The sugar mill union could be investing $160 million in energy generation projects that use ethanol and in the construction of a biomass-based power plant.
Without giving further details, members of the sugar trade union reported that they are planning to build a biomasspower generation plant in the short term, which could be the most modern one in Central America.
Honduras has presented in the EIS for the expansion of a power plant based on bagasse with a required investment of $13.7 million.
The environmental impact study has been presented for the expansion of a power plant based on biomass, bagasse, cane stubble and sawdust in the town of San Juan de Flores, Francisco Morazán.
With the new law on biofuels in Honduras plans are to invest in technology in order to make better use of bagasse and triple the annual capacity for power generation.
The sugar sector currently generates 140 MW of energy a year, of which it sells 100 MW to the national electric power company at seven cents per kilowatt, and the rest is used for internal consumption by the enterprises themselves.
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