Entrepreneurs are complaining that ENEE favors companies producing electricity with imported raw materials.
Energy developers are complaining that the National Electricity Company (ENEE) is negotiating contracts with companies that work with imported raw materials, while a number of renewable energy projects are stalled due to lack of resolution.
The Honduran Government needs $110 million in financing for construction of El Tablón dam on the Chamelecón River.
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 Odebrecht company will be in charge of constructing the Los Llanitos and the Jicatuyo hydroelectric dams in the Santa Barbara department.
Latribuna.hn reports on its website: "The work to be carried by the foreign company includes the design, construction, operation, maintenance, and transfer of the hydroelectric plants which will have an installed capacity of 271 megawatts, and an annual generation of 1,037 kilowatt-hours.
The government vetoed the reforms to the Law of Renewable Incentives which would have provided incentives to small developers of hydroelectric plants.
According to reports on Elheraldo.hn, "President Manual Zelaya vetoed the reforms to decree number 55-2008 which would have provided incentives to small developers of hydroelectric plants.
The complaint was made by the president of the Honduran Association of Small Producers of Renewable Electric Energy (Ahpper), Elsia Paz."
Costa Rica-based Grupo Saret aims to become one of the leading players in electricity generation in Central America.
Saret aims to seek a partner with experience in the industry so it can compete with companies such as Enel of Italy and Spain's Unión Fenosa.
Already it has plans to build several plants in southern Costa Rica, as well as in northern Panama and Nicaragua.
Russia is interested in providing technology for the construction of hydroelectric schemes in Honduras, according to Yan Burliay, the Russian foreign ministry's director for Latin America.
Burliay foresaw potential for the development of trade between the two countries. "Russia imports nearly everything that Honduras imports," he said.
He added that Russia would like to provide state-of-the-art technology and machinery for Honduran hydro developments.