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

Union textiles minister Smriti Irani addressing at the Texprocil Annual Export Awards. Courtesy: PIB

Textiles | On 22nd Oct 2016

Govt to extend special package to home textiles segment

The Central government is likely to extend the recently approved Rs...

Reebok Liquid Speed Grey. Courtesy: Business Wire

Apparel/Garments | On 22nd Oct 2016

Reebok’s Liquid Factory brings sneaker creation to US

Reebok, a pioneer in the sporting goods industry, has brought sneaker ...

Courtesy: GHCL

Textiles | On 22nd Oct 2016

GHCL to invest Rs 67.25 crore in textile division

Chemicals and textiles firm GHCL will invest Rs 67.25 crore in its...

Interviews View All

Cyril Pereira
Reed Exhibitions India, organiser of Asian Machine Tool Exhibition 2016

'Major problem in the textile machinery manufacturing industry is the lack ...

Rajiv Sirohi

‘Portugal is taking away a major share of the mill made sector.’

Amrit Sethia

‘The intimatewear category in India is slowly becoming trend-sensitive.’

Marcel Alberts

Coating at a fibre level is a practice not usually seen in the...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Pranav Mishra

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

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

October 2016

October 2016

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


Browse Our Archives


Advanced Search