July 25, 2024

Venezuela’s electricity industry facing multiple challenges

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A recent report by a group of experts to which EFE gained access estimates that reactivating Venezuela’s electric system would cost some $15 billion, and perhaps as much at $18 billion. In any case, a preliminary program says that it will take three years to do the job, using as a basis the priority activities of thermic power generation and getting the state-run oil company PDVSA operating efficiently again. By Gonzalo Dominguez Loeda. Full Text -> LaPrensaLatina

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