Business
India's National Grid Operator 'POSOCO' Changes Its Name To 'Grid Controller Of India'
Swarajya Staff
Nov 15, 2022, 09:11 AM | Updated 09:11 AM IST
Save & read from anywhere!
Bookmark stories for easy access on any device or the Swarajya app.
India’s national grid operator Power System Operation Corporation Limited (POSOCO) on Monday (14 November) announced changing its name to “Grid Controller of India Limited”.
The change in name has been made to reflect the critical role of Grid Operators in ensuring integrity, reliability, economy, resilience and sustainable operation of the Indian electricity grid, according to a Power Ministry release.
"Grid Controller of India Limited (Grid-India) name change is a welcome step as it has unique position at the heart of India’s energy system connecting people to the energy they use. It explains the functions performed by the Grid Managers in the country at National and Regional Levels,” said S R Narasimhan, Chairman and Managing Director, Grid Controller of India Limited.
Grid-India operates the National Load Despatch Centre (NLDC) and five Regional Load Despatch Centres (RLDCs).
Grid-India is also designated as the nodal agency for major reforms in the power sector such as implementation and operation of Green Energy Open Access Portal, Renewable Energy Certificate (REC) mechanism, transmission pricing, short term open access in transmission, Deviation Settlement Mechanism, Power System Development Fund (PSDF), etc.
Save & read from anywhere!
Bookmark stories for easy access on any device or the Swarajya app.
Introducing ElectionsHQ + 50 Ground Reports Project
The 2024 elections might seem easy to guess, but there are some important questions that shouldn't be missed.
Do freebies still sway voters? Do people prioritise infrastructure when voting? How will Punjab vote?
The answers to these questions provide great insights into where we, as a country, are headed in the years to come.
Swarajya is starting a project with an aim to do 50 solid ground stories and a smart commentary service on WhatsApp, a one-of-a-kind. We'd love your support during this election season.
Click below to contribute.