Combined Cycle, Gas, New Projects

Mexico’s CFE to offer $2.8B for natural gas projects

Mexican state-owned electric utility, Federal Electricity Commission’s (CFE) grid announced on Monday that it will offer $2.8 billion in natural gas and electricity infrastructure project contracts by the end of the year.

Among the projects are two combined-cycle power plants located near Mexico’s northern border with the U.S.

The two projects are the $1 billion, 928-MW combined-cycle Norte III power plant located about 19 miles south Ciudad Juarez; and the $822 million, 714-MW combined-cycle Guaymas II power plant located in northwestern Sonora state.

CFE Chief Executive Enrique Ochoa said the contracts will be open to private firms in international public tenders.

The winning bid will be announced in December.

Projects are expected to enter into operation by 2017.

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