January 27th, 2012 by InvestorPoint

MEXICO CITY, Jan. 27 (UPI) -- Mexico needs to generate more electricity to meet the needs of its burgeoning population and developing industries but that seems increasingly tied to the prospect of future economic growth, latest data indicated. Mexico's electricity industry is dominated by the state-run Comision Federal de Electricidad, the only company allowed to provide electricity distribution and transmission services in the country. Private sector pleas for more autonomous and independent operat...continued