Mexico
News

Mexico's CFE awards Siemens US$30mn transmission contract

Bnamericas Published: Friday, October 02, 2015
Mexico's CFE awards Siemens US$30mn transmission contract

Mexico's federal utility CFE has awarded Siemens a US$29.8mn substation and transmission line project in the northern state of Coahuila.

The contract is for the construction of a 400/115kV substation and five 115kV transmission lines totaling 25km, CFE said in a press release.

The project will guarantee the electricity supply in that state and reduce operating costs, and provide a better quality and more economical service to customers, according to the company.

Siemens' bid was 8.7% below CFE's budget ceiling for the project. Other firms that include Abengoa México, Isolux de México and Sacyr Industrial México.

The utility said in May last year it would invest US$40bn in the modernization and expansion of the national grid.

Subscribe to the most trusted business intelligence platform in Latin America. Let us show you our solutions for Suppliers, Contractors, Operators, Government, Legal, Financial and Insurance.

Subscribe to Latin America’s most trusted business intelligence platform.

Other projects in: Electric Power (Mexico)

Get critical information about thousands of Electric Power projects in Latin America: what stages they're in, capex, related companies, contacts and more.

  • Project: Las Chispas
  • Current stage: Blurred
  • Updated: 2 months ago

Other companies in: Electric Power (Mexico)

Get critical information about thousands of Electric Power companies in Latin America: their projects, contacts, shareholders, related news and more.

  • Company: Zetrak S.A. de C.V.  (Zetrak)
  • The description contained in this profile was taken directly from an official source and has not been edited or modified by BNamericas researchers, but may have been automatical...
  • Company: Madver S.A. de C.V.  (Madver)
  • The description contained in this profile was taken directly from an official source and has not been edited or modified by BNamericas researchers, but may have been automatical...