The international bidding process initiated by the Honduran Government has been beset with problems since it was announced.
The current setback is that the National Electricity Company (ENEE), is facing resource problems, making it unable to pay 34 cents per kilowatt hour to generate the power and then sell it to consumers at 14 cents.
An article in Dlgtradingroom.com states: "Roberto Martinez Lozano, the manager of the state run company affirms that 50 megawatts are needed because demand is almost equal to the availability of energy in the interconnected ENEE -1 system, 250 MW-, but prices offered by the three companies qualified for bidding, Reimcasa, CECHSA and Nacional de Ingenieros - are high, which in the opinion of the interviewee can be explained by the high price of diesel in the domestic and international markets. "
Source: Inversiones y Finanzas
More on this topic
April 2011
Of the three offers received, the ones submitted by Nacional de Ingenieros and Cechsa have the greatest chance of success.
Nacional de Ingenieros's offered $14,500 for power supply, $4,500 for operations and maintenance, with no variable operational and maintenance charges. The company's performance per gallon of diesel is 14 KWh.
April 2011
Of the 14 companies that expressed an interest, only Reincasa, Cechsa and Nacional de Ingenieros submitted offers.
The technical evaluation committee will consider efficiency, price and timescales before awarding the contract in no more than two weeks.
The president of the Honduran National Energy Committee, Napoleón Soto Velásquez, explained to Proceso Digital that, "14 companies requested the bid documents but only three have submitted offers. These three are Reincasa, Cechsa and Nacional de Ingenieros".
May 2009
The construction of the 150 MW plants does not progress as expected.
Two companies, Cecsah (Comercializadora de Electricidad Centroamericana de Honduras) and Vetasa (Vehículos de Trabajo S.A.), have contracts with the National Electric Energy Company (ENEE) for the set up of 150MW coal power generation plants.
June 2011
The National Electricity Company will extend from 2 to 10 years the CECHSA company's contract .
The Comercializadora de Energía Centroamericana de Honduras (CECHSA) has been criticized for not complying with the supply of 50MW of power via bunker fuel and for failing to initiate the construction of the plant which will use coal to produce 150 MWs.