# GE Vernova and Venezuelan energy infrastructure projects

> Developing situation record from CLSTR: https://clstr.news/situations/ge-vernova-energy-infrastructure-projects
> Updated: 2026-10-28T18:05:54.000Z. Sources: 16. Developments: 2.

GE Vernova is engaged in various international energy infrastructure developments. In Vietnam, the company signed an agreement with VinEnergo, a member of Vingroup, to supply gas turbine technology for the Hai Phong LNG Power Plant. This project, with a design capacity of 4,800 MW, aims to begin operations by the end of 2030 using technology capable of burning fuel mixtures containing up to 50% hydrogen.

In Venezuela, GE Vernova has paused the physical execution of repairs for the national electrical grid. While the company has completed engineering and operational planning following a framework agreement with the state utility Corpoelec, CEO Scott Strazik stated that the firm is awaiting an initial capital injection before beginning field work. The company maintains it will not execute field operations without guaranteed upfront payment.

Parallel to GE Vernova’s status, the Argentine-American engineering firm IMPSA has officially commenced a modernization and rehabilitation project for the Macagua and Tocoma hydroelectric plants in Bolívar state, Venezuela. This initiative, supported by over 300 million dollars in government allocation, aims to recover 672 MW of generating capacity over a 24-month period.

At the Macagua plant, the project focuses on rehabilitating units 4, 5, and 6 to restore 240 MW, with the first 80 MW turbine expected to be operational by December 2026. At the Tocoma plant, the project involves installing two high-efficiency Kaplan turbines to contribute 432 MW to the grid. The project was announced by interim president Delcy Rodríguez in the presence of officials from Corpoelec and U.S. Chargé d’Affaires John Barrett.

## Claims

- IMPSA has begun rehabilitation and modernization of the Macagua and Tocoma hydroelectric plants. (reported by 9 sources)
- The project aims to recover 672 MW of capacity within 24 months. (reported by 9 sources)
- The project involves cooperation between representatives from Venezuela, Argentina, and the United States. (reported by 8 sources)
- The first 80 MW turbine at Macagua is scheduled to be operational in December 2026. (reported by 6 sources)
- Tocoma plant will receive two Kaplan turbines providing 432 MW. (reported by 5 sources)
- The total investment for the Macagua and Tocoma projects exceeds 300 million dollars. (reported by 4 sources)
- GE Vernova is waiting for payment from Venezuela before starting electrical grid repairs. (reported by 2 sources)
- The Macagua rehabilitation includes units 4, 5, and 6 to restore 240 MW. (reported by 2 sources)

## Timeline

### 2026-10-28: IMPSA begins hydroelectric rehabilitation in Venezuela

IMPSA has started rehabilitating Venezuela's Macagua and Tocoma hydroelectric plants, aiming to add 672 MW to the national grid within 24 months through a 300 million dollar investment.

13 sources. https://clstr.news/cluster/ge-vernova-awaits-payment-to-begin-venezuelan-power-grid-repairs

### 2026-10-22: GE Vernova to supply gas turbine technology for Vingroup LNG project

GE Vernova will provide 9HA.02 gas turbine technology for Vingroup’s 40,000 billion VND Hai Phong LNG power plant project in Vietnam.

3 sources. https://clstr.news/cluster/ge-vernova-to-supply-gas-turbine-technology-for-vingroup-lng-project

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Cite as: GE Vernova and Venezuelan energy infrastructure projects. CLSTR, https://clstr.news/situations/ge-vernova-energy-infrastructure-projects