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October 06, 2015 12:48 AM ET

Electric Utilities

Company Overview of Comisión Federal De Electricidad

Company Overview

Comisión Federal de Electricidad generates, distributes, and markets electric power primarily for household and industrial customers in Mexico. The company generates electricity through thermoelectric, hydroelectric, coal-fired, geothermal, wind, and nuclear sources. It operates generating plants; and power lines that transmits and distributes electric power. The company also provides telecommunications services, such as leased bandwidth services to enterprises, telecommunications carriers, and government entities; and operates fiber optic network. In addition, it offers technical services, including evaluation, development, and improvement counseling of quality direction systems; specialize...

Reforma 164

Col. Juárez

Mexico City, DF 


Key Executives for Comisión Federal De Electricidad

Chief Executive Officer
Age: 43
Director of Finance
Accounting Manager
Deputy Director of Financial Control
General Director
Compensation as of Fiscal Year 2015.

Comisión Federal De Electricidad Key Developments

CFE Secures Contract to Build and Operate Ramal Villa De Reyes Natural Gas Pipeline to Consortium for Five Firms

CFE has awarded the contract to build and operate the 19km Ramal Villa de Reyes natural gas pipeline to a consortium comprising five local firms. The firms are Transportadora de Gas Natural de Zacatecas, Distribuidora de Gas Natural México, Distribuidora de Gas Natural del Noroeste, Gas Natural Industrial, and Gas Natural del Noroeste, whose bid was the most economical. The pipeline in San Luis Potosí state will supply natural gas to the Villa de Reyes thermoelectric plant and the San Luis Potosí I and II combined cycle power plants, and will also connect to phase II of the Los Ramones pipeline and the Tula-Villa de Reyes and Villa de Reyes-Aguascalientes-Guadalajara pipelines. The contract includes the construction, operation and maintenance of the 7.81Mm3/d pipeline, which is 61cm in diameter and scheduled to enter operations in July 2016.

CFE, Iberdrola Sign Natural Gas Supply Deal

CFE and Iberdrola have signed agreements regarding natural gas supply, hydroelectric development and the purchase of electricity. The first of the three agreements establishes CFE as Iberdrola's preferred natural gas supplier for its existing and future electricity generation projects. The second agreement aims to increase the two companies' mutual exchange of know-how and best practices in hydroelectric pumping, as the CFE studies the possibility of developing such a project in Mexico. As well as generating electricity, hydroelectric pumping can accumulate water to be stored and reused to generate more energy in the future. As part of the agreement, CFE technicians will visit Iberdrola's hydroelectric pumping plants in Spain. The third agreement will study an increase in CFE's supply of natural gas to the Tamazunchale II combined cycle plant, operated by Iberdrola and located in the northern state of San Luis Potosí­. CFE is also analyzing the purchase of surplus electricity generated by the plant, as well as developing additional transmission infrastructure for the plant.

CFE Wins Contract to Build the Empalme I Combined Cycle Power Plant

CFE has awarded a contract to build the Empalme I combined cycle power plant with two gas turbines and one steam turbine. A consortium made up of Senermex, Sener, IEPI Mxico and OHL Industrial was awarded the contract, while the plant's turbines will be built by Siemens. The 770MW, natural gas-fired plant will be built in the Empalme municipality in Sonora state and is slated for fourth quarter of 2017 completion. The contract covers the engineering, supply, testing and placing into operation of the plant. The CFE will sign an additional 15-year maintenance contract with Siemens for the turbines. The winning bid presented an electricity generation cost of USD 0.0484 per kWh and a construction cost of USD 476.8 million, below the CFE's budget ceiling of USD 738.2 million for the project.

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