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The supply deals, struck in 2014 when the UDF was in power, allowed KSEB to import 465 MW power at a price ot more than Rs 4.29 per unit for 25 years.
As the south-west monsoon is now in the withdrawal phase, the rains are expected to reduce from Wednesday, October 4, onwards, IMD sources said.
Thiruvananthapuram, Kollam, Pathanamthitta and Alappuzha districts received isolated heavy rain on Monday.
The summer rainfall deficit due to El Nino could make staples such as sugar, pulses, rice and vegetables more expensive and lift overall food inflation.
The highest deficient monsoons so far recorded in the state’s history are in 1918 and 1976, respectively.
The India Meteorological Department has said Kerala will witness heavy downpours in October.
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Westerly winds have strengthened along the coast of Kerala in the Arabian Sea.
A yellow alert has been issued in Pathanamthitta, Alappuzha, Kottayam, Idukki, Ernakulam, Thrissur, Malappuram, Kozhikode, Kannur and Kasaragod districts.
Alappuzha, Kottayam, Ernakulam, Idukki, Thrissur, Malappuram, Kozhikode, Kannur, Kasaragod are under yellow alert today.