Venezuela signs deal with General Electical to rebuild its power grid
Le Monde · 16 Jun 2026

Venezuela signs deal with General Electical to rebuild its power grid

Venezuela's interim president, Delcy Rodriguez, announced the agreement with the US utility giant on Monday. Venezuela currently consumes about 16% more electricity than it generates.


AI Translated Summary:
Venezuela has signed an agreement with General Electric to rebuild its power grid, addressing a significant electricity deficit. The deal comes as the country struggles with a consumption rate that exceeds its generation capacity by 16%.


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