|Exhibit 12(d)                                                                                                   
|----------------------------------------------------------------------------------------------------------------
|                                                                                                                
|PPL MONTANA, LLC AND SUBSIDIARIESCOMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
        (Millions of Dollars)
|                                                                                                                
|                                                                                                                
|                                                                                                                
|                                                                                                                
|                                                                                                                
|                                                                                                                
|                                                                                                                
|Fixed charges, as defined:                                                                                      
|                                                                                                                
|                                                                                                                
|                                                                                                                
|                                                                                                                
|                                                                                                                
|                                                                                                                
|                                                                                                                
|Earnings, as defined:                                                                                           
|                                                                                                                
|                                                                                                                
|                                                                                                                
|Add:                                                                                                            
|                                                                                                                
|                                                                                                                
|                                                                                                                
|                                                                                                                
|                                                                                                                
|                                                                                                                
|Ratio of earnings to
      fixed charges                                                                        
|                                                                                                                
|(a)