "68131", "phone": "4023414500"}, "mail-address": {"street1": "302 SOUTH 36TH STREET", "street2": "SUITE 400-A", "city": "OMAHA", "state": "NE", "zip": "68131"}, "former-company": {"former-conformed-name": "CALIFORNIA ENERGY CO INC", "date-changed": "19920703"}}
text: Securities and Exchange Commission
  
                       Washington, DC  20549
  
                              Form 8-K
  
                           Current Report
  
               Pursuant to Section 13 or 15(d) of the
                    Securities Exchange Act 1934
  
                  Date of Report January 12, 1998
                 (Date of earliest event reported)
  
                      CalEnergy Company, Inc.
       (Exact name of registrant as specified in its charter)
  
      Delaware                     1-9874             94-2213782
  (State of other          (Commission File         (IRS Employer
   jurisdiction of          Number)                  Identification No.)
   incorporation)
  
   302 South 36th Street, Suite 400,          Omaha, NE      68131
             (Address of principal executive offices)      Zip Code
  
  Registrant's Telephone Number, including area code:    (402) 341-4500
  
                                N/A
   (Former name or former address, if changed since last report)
  Item 5.  Other Events
  
       On January 12, 1998, the Registrant announced  that the
  Government of Indonesia issued a Presidential Decree which had
  the effect of placing unit one of the Patuha geothermal power
  project back on reviewed status.  The project is majority owned
  by Patuha Power Ltd, a wholly owned indirect subsidiary of the
  Registrant.  A press release issued by the Registrant is attached
  hereto as Exhibit 1 and is incorporated herein by reference.
  
  Item 7.  Financial Statements and Exhibits
  
       Exhibit 1 - Press Release dated January 12, 1998
  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 hereunto duly authorized.
  
                                     CalEnergy Company, Inc.
  
                                     By: \s\ Douglas L. Anderson
                                     Douglas L. Anderson
                                     Assistant Secretary and
                                     Assistant General Counsel
  
  Dated: January 12, 1998