Three auto-transformers will add 600MW of transmission capacity to the Cuatricentenario substation near Maracaibo, according to state power utility Corpoelec.
Fotowatio Renewable Ventures (FRV), part of Saudi Arabian firm Abdul Latif Jameel Energy, is the latest company to announce the start of works on a renewable energy project in Mexico, after it was awarded in Mexico's second long-term power auction in September 2016.
Approval of the bill is expected to be tough, as political opposition to the Brazilian company's privatization is growing in the run-up to October's presidential election.
Local associations celebrate the country's decision to become a member of the International Renewable Energy Agency.
The public consultation for distributed generation regulations forms part of a government drive to diversify the energy mix and encourage investment in non-conventional renewable resources.