September 16, 2014 1:18 PM 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 209 generating plants with an installed capacity of 52,515 megawatts; and approximately 756,000 kilometers of power lines that transmits and distributes electric power, as well as serves 35.3 million customers. 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 ...

Reforma 164

Col. Juárez

Mexico City, DF 

Mexico

Key Executives for Comisión Federal De Electricidad

Chief Executive Officer
Age: 42
Director of Finance
Accounting Manager
Deputy Director of Financial Control
General Director
Compensation as of Fiscal Year 2014.

Comisión Federal De Electricidad Key Developments

Comisión Federal De Electricidad Launches Transmission Tenders

Comisión Federal De Electricidad launched three transmission project tenders, including one for a 115/13.8kV substation and associated transmission lines in the country's Campeche state. The 115kV transmission lines will span 67.1km. Proposals are due August 21 and the contract will be awarded on September 8. Works are scheduled to begin on September 23 of this year and finish by the end of December 2015. The second call is for the installation of 10 advanced metering infrastructure (AMI) systems to reduce electricity losses in Aguascalientes, Guanajuato, Hidalgo, Queretaro and Zacatecas states. The bid submission deadline is October 10 and CFE will award the contract on November 19. Works are slated to begin in January 2015 and finish by March 2016. Finally, CFE will tender the construction of a 1.9km, 400kV transmission line in Chiapas state, along with two 400kV substations with 100MVAr of compensation. Offers are due October 29 and CFE will award the contract on November 26. Works will begin in December and be completed by April 2016.

CFE and Durango Ink Gas Pipeline Agreement

CFE and the government of Durango state have signed an agreement to build the El Encino-La Laguna natural gas pipeline. The pipeline will be crucial to the economic development and sustainability of Durango. The pipeline will benefit industries in the desert regions of Lerdo, Mapimí and Gómez Palacio, home to 500,000 people. The pipeline will run 423km between El Encino and La Laguna and supply the region with 150Mf3/d of natural gas. The initiative is estimated to require an investment of $650 milion.

Energy Transfer Partners, L.P. Announces Agreements with Comisión Federal De Electricidad to Provide Gas Transportation Services

Energy Transfer Partners, LP announced that its wholly-owned subsidiaries, Houston Pipe Line Company LP and Oasis Pipeline, LP, have entered into 15-year agreements with Comision Federal De Electricidad to provide transportation services for 930,000MMBtu of natural gas per day. To facilitate these agreements, ETP will utilize its existing pipeline infrastructure and will construct a new 24-inch pipeline from HPL's pipeline located near Edinburg, Texas to a new international border crossing near McAllen, Texas. Additionally, ETP will construct approximately 51 miles of 36-inch pipe extending from its Robstown pipeline system in Nueces County, Texas to its facilities located in Live Oak County, Texas. The Edinburgh Extension and Nueces Crossover are anticipated to be in service during the fourth quarter of this year and first quarter of 2015, respectively.

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