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Mexico to present electricity reform to Congress on Wednesday
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Mexico to present electricity reform to Congress on Wednesday
Jan 29, 2025 6:44 AM

MEXICO CITY, Jan 29 (Reuters) - Mexico President Claudia

Sheinbaum said that her government will send Congress on

Wednesday a bill intended to reform the country's electricity

sector and simplify the structures of state power firm CFE

and oil producer Pemex.

"This is a very deep reform," Sheinbaum said in a morning

conference, saying it aimed to shore up Mexico's energy reserves

while keeping prices accessible to residents.

Sheinbaum has pledged continuity with the policy

preferences of her predecessor Andres Manuel Lopez Obrador,

including his call for state control over energy.

The reform would give preference to state operators

while allowing for public-private partnerships.

Sheinbaum said the reform supports her administration's

industrial plan, which she presented earlier this month after

U.S. President Donald Trump's threats of imposing sanctions

against its top trade partners.

Sheinbaum added that her government would present an

investment plan for CFE next week.

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