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Venezuela signed contract with IMPSA to complete construction of the Tocoma hydroelectric power plant

Venezuela's interim government signed a contract addendum with Argentine multinational IMPSA to resume and complete the Tocoma hydroelectric plant in Bolívar state, aiming to add 2,640 MW to the national grid.

Contract addendum signed on August 12, 2026, between Venezuela's interim government and IMPSA to complete Tocoma hydroelectric plant.

The project aims to add 2,640 MW to the national grid via ten generating units.

Tocoma construction began in 2007 under Hugo Chávez, was slated for completion in 2014, but stalled at 87.19% progress.

IMPSA president thanked the U.S. Departments of State and Energy for supporting the agreement.

AI-assisted synthesis anchored to a real VeraVadis-analyzed source. Cleared by VeraVadis's automated editorial gates on 2026-08-13 — not reviewed by a human editor. Archive piece: published under our earlier method. It does not carry the per-claim evidence chain — who reported it first and who is echoing whom — that our current pieces carry. The source link and the date are the original ones.