Mexico to Sell Solar Power Plant Rights

February 7, 2003 [] The Federal Electricity Commission (CFE), Mexico’s state-owned power distribution monopoly, has begun accepting bids from companies to build a 198-242 megawatt combined-cycle plant and solar-power facility in Mexicali, Baja California. The company that submits the winning bid will get a 25-year franchise to manage the plant and a US$49.35 million subsidy from the Global Environment Facility, a unit of the World Bank, to develop a 25-megawatt solar plant. Bids will be accepted until the end of March while construction is scheduled to begin in September and the plant should begin operations in March 2006.


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