After the failure of two tenders for the repair of cracks in El Cajon, the contract for approximately $30 million will be awarded directly.
Empresa Nacional de Energía Eléctrica (ENEE) has $30 million available to carry out the work."We have to look at the parameters and see if the law allows us to negotiate a contract directly. When you do not have any bidders, you take the ones that are there and follow the path with them directly," said Emil Hawitt, manager of the company.
The second tender for repairing the cracks in the El Cajon hydroelectric station has been declared void because bidders lacked the required technical ability.
This is the second time that the tender to repair the leaks in the curtain and the rocky walls of the hydroelectric station Francisco Morazán, better known as "El Cajon", has been declared void by Empresa Nacional de Energía Eléctrica (ENEE).
On September 24, a Honduran delegation will travel to China to finalize the signing of the $295 million loan that will enable the realization of the hydroelectric project.
"The loan, including all expenses, will have an interest rate of 5.44% over 15 years with a three year grace period. The conditions are very attractive," said Emil Hawitt, general manager of Empresa Nacional de Energía Eléctrica (ENEE).
The Industrial and Commercial Bank of China will provide the funds to carry out the Patuca III hydroelectricity project.
The plant is planned to be built in the eastern region of Honduras, and will have capacity to generate up to 524 megawatts of clean energy with a total price of $1.2 billion.
Elheraldo.hn reports that the government of Porfirio Lobo is negotiating the remaining resources with the World Bank, the Inter-American Development Bank, the Central American Bank for Economic Integration, Taiwan and Europe.
The project, which was initially promoted by the Taiwanese State Power Company , was canceled in 2009, and now $300 million is being sought in China for its implementation.
Wilfredo Cerrato, Minister of the Ministry of Surety (SEFIN) and Foreign Minister Arturo Corrales, are touring mainland China in order to complete the process of negotiations for the financial support of about $300 million with which the project Patook III would be carried out.
The National Electricity Company of Honduras is putting out to tender maintenance of underground construction works at the hydroelectric station General Francisco Morazán.
The objective of the international tender is to hire out special maintenance works on the hydroelectric station Francisco Morazán.
The deadline for submission of proposals is May 9, 2013.
The administration of the Francisco Morazán reservoir announced that next March a tender will be re-launched for a project to repair cracks in the El Cajon hydroelectric dam.
Cracks in the Francisco Morazán hydroelectric station are causing state losses of over $2 million a year because of the water that is lost instead of going to the engine room.
The National Electricity Company of Honduras announced that there will be another international tender for repairing leaks at the hydroelectric plant.
The contract to repair the leaks in the power plant "El Cajon", which favoured the company Rodio Swissboring Centroamérica, which bid $39.5 million, has been declared unsuccessful, said the manager of the National Electricity Company (ENEE), Roberto Cardona .
The National Electricity Company of Honduras has announced an international tender for works on the Francisco Morazan hydro station, worth about $200 million.
The works to be completed include repair of leaks in the "El Cajon" dam that occurred after the earthquake measuring 7.3 on the Richter scale on 28th May 2009.
This phenomenon led to an increased volume of water through a series of leaks in the rock, tunnels and in the curtain of the hydroelectric station, according to ElHeraldo.hn.
Honduran investors suspect the government of favoring a Brazilian company for the construction of two hydroelectric plants.
The Honduran business sector has rang alarm bells at what they believe is a lack of transparency and favoritism by the local authorities to a Brazilian company over the building of two power plants, a 600 million dollars venture.
The organization will contribute $98 million for the construction of the Hydroelectric Project ‘Vegona’.
The IFC, a member of the World Bank and Oesterreichische Entwicklungsbank AG (OeEB) will provide $98 million to fund the largest hydropower project in Honduras, to be built by Compañía Hondureña de Energía Renovable S.A. (COHERSA).
The project will generate 181 gigawatt hours of electricity per year, and will be financed with a principal loan granted by the IFC, and another syndicated one to be provided by the Development Bank of Austria (OeBD).
Complaints are being made about the slowness of the proceedings in various branches of government which are stalling the project to build Hondura's Patuca III hydroelectric plant.
Deputy Francisco Rivera, chairman of the Budget Legislative Commission, reported the situation to Congress, noting that the institutions involved will be investigated in order to determine the causes.
In September, the regulator will start the bidding process to hire a company to undertake repairs and maintenance.
The cost of repairs according to information from the National Electricity Company (ENEE), is about $20 million.
Sub technical manager of ENEE, Leonardo Deras told Latribuna.hn that domestic and foreign experts have agreed on the urgency of initiating repairs and maintenance.
Authorities in Tomalá, western Honduras, are discussing construction of a 13 MW hydroelectric plant.
Authorities and representatives of different sectors of society held a meeting to establish legal structure, the environmental studies, permits and financing.
"The initiative will operate through a model of community participation and has been technically supported from the beginning by UNDP, which contributed in planning, land management and setting priorities for community development," reported Proceso.hn.