With the southwest monsoon remaining weak over Kerala, the Kerala State Electricity Board (KSEB) is being forced to spend heavily on power purchases to keep supply stable.
According to Electricity Minister K. Krishnankutty, the State is now spending between ₹10 crore and ₹15 crore a day on purchases via energy exchanges. The Minister is scheduled to convene a meeting on Wednesday to review the power situation.
The storage in hydel dams managed by the KSEB has been stagnant at 37% (equivalent to 1543.72 million units) with the State receiving scant rainfall over the past several weeks. The KSEB has reduced hydropower generation to a minimum, given this situation.