With an expenditure of Rs 3,200 crore Kerala State Electricity Board (KSEB) will set up a 400 mw LNG-based power plant at Brahmapuram. The Board Chairman M Sivasankar said that KSEB would fund the project on its own.He added that the Board had to shell out Rs 7,800 crore to purchase power last year. On an average, it spends Rs 700 crore per month to purchase power. He said the generatio plant will significantly ease the power shortage in the state.
He said in Kochin on July 13 that the Board would move an application for environmental clearance for the Brahmapuram plant next week.