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It is understood that the administration will be forced to take procedural action.
He rejected reports in certain quarters raising concerns about the government's failure to collect tax arrears, calling them baseless.
Foreigners Regional Registration Offices in the country have been alerted with the aim of taking the accused youth into custody.
The case pertains to loss of Rs 374 crore in the Kerala State Electricity Board's (KSEB) contract with the Canadian-based SNC Lavalin.
In July, a youth had poured a liquid on the iron wires used for lifting the shutters of the dam.
The police are also looking at how the youth managed to take as many as 11 small locks inside the dam despite checks with metal detectors.
The prevailing power rates are valid till September 30.
Idukki police have registered an FIR against the accused invoking sections of the Official Secrets Act, 1923 based on a complaint filed by KSEB.
The mishap occurred at Bernard Junction near Kalavoor around 11.30 am.
The state is left with no option but to buy power from the private parties so as to avoid load shedding.