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Day: November 29, 2004

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Ofgem says distributors can raise prices by 1%

Ofgem says electricity distribution companies can increase charges by around 1% for the first year of a new distribution price control, which was announced on Monday. In final proposals for the price changes, effective from April 2005 for five years, Ofgem says

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$70m contract to strengthen Mexican power supply

ABB has won contracts worth $70m for three projects to strengthen Mexico’s power supply. The contracts, awarded by Comision Federal de Electricidad (CFE), the Mexican state-owned utility, will enlarge the transmission network in different parts of the country. Under the first contract

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