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.

No posts to display