Commercial operation of the first 1,000 MW unit at Kudankulam Nuclear Power Project (KNPP) is expected to happen only next year with the Central Electricity Regulatory

The Karnataka Government has signed two long-term power purchase agreements (PPAs) for 992 MW with Damodar Valley Corporation (DVC) and Nuclear Power Corporation of India Ltd (NPCIL). The agreement with DVC is for 450 MW at Rs 4.40 per unit and with NPCIL for 442 MW from the Kudankulam nuclear power plant at Rs 3.30 a unit.

Fast-tracking the campaign to position Kerala as a thriving industrial state and hotbed for investments, Chief Minister Oommen Chandy today made an impassioned plea to top guns of the industry and corporate