Venezuela and IMPSA advance the reactivation of Tocoma and Macagua
The Venezuelan government and IMPSA moved from a strategic agreement announced in June to the signing, in August 2026, of the instrument establishing the reactivation of units at the Manuel Piar hydroelectric plant, known as Tocoma, and the rehabilitation of equipment at Macagua.
A phased recovery plan. The agreement announced in June, updated through the signing of a definitive instrument in August, establishes works at Tocoma and Macagua, two facilities of the Lower Caroní hydroelectric complex, in Bolívar state.
Tocoma was designed with ten generating units and a capacity of 2,160 megawatts. The combined master plan foresees adding up to 2,640 megawatts: 2,160 MW from Tocoma and 480 MW associated with the recovery of units at Macagua.
The combined Tocoma and Macagua master plan projects reaching up to 2,640 megawatts of capacity.
A first phase of 672 megawatts
The first phase includes work on units 1 and 2 at Tocoma and units 4, 5 and 6 at Macagua. IMPSA reported a target of 672 megawatts within 24 months, with an initial addition of an estimated 160 megawatts during the first 90 days.
These figures are plan targets, not capacity already added. The phased approach will allow the project's operational and technical progress to be verified step by step.
Restoring power infrastructure is a key condition for industrial activity. Clearly identified projects, owners and timelines give a reference point to anyone assessing productive investments that depend on a stable power supply.
