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



                                    FORM 8-K
                                 CURRENT REPORT



                     PURSUANT TO SECTION 13 OR 15(d) OF THE
                         SECURITES EXCHANGE ACT OF 1934


         Date of Report (Date of earliest events reported) July 3, 2001



                      PUBLIC SERVICE COMPANY OF NEW MEXICO
             (Exact name of registrant as specified in its charter)


              New Mexico             Commission              85-00019030
----------------------------                            ------------------------
(State or Other Jurisdiction     File Number 1-6986        (I.R.S. Employer
      of Incorporation)                                 Identification) Number)



                 Alvarado Square, Albuquerque, New Mexico 87158
               (Address of principal executive offices) (Zip Code)



                                 (505) 241-2700
              (Registrant's telephone number, including area code)

                         ______________________________
              (Former name, former address and former fiscal year,
                          if changed since last report)



Item 7.   Exhibits

Exhibits

     99.1  Annual Meeting speech of the Company's  Chairman,  President and
           Chief Executive Officer

     99.2  Press Release summarizing annual meeting speech


Item 9.   Regulation FD Disclosure

     Public Service  Company of New Mexico (the "Company" or "PNM") is filing as
exhibits  to this  Form  8-K (1) the  annual  meeting  speech  of the  Company's
Chairman,  President and Chief Executive  Officer,  Jeff Sterba delivered at the
Company's  annual  meeting  held on July 3,  2001  and (2) the  Company's  press
release summarizing the annual meeting speech.


     Safe Harbor Statement under the Private Securities Litigation Reform Act of
1995.
--------------------------------------------------------------------------------
  Statements  made in this  filing  that  relate to future  events  are made
pursuant  to  the  Private  Securities  Litigation  Reform  Act of  1995.  These
forward-looking  statements are based upon current  expectations and PNM assumes
no  obligation to update this  information.  Because  actual  results may differ
materially from  expectations,  PNM cautions readers not to place undue reliance
on these statements. A number of factors, including weather, fuel costs, changes
in supply and  demand in the  market for  electric  power,  the  performance  of
generating units and transmission  systems, and state and federal regulatory and
legislative  decisions  and actions,  including  the  wholesale  electric  power
pricing  mitigation  plan ordered by the Federal  Energy  Regulatory  Commission
(FERC) on June 18,  2001,  rulings  issued by the New Mexico  Public  Regulation
Commission  (NMPRC) pursuant to the Electric Utility Industry  Restructuring Act
of 1999 (as  amended),  and in other  cases now  pending or which may be brought
before the FERC or the NMPRC, or other actions relating to utility restructuring
or stranded  cost  recovery,  could  cause PNM  results to differ  from  results
forecast  in this news  release.  For a  detailed  discussion  of the  important
factors  affecting  PNM,  please see  ``Management's  Discussion and Analysis of
Financial  Condition and Results of  Operations'' in the company's Form 10-K (as
amended) for the year ended  December 31, 2000,  Form 10-Q for the quarter ended
March  31,  2001,  and  Form  8-K  filings  with  the  Securities  and  Exchange
Commission.



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SIGNATURES

     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.

                                       PUBLIC SERVICE COMPANY OF NEW MEXICO
                                   ---------------------------------------------
                                                  (Registrant)


Date:  July 6, 2001                              /s/ John R. Loyack
                                   ---------------------------------------------
                                                   John R. Loyack
                                        Vice President, Corporate Controller
                                            and Chief Accounting Officer
                                   (Officer duly authorized to sign this report)


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