IADB $150m loan boosts electric energy projects in Honduras

The Inter-American Development Bank has agreed a $150 million loan to support a national electric energy transmission program in Hondura to reduce power outages.

The loan will help strengthen Honduras's National Transmission System by financing priority works under the National Electricity Energy Company's investment program. The program will also boost service quality by reducing power outages, expanding the transmission system at national level, increasing the volume of transactions at the regional electricity market, and raising power service coverage at national level.