Senate approves new Energy Law in Honduras | News
The National Congress of Honduras sanctioned this Thursday the new Electric Power Law, an initiative proposed by President Xiomara Castro, which will allow the nation to readjust contracts with private companies to guarantee public service and a human right.
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In this sense, the regulations have 21 articles which were approved in their entirety in order to solve the difficulties faced by the state electricity entity, which maintains a financial debt equivalent to 75,600 million lempiras (3,102 million dollars).
Thus, the recently approved law establishes that “access to electricity is fundamental for the guarantee of other human rights, in this way they recognize that the availability of electricity for cooking and lighting is required for decent housing.”
According to the manager of the state-owned National Electric Energy Company (Enee), Erick Tejada, the Central American country’s electricity coverage is 85.13 percent, representing the lowest rate in the entire region.
He also added that 300,000 people do not have access to electricity in the nation; and the debt contracted by the Enee company covers 10 percent of the country’s Gross Domestic Product (GDP).
⚡️Congressman Pro Secretary @FabricioHN1:
➖This law recognizes Electric Energy as a public good.
➖Guarantees energy to the entire population.
➖Review of all leonine contracts.
➖The contract with the EEH will be reviewed.
➖Cero NGOs. pic.twitter.com/9y2pjRvy9d
– National Congress of Honduras (@Congreso_HND)
May 12, 2022
It is worth noting that Honduras requires at least 1,700 megawatts, of which 60 percent is generated by thermal plants that work with petroleum derivatives, a very expensive process for the country.