850 MW gas-fired power plant set for Mexico

Iberdrola has been awarded the contract to build an 85 MW combined cycle gas-fired power plant in Mexico by the Mexican government.

The plant is to be sited in the municipality of Escobedo in the state of Nuevo León, which require an investment of $400m.

Under the contract, Iberdrola will construct, own, operate and maintain the gas-fired power generation plant which can generate electricity required to power 2 million consumers.
Iberdrola logo
The Mexican Federal Electricity Commission (CFE) will purchase the power generated from the facility under 25-year power purchase agreement with fixed capacity charges.

Constriction work on the Noreste power plant is scheduled to be commenced in early 2016 and be completed in July 2018.

Mitsubishi Hitachi Power Systems (MHPS) will provide gas turbines and a steam turbine for the station, which will also feature Foster Wheeler-built boilers.

Iberdrola is planning to invest up to $5bn in the country over the next five years.

 



Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...

Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...