Petronet LNG is planning to set up a 750 MW gas based power project near its LNG terminal in Kochi in Kerala with an investment of Rs. 30,000 million. The project may be set up under a joint venture as Kerala is a power deficit state. It may be noted, Petronet LNG had also planned to set up a 1200 MW gas based project near its Dahej terminal in Gujarat but has not taken off, as Gujarat has become a power surplus state.
Further progress may be seen by end of 2012