Siemens will also provide technical services during erection and commissioning of the equipment.
The company plans to manufacture the components at its Charlotte gas turbine manufacturing plant in North Carolina, US.
Siemens Mesoamerica Power and Gas Division vice president Jose Aparicio said: "The Energy Reform sets new power schemes in Mexico and advanced technology and proven solutions will play a major role during the transition process and to meet its objectives."
The contract is said to be the first for Siemens’ H-Class gas turbines in Mexico and Latin America.
A total of 48 H-class gas turbines are currently in operation in North and South America, Asia, Europe, and will be soon brough online in Africa, Siemens said.
The H-class turbines have so far logged more than 170,000 cumulative equivalent operating hours.
The consortium is working on the power project for the state-owned utility Comisión Federal de Electricidad (CFE) in Mexico.
Scheduled to be commissioned in November 2017 in the municipality of Empalme, the project is expected to generate about 1,500 jobs during the construction phase.