Mexico Manufacturing Industry Information Center

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Wednesday 22 May 2013
   
Monterrey, Mexico.- With the construction of three electric power co-generation projects for big companies such as Cydsa and Alfa, Sistemas de Energia Internacional (Seisa), a subsidiary of Gentor, will invest US$12 million in 2012, Jaime Saldaña Mendez, CEO, informed.
He said that considering the decrease in prices of natural gas and high prices of electric power in Mexico, electric power co-generation projects provide an alternative to the domestic industry.
He cleared out that bigger projects would take Seisa to compete with the big developers or big equipment manufacturers, such as General Electric or Siemens.
Saldaña Mendez said that electric plants for self-supply or co-generation represent 10% to 15% savings in power costs for companies that choose this alternative over paying the prices charged by the state-owned power generation and distribution company, Comision Federal de Electricidad, which service is subject to inefficiency because its plants are obsolete.
Seisa closed another agreement a year and a half ago in Colombia, which is a market where they want to develop more projects.
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