The Chiligatoro Project’s Water Contract, approved and granted by Secretaria de Recursos Naturales y Ambiente, Honduras’s Natural Resources and Environmental Ministry, assigns the rights to exploit the National water rights of the Chiligatoro and Grande de Manazapa Rivers by the Chiligatoro project.
The Water Contract is attached to the 30-year Operations Contract and is renewable with the Operations Contract.
The Water Contract and the Operations Contract, allows the Chiligatoro project to be formally submitted to Empresa Nacional de Energia Electrical for power purchase agreement and National Congress for Final Approval and National Registration.
