Transcanada wins second pipeline deal in Mexico

Mon Nov 5, 2012 7:28am EST
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Nov 5 (Reuters) - TransCanada Corp said its Mexican unit was awarded a $400 million contract from Mexico's federal power company to build the El Oro to Mazatlan pipeline.

The latest contract is an addition to the $1 billion contract that TransCanada won from the Comision Federal de Electricidad last week.

The pipeline is expected to be in service in the fourth quarter of 2016, the company said.

The 413 km (260 mile) pipeline will be built in the north-western state of Sinaloa.