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Technology Stocks : Energy Conversion Devices

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To: Allen Bucholski who wrote (7121)2/7/2003 1:53:16 AM
From: Krowbar  Read Replies (1) of 8393
 
The Federal Electricity Commission (CFE), Mexico's state-owned power distribution monopoly, has begun accepting bids from companies to build a 198-242 megawatt combined-cycle plant and solar-power facility in Mexicali, Baja California.

CFE officials told EFE Tuesday that the power agency would continue to accept bids until the end of March.

Under Mexico's electricity laws, private-sector power producers are only allowed to sell their output to the CFE.

The company that submits the winning bid will get a 25-year franchise to manage the plant and a $49.35 million subsidy from the Global Environment Facility, a unit of the World Bank, to develop a 25-megawatt solar plant.

Construction is scheduled to begin in September and the plant should begin operations in March 2006.
pro.energycentral.com

That would be a years output of our machine.

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