At least from the GNU people, two separate projects exists for this matter:

libidn, the original IDNA translation (http://www.gnu.org/software/libidn/)
libidn2, the IDNA2008 translation (http://www.gnu.org/software/libidn/libidn2/manual/libidn2.html)

Btw.: Does Python provide a way to decode the ASCII-representation back to UTF-8?

>>> name.encode('idna')
'xn--mller-kva.com'

>>> name.encode('idna').decode('utf-8')
u'xn--mller-kva.com'

Otherwise I'd look for Python bindings of libidn2 or idnkit-2.