Tender of Hydroelectric Turbine for El Cajon

Officials in Honduras are negotiating a $70 million loan with the World Bank for a fifth turbine in the hydroelectric station El Cajon.

Monday, October 5, 2015

The process for installing the 75 MW turbine was going to be developed through a concession, but the plans have been changed and now the government has announced that it will be tendered, after negotiating funds with the World Bank, for the installation of the turbine in the plant.

Elheraldo.hn reports that "... The estimated investment is around 70 million dollars, which as yet are not available, but are being negotiated through a loan from the World Bank (WB) to support the energy sector. 'In the second transaction of approximately $150 million being prepared with the World Bank, 70 million are being reserved for the possibility of it being approved and we enter into a tender process to contract out the installation of a fifth turbine ' explained the technical manager of the ENEE, Leonardo Deras. "

"... In early 2014, the President of the Republic, Juan Orlando Hernandez, offered the project to entrepreneurs in the north in order to supply energy to the industrial parks at preferential prices, but they had to generate new sources of employment. However, the agreement did not materialize the authorities claim that the state will not benefit from a concession to the private sector. "

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