Business Services Industry
Concamin: Private sector electricity generation is efficient.
Internet Securities, September, 2002
MEXICO CITY, Sep 9, 2002 (El Universal/Corporate Mexico by Internet Securities, Inc. via COMTEX) -- After ten years of operations in the Mexican electricity sector, private sector generators have consolidated their positions in the market and have become an attractive option for large consumers.Companies such as Iberdrola Energia Monterrey, Electricite de France and Mitsubishi, among others, are currently offering better services that the Federal Electricity Commission (CFE), especially in terms of prices. Jose de Jesus Valdes, president of the Energy Commission of the Industrial Chambers Confederation (Concamin), reported that private sector electricity generators deliver electricity at prices between 15% and 20% cheaper than the CFE does. "That is one of the main...
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