Honduras Seeks Funding for Hydroelectric

The Honduran Government needs $110 million in financing for construction of El Tablón dam on the Chamelecón River.

Friday, April 24, 2009

While the dam would generate only 20 megawatts, the authorities of the Executive Committee of Valle de Sula (CEVS) visualize the project as a "magnificent protection project for the Valle de Sula," given that "it will serve to regulate flow, generate electricity and provide drinking and irrigation water."

The Laprensahn.com website published: "The director of CEVS, Mark Sandoval, reported that the Minister of Natural Resources and the Environment, Tomás Vaquero, is the one delegated by the President, along with other entities, to manage the budget for the implementation of the macro-project. 'It seems that there is already progress with Kuwait,' Sandoval reported."

More on this topic

Honduras: Italy Invests $31 Million in Nacaome Region

June 2010

The funds will be used in to build a hydroelectric power plant, called “José Cecilio del Valle”, and to develop irrigation projects in the area.

Mauro Marazoma, Italian spokesperson in Honduras, remarked that they are now organizing the project, to communicate it to local communities and government entities.

Honduras: Construction of “Chamelecón” Dam Moves Forward

September 2010

The project to generate 11.5 megawatts is 50% complete and scheduled to begin operations in December 2011.

Adolfo Larach, president of the company declared that the estimated cost of the project is $ 34 million, and will be co-financed by “Banco del País” and “Banco Industrial de Guatemala.” The hydroelectric plant is located in the community of Sula.

$150 Million to Expand Salvadoran Hydroelectric

April 2009

Tenders for the project to double the capacity of the "5 de Noviembre” hydroelectric will begin in 2010.

The Río Lempa Hydroelectric Executive Committee (CEL) is currently reviewing the feasibility study and it expects to complete this stage in June or July of this year. The tender for the project would be for 2010. They believe that the expansion work will take 3 years and cost $150 million.

Taiwan Completes Studies for Patuca III Hydro Power Plant in Honduras

May 2010

The government of Taiwan delivered the required technical and engineering studies for building the hydroelectric power plant Patuca III.

Roberto Martín, Lozano, head of the National Energy Corporation (ENEE), explained that they are devising the project’s financial model: “for this the Government has some resources, we could maybe enter a public-private alliance”, he said.

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