<SUBMISSION>
<ACCESSION-NUMBER>0001137171-02-000062
<TYPE>6-K
<PUBLIC-DOCUMENT-COUNT>1
<PERIOD>20020501
<FILING-DATE>20020502
<FILER>
<COMPANY-DATA>
<CONFORMED-NAME>TRANSALTA CORP
<CIK>0001144800
<ASSIGNED-SIC>4911
<FISCAL-YEAR-END>1231
</COMPANY-DATA>
<FILING-VALUES>
<FORM-TYPE>6-K
<ACT>34
<FILE-NUMBER>001-15214
<FILM-NUMBER>02631230
</FILING-VALUES>
<BUSINESS-ADDRESS>
<STREET1>110 12TH AVE SW BOX 1900 STATION M
<STREET2>CALGARY ALBERTA T2P 2MI
<CITY>CALGARY
<STATE>A0
<ZIP>00000
<PHONE>2128948400
</BUSINESS-ADDRESS>
<MAIL-ADDRESS>
<STREET1>110-12TH AVENUE SW
<CITY>CALGARY ALBERTA CANADA
<STATE>A0
</MAIL-ADDRESS>
</FILER>
<DOCUMENT>
<TYPE>6-K
<SEQUENCE>1
<FILENAME>tac6k2.htm
<TEXT>
<html>
<head>
<title></title>
</head>
<body text="#000000" link="#0000ff" vlink="#551a8b" alink="#ff0000">

<p align="center" style="margin-top: 0; margin-bottom: 0"><strong>FORM 6-K<br>
SECURITIES AND EXCHANGE COMMISSION<br>
Washington, D.C. 20549</strong>

<br wp="br1"><br wp="br2">
<br wp="br1"><br wp="br2">
<p align="center" style="margin-top: 0; margin-bottom: 0"><strong>Report of Foreign Private Issuer </strong>

<br wp="br1"><br wp="br2">
<p align="center" style="margin-top: 0; margin-bottom: 0"><strong>Pursuant to Rule 13a-16 or 15d-16 <br>
of the Securities Exchange Act of 1934</strong>

<br wp="br1"><br wp="br2">
<br wp="br1"><br wp="br2">
<p align="center" style="margin-top: 0; margin-bottom: 0">For the month of May, 2002

<br wp="br1"><br wp="br2">
<p style="margin-top: 0; margin-bottom: 0">

<p align="center" style="margin-top: 0; margin-bottom: 0"><u>TRANSALTA CORPORATION</u>

<p align="center" style="margin-top: 0; margin-bottom: 0">(Translation of registrant's name into English)

<br wp="br1"><br wp="br2">
<br wp="br1"><br wp="br2">
<p align="center" style="margin-top: 0; margin-bottom: 0"><u>110-12<sup>th</sup> Avenue S.W., Box 1900, Station "M", Calgary, Alberta, T2P 2M1</u>

<p align="center" style="margin-top: 0; margin-bottom: 0">(Address of principal executive offices)

<br wp="br1"><br wp="br2">
<p align="center" style="margin-top: 0; margin-bottom: 0">Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.

<p align="center" style="margin-top: 0; margin-bottom: 0">Form 20-F____   Form 40-F    <u>X     </u>

<br wp="br1"><br wp="br2">
<p align="center" style="margin-top: 0; margin-bottom: 0">Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing
the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

<p align="center" style="margin-top: 0; margin-bottom: 0">Yes .....  No ..X...

<br wp="br1"><br wp="br2">
<p align="center" style="margin-top: 0; margin-bottom: 0">If "Yes" is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b):  82-________

<p style="margin-top: 0; margin-bottom: 0">

<br wp="br1"><br wp="br2">
<p style="margin-top: 0; margin-bottom: 0">	<strong> EXHIBITS</strong>

<table  width="100%">
<tr valign="top"><td align="center" width="15%">
    <p style="margin-top: 0; margin-bottom: 0">Exhibit 1</p>
  </td>
<td align="center" width="86%">
  <p style="margin-top: 0; margin-bottom: 0">Press Release dated May 1, 2002.</p>
  </td></tr></table>

<p style="margin-top: 0; margin-bottom: 0">

<br wp="br1"><br wp="br2">
<br wp="br1"><br wp="br2">

<p style="margin-top: 0; margin-bottom: 0">

&nbsp;

<p style="margin-top: 0; margin-bottom: 0">

&nbsp;

<p style="margin-top: 0; margin-bottom: 0">

&nbsp;

<p style="margin-top: 0; margin-bottom: 0">

&nbsp;

<p style="margin-top: 0; margin-bottom: 0">

&nbsp;

<p style="margin-top: 0; margin-bottom: 0">

&nbsp;

<p style="margin-top: 0; margin-bottom: 0">

&nbsp;

<p style="margin-top: 0; margin-bottom: 0">

&nbsp;

<p style="margin-top: 0; margin-bottom: 0">

&nbsp;

<p style="margin-top: 0; margin-bottom: 0">

&nbsp;

<p style="margin-top: 0; margin-bottom: 0">

&nbsp;

<p style="margin-top: 0; margin-bottom: 0">

&nbsp;

<p style="margin-top: 0; margin-bottom: 0">

&nbsp;

<p style="margin-top: 0; margin-bottom: 0">

&nbsp;

<p style="margin-top: 0; margin-bottom: 0">

&nbsp;

<p style="margin-top: 0; margin-bottom: 0">

&nbsp;

<p style="margin-top: 0; margin-bottom: 0">

&nbsp;

<p style="margin-top: 0; margin-bottom: 0">

&nbsp;

<p style="margin-top: 0; margin-bottom: 0">

&nbsp;

<p style="margin-top: 0; margin-bottom: 0">

&nbsp;

<p style="margin-top: 0; margin-bottom: 0">

&nbsp;

<p style="margin-top: 0; margin-bottom: 0">

&nbsp;

<p style="margin-top: 0; margin-bottom: 0">

&nbsp;

<p style="margin-top: 0; margin-bottom: 0">

&nbsp;

<p style="margin-top: 0; margin-bottom: 0">

&nbsp;

<p style="margin-top: 0; margin-bottom: 0">

&nbsp;

<p style="margin-top: 0; margin-bottom: 0">

&nbsp;

<p style="margin-top: 0; margin-bottom: 0">

&nbsp;

<p style="margin-top: 0; margin-bottom: 0">

&nbsp;

<p style="margin-top: 0; margin-bottom: 0">

&nbsp;

<p style="margin-top: 0; margin-bottom: 0">

&nbsp;

<p style="margin-top: 0; margin-bottom: 0">

&nbsp;

<p style="margin-top: 0; margin-bottom: 0">

&nbsp;

<p style="margin-top: 0; margin-bottom: 0">

&nbsp;

<p style="margin-top: 0; margin-bottom: 0">

&nbsp;

<p style="margin-top: 0; margin-bottom: 0">

&nbsp;

<p style="margin-top: 0; margin-bottom: 0">

&nbsp;

<p style="margin-top: 0; margin-bottom: 0">

&nbsp;

<p style="margin-top: 0; margin-bottom: 0">

&nbsp;
<p style="margin-top: 0; margin-bottom: 0"><strong>TransAlta declares dividend</strong>

<p style="margin-top: 0; margin-bottom: 0"><strong></strong>

<p style="margin-top: 0; margin-bottom: 0">

<p style="margin-top: 0; margin-bottom: 0">CALGARY, Alberta (May 1, 2002) &#173; TransAlta Corporation (TSE: TA; NYSE: TAC) announced today that it has
declared a dividend of $0.25 per share on common shares payable July&nbsp;1, 2002 to shareholders of record at the close
of business on June 1, 2002.

<p style="margin-top: 0; margin-bottom: 0">

<p style="margin-top: 0; margin-bottom: 0">

<p style="margin-top: 0; margin-bottom: 0">All currency is expressed in Canadian dollars except where noted.

<p style="margin-top: 0; margin-bottom: 0">

<p style="margin-top: 0; margin-bottom: 0"><em></em>

<p style="margin-top: 0; margin-bottom: 0"><em></em>

<p style="margin-top: 0; margin-bottom: 0"><em>TransAlta Corporation is Canada's largest non-regulated electric generation and marketing company, with more than $8
billion in assets and 9,000 megawatts of capacity either in operation or under construction. As one of North America's lowest-cost operators, our growth is focused on developing coal- and gas-fired generation in Canada, the U.S. and Mexico.</em>

<p style="margin-top: 0; margin-bottom: 0">

<p align="center" style="margin-top: 0; margin-bottom: 0"><strong></strong>&#173; 30 &#173;

<p style="margin-top: 0; margin-bottom: 0">For more information:

<br wp="br1"><br wp="br2">
<table  width="100%">
<tr valign="top"><td width="53%">
    <p style="margin-top: 0; margin-bottom: 0"><em><strong>Media inquiries:</strong></em></p>
  </td>
<td width="52%">
  <p style="margin-top: 0; margin-bottom: 0"><strong><em>Investor inquiries</strong>:<strong></strong></em></p>
</td></tr>
<tr valign="top"><td>
    <p style="margin-top: 0; margin-bottom: 0"><strong><em></strong></em>Nadine Walz</p>
</td>
<td>
  <p style="margin-top: 0; margin-bottom: 0">Daniel J. Pigeon</p>
</td></tr>
<tr valign="top"><td>
    <p style="margin-top: 0; margin-bottom: 0">Media Relations Specialist</p>
  </td>
<td>
  <p style="margin-top: 0; margin-bottom: 0">Director, Investor Relations</p>
  </td></tr>
<tr valign="top"><td>
    <p style="margin-top: 0; margin-bottom: 0"><strong>Phone:  (403) 267-3655   </strong></p>
  </td>
<td>
  <p style="margin-top: 0; margin-bottom: 0"><strong>Phone:  1-800-387-3598 in Canada and U.S.</strong></p>
  </td></tr>
<tr valign="top"><td>
    <p style="margin-top: 0; margin-bottom: 0"><strong>Pager: (403) 213-7041</strong></p>
  </td>
<td>
  <p style="margin-top: 0; margin-bottom: 0"><strong>Phone:  (403) 267-2520    Fax (403) 267-2590</strong></p>
  </td></tr>
<tr valign="top"><td>
    <p style="margin-top: 0; margin-bottom: 0"><strong>Email:</strong>  media_relations@transalta.com</p>
  </td>
<td>
  <p style="margin-top: 0; margin-bottom: 0"><strong>E-mail:  </strong>investor_relations@transalta.com<strong></strong></p>
  </td></tr></table>

<p style="margin-top: 0; margin-bottom: 0"><strong></strong>

<p style="margin-top: 0; margin-bottom: 0">

<p style="margin-top: 0; margin-bottom: 0">

<p style="margin-top: 0; margin-bottom: 0">

<p style="margin-top: 0; margin-bottom: 0">

<p style="margin-top: 0; margin-bottom: 0">

<p style="margin-top: 0; margin-bottom: 0">

<p style="margin-top: 0; margin-bottom: 0">

<p style="margin-top: 0; margin-bottom: 0">

<p style="margin-top: 0; margin-bottom: 0">

<p align="center" style="margin-top: 0; margin-bottom: 0"><strong>Signatures</strong>

<br wp="br1"><br wp="br2">
<br wp="br1"><br wp="br2">
<p align="center" style="margin-top: 0; margin-bottom: 0"><strong></strong>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.

<br wp="br1"><br wp="br2">
<p style="margin-top: 0; margin-bottom: 0">

<p align="right" style="margin-top: 0; margin-bottom: 0"><u>TransAlta Corporation   </u>

<p align="right" style="margin-top: 0; margin-bottom: 0">(Registrant)

<p align="right" style="margin-top: 0; margin-bottom: 0">By:<u>/s/ Rodger Conner</u>

<p align="right" style="margin-top: 0; margin-bottom: 0">(Signature)

<p align="right" style="margin-top: 0; margin-bottom: 0">Rodger Conner, Corporate Secretary

<p align="right" style="margin-top: 0; margin-bottom: 0">Date: May 1, 2002

<br wp="br1"><br wp="br2">
</body>
</html>

</TEXT>
</DOCUMENT>
</SUBMISSION>
