Venezuela, Impsa Sign 2,640-MW Tocoma Deal to Restore Power Grid
Updated
Updated · Bloomberg · Jun 13
Venezuela, Impsa Sign 2,640-MW Tocoma Deal to Restore Power Grid
3 articles · Updated · Bloomberg · Jun 13
Summary
Venezuela signed an agreement with Argentina’s Impsa SA to finish the long-stalled Tocoma hydroelectric plant and support repairs to the national power system.
2,640 megawatts would be added to the grid if the project is completed, according to a statement from Venezuela’s presidential office posted on Telegram.
The deal ties Tocoma’s completion directly to efforts to stabilize Venezuela’s deteriorating electricity network, making the dam a central piece of broader grid restoration.