Mexican Congress pushes back debate on power bill into 2022


FILE PHOTO: A general view shows high voltage power lines owned by Mexico's state-run electric utility known as the Federal Electricity Commission (CFE), in Santa Catarina, on the outskirts of Monterrey, Mexico February 9, 2021. REUTERS/Daniel Becerril/File Photo

MEXICO CITY (Reuters) - Mexico's ruling party on Wednesday pushed back into next year debate on a constitutional overhaul of the electricity market, eyeing possible approval after a recall vote on the president's mandate planned for March.

The reform https://www.reuters.com/world/americas/mexico-president-says-electricity-reform-has-been-sent-congress-2021-10-01 pitched by President Andres Manuel Lopez Obrador foresees giving state power utility the Comision Federal de Electricidad (CFE) over half of the market and putting it in charge of setting terms for private generators.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In World

Several injured in Australia as car crashes into crowd north of Sydney
Latvians vote in election in shadow of drone incursions and war in Ukraine
Crude oil tanker struck by unknown projectile off Oman, UKMTO says
North Korea fires unidentified projectile toward sea off east coast, Seoul says
ADEX 2026 defense exhibition concludes in Baku with record company participation
U.S. stocks close higher
Tennessee execution survivor Christa Pike unconscious on ventilator, lawyers say
T�rkiye, Iraq to expand cooperation in energy sector
Crude futures settle lower
U.S. dollar ticks down

Others Also Read