The State government has decided to ink a pact with Petronet LNG, a Government of India joint venture in energy sector, for a 356 MW Combined Cycle Gas Turbine (CCGT) power plant at Puthuvype. The project is expected to cost Rs.2,250 crore.

According to an official release here, a meeting chaired by Chief Minister Oommen Chandy here on Wednesday decided to sign the contract with Petronet, which suggested the integrated CCGT power plant to be set up along with the proposed LNG terminal at Puthuvype.