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Page 15 - கூட்டாட்சியின் மின்சாரம் தரகு News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Lawsuits expected over Mexican law on power generation

MEXICO CITY The International Chamber of Commerce’s Mexico chapter said Wednesday it expects a wave of lawsuits, legal appeals and international investor-dispute arbitration panels, after Mexico enacted a law favouring government-owned power generation over cleaner private electrical plants. Many wind, solar and gas-fired power stations were built in Mexico by foreign companies, but President […]

Mexico – Senate Approves Amendment of Mexico s Electricity Industry Law | Mayer Brown - Energy Forward

To embed, copy and paste the code into your website or blog: Following the House of Representatives discussion and approval of the draft Amendment of the Electricity Industry Law proposed by President Andrés Manuel López Obrador on February 1, 2021 (the “Amendment”), on March 03, 2021, the Senate approved the Amendment. After five hours of discussion, the Senate voted 68 in favor and 58 against the Amendment. As mentioned in our previous Legal Update, the Amendment establishes the modification of  several articles of the law with the ultimate purpose of strengthening the Federal Electricity Commission ( Comisión Federal de Electricidad, “CFE”) by implementing: No free competition. Deleting the provision that states that the generation and commercialization of electricity are services that shall be provided in a regime of free competition.

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