The Government of Mexico, through the National Water Commission (Conagua), has officially launched the construction of the Tunal II Dam — a strategic project that will supply 1,500 liters per second of drinking water from the Tunal River to 340,000 residents of the city of Durango, ensuring water availability for the next 50 years.
Sources: Presidency of the Republic / Conagua
President Claudia Sheinbaum Pardo announced that by the end of January 2026, the “El Insurgente” Mexico–Toluca Train will be available for service, running from Toluca, State of Mexico, to Observatorio in Mexico City. The project, which has completed its civil and electromechanical works, will reduce travel time from two and a half hours to just 40 minutes and will enter its three-month testing phase.
Source: Presidency of the Republic
The General Director of the Railway Transport Regulatory Agency, Andrés Lajous Loaeza, presented a report on the current status of the passenger train project:
Construction progress:
Technical studies initiated:
Source: Presidency of the Republic
During the Informative Session of the Call for the Priority Attention of Electric Power Generation Permit Applications, the Secretary of Energy, Luz Elena González Escobar, highlighted that this is an innovative and unique process that represents a radical change in the way permits are granted by the energy sector.
Source: Ministry of Energy (SENER)
Considered a key document for the development and modernization of the Electric Sector infrastructure with a 15-year outlook, the Ministry of Energy (SENER) published in the Official Gazette of the Federation the Electric Sector Development Plan, which serves as one of the guiding documents of the national energy policy. It establishes the framework for planning within the Energy Sector over the short, medium, and long term.
Source: Official Gazette of the Federation
Source: Office of the Presidency
On Friday, October 3, the regulations of six secondary laws were published, strengthening the regulatory framework of the energy sector.
The publication of these regulatory documents in the Official Gazette of the Federation (DOF) governs activities and will enable the proper implementation of the country’s new energy model, laying the foundation for building a stronger, more sustainable sector aligned with the needs of the people of Mexico:
Regulation of the Hydrocarbons Sector Law
Regulation of the Geothermal Energy Law
Regulation of the Electric Sector Law
Regulation of the Biofuels Law
Regulation of the Energy Planning and Transition Law
Regulation of the Hydrocarbon Revenue Law
Source: Ministry of Energy / DOF
Fitch Ratings upgraded Petróleos Mexicanos’ (Pemex) long-term local and foreign currency issuer default ratings (IDRs) from ‘BB’ to ‘BB+’. The rating outlook is Stable.
The upgrade follows Pemex’s successful execution of a USD 9.9 billion public tender offer across eight bond series, financed with funds provided by the Mexican government.
Source: Fitch Ratings
Grupo Carso informs the investing public of the signing of a Well Drilling Services Contract financed with Petróleos Mexicanos for the Ixachi Field.
The contract provides for the drilling and completion of up to 32 wells over a three-year period, with a maximum contract value of USD 1,991 million, including financing.
Source: Grupo Carso
As part of Plan México, through the Ministry of Economy, the Government of Mexico announced an investment of 4.8 billion USD by the company CloudHQ for the construction of six data centers in Querétaro, which will create 7,200 highly skilled jobs in the construction sector and 900 permanent positions.
Source: Presidency of the Republic
