Puerto Vallarta and Mexico News

Puerto Vallarta and Mexico News

Mexico’s Electricity Overhaul

Mexico's state-run electricity company will announce on Monday, today, tenders for nearly $4.9 billion in projects in a first round of auctions under a sweeping opening of the government-run energy sector, daily El Financiero reported.

The Federal Electricity Commission will announce 16 projects, including four pipelines and three electricity plants, worth $4.899 billion, according to a document obtained by El Financiero.

Last week, President Enrique Pena Nieto signed a package of laws needed to implement last year's energy reform that aims to lure billions of dollars in private investment to the country's ailing . . .

Read Full Story

Related Posts

burned cars puerto vallarta

Puerto Vallarta begins clearing burned vehicles after violent day, no official statements

Puerto Vallarta says crews have started removing burned vehicles, but cooling work slows clearance and...
Questions grow over fuel smuggling at Navy-run ports

Fuel Smuggling Claims Put Navy-Run Ports Under Lens

An investigation alleges a network that shields illegal fuel imports at Navy-run ports, raising questions...
Sheinbaum calls for calm amid widespread roadblocks

Sheinbaum calls for calm amid widespread roadblocks

Sheinbaum urged calm as road blockades spread after the killing of CJNG leader “El Mencho”...
El Mencho killing sparks Puerto Vallarta fires and roadblocks

El Mencho killing sparks Puerto Vallarta fires and roadblocks

Authorities say CJNG leader El Mencho was killed in Jalisco, sparking arson roadblocks and travel...