Hydroelectric Mega Project Cancelled in Honduras

"Power Company Taiwan," which would have initiated work in October, announced the suspension of the investment.

Thursday, May 7, 2009

The Patuca III project consisted of building a hydroelectric dam to generate clean energy for the Olancho municipalities of Catacamas and Patuca.

La Prensa reported in its digital edition: "The very President of Taiwan, Ma Ying-jeou, explained that the suspension of the investment has nothing with him not visiting Honduras.
He ruled out there being any tensions in diplomatic relations between the two countries."

More on this topic

Hydroelectric Project Suspended in Honduras

June 2014

Work has stopped on the Patuca III hydroelectric project pending funding which is being negotiated with the Chinese government for the continuation of the second stage.

Lack of funding and problems with the expropriation of land surrounding the project are part of the problems that this project has faced since it was first conceptualized in 2010.

Honduras: Construction Starts on Patuca III

May 2011

In the southeast of the country between Olancho and El Paraíso, the construction of the hydroelectric project is beginning.

By October 2013 the main works should be completed and commercial operation is expected to start in 2014.

The new hydroelectric plant will generate 104 megawatts, produced by two Kaplan turbines of 52 megawatts each.

Construction of Patuca III is Official

May 2011

The Honduran Council of Ministers signed contracts with China's Sinohydro for the construction of the plant.

Carlos Dias, project manager, told the media after the signing of the agreement, that they hope to be conducting the first tests in November 2013.

The president of the National Electric Power Company, ENEE, Roberto Martínez Lozano, mentioned to Laprensa.hn that "...

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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