Eight new power plants worth $1.45 billion are under construction in Mexico, the Federal Electricity Commission, or CFE, said.
The power plants will have total generating capacity of 1,749 MW and will boost the national power grid, the CFE said in a statement.
The biggest project is a $440 million combined-cycle plant in the central state of Morelos that will have 642 MW of generating capacity and is expected to go online in July 2014.
Bidding will be opened in the next few months for "eight power plants with total investment of $4.637 billion" to improve Mexico's generating capacity, the CFE said last weekend.
The eight new power plants will have total generating capacity of 3,145 MW, the CFE said. EFE