Home / Knowledge / News / Textiles / Honduras to invest in biomass power for textile industry
Honduras to invest in biomass power for textile industry
Oct '13
The manufacturing industries operating in the Free Trade Zones (FTZs) of the Central American republic of Honduras, known as Maquila, which includes textiles and clothing industries, would be investing US$ 320 million for developing 4 projects for generating electricity through biomass during the period 2013-15, according to a report by the Central Bank of Honduras (BCH).
The BCH report titled ‘The goods for Maquila industry and related activities in Honduras’ states that the manufacturing industries would continue to develop the strategy for using electricity based on biomass to replace the thermal energy which is purchased at higher prices.
The biomass power strategy would have a positive impact on the Maquila industry of Honduras and would also increase competitiveness in the sector, the report adds.
According to the report, in 2012, the Gross Value Production of the manufacturing industry of Honduras recorded a moderate growth of 2.4 percent, while the Gross Value Production of textiles and clothing declined during the year.
The BCH report released by Honduran Maquila Association (AHM) states that between December this year and 2015, in total four biomass projects would come into operation in the country.
Two of the Biomass projects would be set up in the Choloma municipality, by the Department of Cortes, with an investment of US$ 180 million and power generation capacity of 60 Mega Watts.
The third project would be set up in the town of Potrerillos, with an investment of US$ 60 million and power generating capacity of 20 Mega Watts, whereas the fourth project would be set up in the municipality of Quimistan, Santa Barbara, for US$ 80 million and power generating capacity of 26 Mega Watts, the report adds.

Fibre2fashion News Desk - India

Must ReadView All

Apparel/Garments | On 23rd May 2017

Gap Inc earns $3.4 bn in net sales in Q1 FY17

Gap Inc's net sales for the first quarter of fiscal year 2017 were...

Textiles | On 23rd May 2017

Grasim's VSF business net revenue up 12% in Q4 FY17

The viscose staple fibre (VSF) business of Grasim Industries has...

Apparel/Garments | On 23rd May 2017

Apparel, footwear use may rise by 63% in 2030: Report

The apparel and footwear consumption is projected to rise by 63 per...

Interviews View All

Marazban F Velati
Sutlej Textiles & Industries limited

No training can be effective till the candidate believes in it.

Pinkesh Jain
Everflow Petrofils Ltd

‘An innovative technology which India needs desperately is the...

Kaizad Hansotia

Competition is the best thing that can happen to a startup

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Eric Scholler

The Indian market has huge potential in technical textiles, and by far,...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Robert Brunner

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies


news category

Related Categories:
May 2017

May 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Browse Our Archives


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search