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                                                                 Exhibit 10(q)-2

                         EQUITY CONTRIBUTION AGREEMENT

     EQUITY CONTRIBUTION AGREEMENT (this "Agreement") dated as of September 25,
1998 by and among PP&L GLOBAL, INC., a Pennsylvania corporation ("Purchaser"),
PP&L RESOURCES, INC., a Pennsylvania corporation ("Parent"), PENOBSCOT HYDRO
CO., INC., a Maine corporation ("PHC") and BANGOR HYDRO-ELECTRIC COMPANY, a
Maine corporation ("BHE", and together with PHC the "Sellers").

                                R E C I T A L S

     WHEREAS, Purchaser and Sellers are parties to that certain Asset Purchase
Agreement dated as of September 25, 1998 ("Purchase Agreement");

     WHEREAS, Purchaser is directly wholly-owned by Parent;

     NOW, THEREFORE, in consideration of the premises and as an inducement for
Sellers to enter into the Purchase Agreement, the parties hereto agree as
follows:

     Section 1.  Definitions. Capitalized terms used herein and not otherwise
                 -----------                                                  
defined herein shall have the respective meanings given to them in the Purchase
Agreement.

     Section 2.  Equity Contribution.
                 ------------------- 

     (a)  Sellers may, in their sole discretion and without the concurrence of
Purchaser or any of its Affiliates, give written notice to Parent when all
conditions precedent to the obligations of Sellers and Purchaser to consummate
the Closing as set forth in Article VIII of the Purchase Agreement have been
satisfied (or waived by the party entitled to waive such a condition). Parent
hereby irrevocably promises and agrees that, upon receipt of such notice, Parent
will make or cause to be made within five business days a contribution in
immediately available funds to Purchaser in the amount of the Initial Payment.

     (b)  If the Purchaser breaches its obligations to effect the Closing as and
when required by the Purchase Agreement, and, if as a result thereof, Purchaser
is the subject of a final and binding order of a court (or other tribunal having
jurisdiction) obligating it to pay any damages, costs, and expenses incurred by
Sellers, other than certain damages as contemplated in Section 11.11 of the
Purchase Agreement (a "Liability"), Sellers may, in their sole discretion and
without the concurrence of Purchaser or any of its Affiliates, give written
notice to Parent that such Liability was incurred. Parent irrevocably promises
and agrees that it shall make or cause to be made a contribution in immediately
available funds to Purchaser within five business 
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days after receipt of such notice in an amount sufficient for Purchaser to fully
satisfy and discharge the Liability up to but not to exceed the amount of the
Initial Payment.

     (c)  If a court (or other tribunal having jurisdiction) enters a final and
binding order to the effect that Sellers were not entitled to give any notice
provided for in subsection (a) or (b) hereof, then Sellers shall be liable to
pay Parent, as liquidated damages and in full satisfaction of any claim of
Purchaser or any of its Affiliates arising out of such order insofar as such
order relates to Sellers' giving of such notice, an amount equal to the
documented out-of-pocket costs of Parent (including, without limitation,
Parent's cost of capital after giving effect to related income taxes) incurred
in connection with Parent's contribution to Purchaser as a result of such
wrongful notice by Sellers.

     (d)  Notwithstanding any other provision of this Agreement to the contrary,
Parent shall have no obligation to make any contribution to Purchaser under this
Agreement to the extent its aggregate contributions to Purchaser made as a
result of a notice given by Sellers hereunder or otherwise contributed (provided
such funds have been segregated in accordance with Section 4 hereunder) equal or
exceed the amount of the Initial Payment.

     (e)  Any payments made by Parent directly to Sellers in satisfaction of
Parent's obligations to make a contribution to Purchaser hereunder shall be
deemed to be on behalf of, and to satisfy the obligations of, Purchaser to
Sellers under the Purchase Agreement (to the extent of the amount paid by
Parent).

     (f)  If, prior to receipt of a notice from Sellers requesting a
contribution to Purchaser, Parent makes a contribution to Purchaser as
contemplated herein, it shall promptly notify Sellers in writing of such
contribution, which notice shall state that such contribution has been
segregated as provided in Section 4 herein.

     (g)  Upon written request of Sellers given to Purchaser at any time after
Parent has made a contribution to Purchaser contemplated herein, Purchaser
agrees to return such contribution to Parent.

     Section 3.  Representations and Warranties.
                 ------------------------------ 

     (a)  Parent and Purchaser represent and warrant to Sellers as follows:

     (i)  Each of Parent and Purchaser is a corporation, duly organized, validly
          existing and in good standing under the laws of the Commonwealth of
          Pennsylvania, and
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            has full corporate power and authority to enter into this Agreement
            and to perform its obligations hereunder.

     (ii)   The execution and delivery by each of Parent and Purchaser of this
            Agreement, and the performance of its obligations hereunder, have
            been duly authorized by all necessary corporate action on the part
            of Parent and Purchaser, as the case may be.

     (iii)  Each of Parent and Purchaser has duly executed and delivered this
            Agreement. Assuming due authorization, execution and delivery of
            this Agreement by Sellers, this Agreement constitutes the valid and
            binding obligation of each of Parent and Purchaser, enforceable in
            accordance with its terms, except as such enforceability may be
            limited by bankruptcy, insolvency, reorganization, moratorium or
            other similar laws of general applicability affecting the
            enforcement of creditors' rights and the application of general
            principles of equity.

     (iv)   All consents, authorizations and other approvals of any governmental
            authority which are necessary for the execution and delivery by each
            of Parent and Purchaser of this Agreement and the performance by it
            of its obligations hereunder have been obtained and are in full
            force and effect, are final and not subject to any appeal.

     (v)    Execution, delivery and performance by Parent of this Agreement will
            not conflict with or result in a violation or default under any
            contract, agreement or order of any court or regulatory authority
            binding upon Parent or any of its Affiliates.

     (b)    Sellers represent and warrant to Parent as follows:

     (i)    Sellers are corporations, duly organized, validly existing and in
            good standing under the laws of the State of Maine, and have full
            corporate power and authority to enter into this Agreement and to
            perform their obligations hereunder.

     (ii)   The execution and delivery by Sellers of this Agreement, and the
            performance of their obligations hereunder, have been duly
            authorized by all necessary corporate action on the part of Sellers.

     (iii)  Sellers have duly executed and delivered this Agreement. Assuming
            due authorization, execution and delivery of this Agreement by
            Purchaser and Parent,
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            this Agreement constitutes the valid and binding obligation of
            Sellers, enforceable in accordance with its terms, except as such
            enforceability may be limited by bankruptcy, insolvency,
            reorganization, moratorium or other similar laws of general
            applicability affecting the enforcement of creditors' rights and the
            application of general principles of equity.

     (iv)   All consents, authorizations and other approvals of any governmental
            authority which are necessary for the execution and delivery of
            Sellers of this Agreement and the performance by them of their
            obligations hereunder have been obtained and are in full force and
            effect, are final and not subject to any appeal.

     (v)    Execution, delivery and performance by Sellers of this Agreement
            will not conflict with or result in a violation or default under any
            contract, agreement or order of any court or regulatory authority
            binding upon Sellers or any of their Affiliates.

     Section 4.  Restriction on Use. Purchaser shall segregate from its general
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funds any contributions made by Parent hereunder and shall use such funds for
the purpose, and only for the purpose, of satisfying its obligations to Sellers
under the Purchase Agreement. Such contribution shall be placed in a segregated
account at an independent financial institution, the name of which account makes
reference to the restrictions contained herein.

     Section 5.  Termination. The obligation of Parent under this Agreement 
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shall terminate upon the earliest to occur of:

     (a)    contribution by Parent to Purchaser of an amount equal to or
exceeding the amount of the Initial Payment in response to a notice given by
Sellers hereunder or otherwise contributed (provided such funds have been
segregated in accordance with Section 4 and any necessary notice has been given
pursuant to Section 2(f));

     (b)    five business days after notice of termination of the Purchase
Agreement is given pursuant to Article X thereof, unless prior to the close of
business on the fifth business day after such notice Parent receives written
notice from Purchaser or Sellers that either of them in good faith believes that
the Purchase Agreement is still in full force and effect or has been improperly
terminated, and that Sellers are actively pursuing a Liability claim, in which
case this Agreement 
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shall terminate upon the settlement or other determination of such claim in
accordance with Section 2(b) hereof and the making of the required contribution
by Parent; or

     (c)  the occurrence of the Closing under the Purchase Agreement.

     Section 6.  Miscellaneous.
                 ------------- 

     (a)  This Agreement shall be binding upon, shall inure to the benefit of,
and shall be enforceable by, the parties hereto and their respective successors
and permitted assigns. In the event that Purchaser assigns its rights under the
Purchase Agreement to a special purpose corporation, then the term "Purchaser"
herein shall refer to such special purpose corporation, and Parent shall make
its required contribution hereunder directly to such special purpose
corporation. Sellers shall be entitled to enforce the obligations of Parent
hereunder without the concurrence of Purchaser and regardless of any claims by
Purchaser against Sellers, including any claims under, or the satisfaction or
non-satisfaction of any obligations of Seller under, the Purchase Agreement.
Neither this Agreement nor any right hereunder may be assigned by any party
without the prior written consent of the other parties hereto, which consent
(except in the case of a transfer by Parent of its obligations hereunder) shall
not be unreasonably withheld.

     (b)  This Agreement contains the entire understanding of the parties with
respect to the matters herein and supersedes all prior agreements and
understandings between the parties with respect to the subject matter hereof.

     (c)  All notices and other communications required or permitted by this
Agreement or by law to be served upon or given to a party hereto by any other
party hereto shall be addressed as provided in the Purchase Agreement.

     (d)  This Agreement may not be amended or otherwise modified except by a
written agreement signed by each party hereto.

     (e)  THIS AGREEMENT SHALL BE CONSTRUED IN ACCORDANCE WITH, AND GOVERNED BY,
THE LAWS OF THE STATE OF MAINE, EXCLUDING ITS CONFLICTS OF LAWS PROVISIONS.

     (f)  If any provision of this Agreement shall be determined to be
unenforceable, void or otherwise contrary to law, such provision shall in no
manner operate to render any other provision of the Agreement unenforceable,
invalid or contrary to law, and this Agreement shall 
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continue to be operative and enforceable in accordance with the remaining terms
and provisions hereof.

     (g)  The terms, conditions, covenants, representations and warranties
hereof may be waived only by a written instrument executed by the party waiving
compliance. The failure of a party at any time or from time to time to require
performance of any provisions hereof shall in no manner affect its rights at a
later time to enforce the same. No waiver by a party of any condition or any
breach of any term, covenant, representation or warranty contained in this
Agreement in any one or more instances shall be deemed to be, or be construed
as, a further or continuing waiver of any such condition or breach of any other
term, covenant, representation or warranty.

     (h)  No person other than the parties hereto, or their successors or
permitted assigns shall have any rights hereunder.

     (i)  This Agreement may be signed in counterparts, each of which shall be
deemed an original and all of which together shall constitute one and the same
Agreement.
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     IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of
the day and year first above written.

                                   PURCHASER:

                                             PP&L GLOBAL, INC.


                                             By:________________________________
                                             Name:
                                             Its:


                                   PARENT:

                                             PP&L RESOURCES, INC.


                                             By:________________________________
                                             Name:
                                             Its:


                                   SELLERS:


                                             PENOBSCOT HYDRO CO., INC.


                                             By:________________________________
                                             Name:
                                             Its:


                                             BANGOR HYDRO-ELECTRIC COMPANY


                                             By:________________________________
                                             Name:
                                             Its: