Mexican state-owned utility Comision Federal de Electricidad (CFE) has awarded the 240 MW Chicoasen II hydroelectric plant to a consortium led by Omega Construcciones SA.
The winning team is composed by Omega, Sinohydro Costa Rica SA, Desarrollos y Construcciones Urbanas SA and CAABSA Infraestructura SA.
The project will be developed on the Grijalva River in Chiapas State. Chicoasen II will feature a powerhouse equipped with three bulb turbines, a downstream spillway and a substation.
The plant is expected to produce an annual output estimated at 591 GWh of electricity and it is estimated to take 42 months to be developed.
The total project investment is estimated at US$386.4 million.
The project will be located near the 2,430-MW Chicoasen (Manuel Moreno Torres) project wich was developed in 1980.
We have recently reported about several energy projects awarded in Mexico:
First Reserve and BlackRock have entered into a definitive agreement with P.M.I., a subsidiary of PEMEX, to acquire about 45% equity interest in two Mexican natural gas pipelines, Los Ramones Phase II North and Los Ramones Phase II South.
Read more