The Kerala Government and Petronet LNG will sign a contract for setting up a Rs 2,250-crore power plant as part of the LNG terminal at Puthuvype in Kochi.
This will be a combined cycle gas turbine project with a capacity of 356 MW, an official spokesman announced here.
A decision to sign the contract was taken at a high-level meeting chaired by the Chief Minister, Mr Oommen Chandy.
Petronet officials are of the view that ‘cold energy’ from the power plant would add significantly to the State’s energy security.
The project would be completed in 50 months if the 50 acres required were made available. Officials said efforts in this direction were already on.
The contract would be signed only after further rounds of discussions were completed, the spokesman said.
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