The Diplomat
Mexico’s Federal Electricity Commission (CFE), Latin America’s largest electricity company, has awarded the Spanish company Técnicas Reunidas a $335 million (€293 million) contract for the development of two combined cycle natural gas plants (CCGT) in the state of Yucatan.
As the Spanish company informed in a press release, the contract for the development of the new natural gas combined cycle plants of Valladolid and Mérida, both in Yucatán, has been awarded to a consortium formed by Técnicas Reunidas and the Spanish company TSK, which will carry out the design and execution of the plants on a 50/50 basis, and to the Japanese company Mitsubishi Power, which will provide the turbine technology.
The engineering work, which will be assumed in its entirety by Técnicas Reunidas, will require the execution of 500,000 hours over twelve months by a team of more than 500 highly qualified engineers. The new combined cycle plants, which will have a capacity of approximately 1,000 MW and 500 MW, respectively, will enable “Mexico to continue reducing the contribution of the most polluting electricity generation plants, which use heavy liquids as fuels, thus helping to decarbonize its electricity system”, the company stated.
In addition, the two plants will help to boost the socioeconomic development of the Yucatán peninsula, a region with high and growing levels of electricity demand, especially in the summer months. In particular, the commissioning of both plants will improve the power supply to the Tren Maya, a mega-railway project launched in 2018 by the Mexican government, which will be more than 1,500 kilometers long and whose route runs through Yucatán and four other states in the country.
Técnicas Reunidas is one of the most important companies in its sector on an international scale, with a presence in 25 countries and a track record that totals more than 1,000 industrial plants throughout its 60 years of experience. Its business is mainly focused on engineering projects, natural gas production and processing, the development of industrial plants for the production of clean fuels and petrochemical products, and the promotion of advanced low-carbon technologies, such as green hydrogen, CO2 sequestration and capture, biofuels and waste recovery, among others. The company has more than 7,500 employees, most of whom are highly qualified engineers, and its revenues reached 3.5 billion euros in 2020.
