Siemens Energy has been awarded a contract to build a combined cycle power plant in Mexico.

The plant will have an installed capacity of 250 MW and will provide electricity to Minera Mexico’s copper mines/

Siemens will provide the full turnkey supply of the plant, which comes online in 2013.

Xavier Garcia de Quevedo, Grupo Mexico’s Executive President said: “Electric power accounts for 30% of operation costs and the plant will meet our power needs in the State of Sonora, providing a 40% reduction in costs.”

2010 saw Siemens make €28 billion from their portfolio of technologies.

Michael Suess, CEO of the Fossil Power Generation Division of Siemens Energy said: “Mexico is an attractive energy market. We see prospects in fossil- and renewables-based power generation, power transmission and distribution, and in the oil and gas sector.”