Venezuela has signed an agreement with multinational firm IMPSA to finish construction of the Tocoma Hydroelectric Plant. The project, currently 87.19% complete according to Transparency Venezuela, aims to stabilize the country’s electricity supply and stimulate economic growth, as stated by Vice President Delcy Rodríguez. The dam’s completion has been long-delayed, and the new agreement signals a renewed effort to address chronic power outages. Details of the financial terms of the agreement were not immediately disclosed. Critics suggest the project’s revival may be politically motivated, given upcoming elections. The government maintains the plant is crucial for long-term energy security and economic recovery. The project’s success is seen as vital for improving living conditions and attracting investment.