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Genesis Energy's natural-gas plant in Puerto Cortés, meant to supply fuel to utility Brassavola and replace diesel generation, has missed its original November 2024 deadline by nearly two years with five rescheduled start dates and minimal visible construction progress.

The Evangelical Fellowship of Honduras called for broader, technically-grounded public debate on proposed electrical-sector reforms, emphasizing that any modernization must preserve ENEE's state ownership and protect Honduran households and businesses from service disruptions and high costs.

Lawmakers will hold special sessions on June 30 and July 1 to debate and vote on government-backed reforms to restructure state utility ENEE, with Congress president Tomás Zambrano stressing that privatization is off the table.

Congress says it has secured the 65 votes needed to approve electricity-sector reforms aimed at modernizing the system and addressing ENEE's mounting losses—about 1.5 billion lempiras monthly—while rejecting opposition claims the measures would privatize the state utility.

Honduras's largest power plant, El Cajón, which supplies about 30% of the nation's electricity, is at risk of forced shutdowns due to aging equipment past its useful life and delays in purchasing critical replacement parts, engineers warn.

President Nasry Asfura said his administration will not privatize the state power utility ENEE but will pursue efficiency reforms and modernization to address the company's mounting losses, which he called Honduras's main economic problem.

Congress is prepared to review the executive's proposal to restructure the state electricity utility ENEE to reduce its 38% loss rate—which costs the state approximately L1.3 billion monthly—and lower electricity costs for consumers.

A draft law sent to Congress would restructure Honduras's electric system by splitting state utility ENEE into a holding company, creating an independent system operator, and opening the market to new generators and retailers, with experts projecting potential savings of $3.6 billion.