️🇻🇪🇨🇳Bloomberg: Venezuela is preparing to restart a major power plant with help from China, as Carcass seeks to address ongoing power shortages and restore its deteriorating power infrastructure.
China Mechanical Engineering Corporation is scheduled to commission a 600-megawatt oil-fired unit next month at Planta Centro.
The plant would be a significant investment in Venezuela's underfunded energy infrastructure, but could cause a problem with the Trump administration's goal of reducing Chinese interest in the country.