India’s national grid operator ‘Power System Operation Corporation Ltd (POSOCO)’ has announced that it has changed its name to ‘Grid Controller of India Ltd’. The name has been changed to reflect the critical role of grid operators in ensuring integrity, reliability, economy, resilience and sustainable operation of the Indian electricity grid. The change in name as ‘Grid Controller of India Ltd’ is a welcome step as it has unique position at the heart of India’s energy system connecting people to the energy they use.
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About the Grid Controller of India Limited:
The Grid Controller of India Limited (Grid-India) operates the national load despatch centre (NLDC) and five regional load despatch centres (RLDCs). The 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.
Important takeaways for all competitive exams:
- POSOCO Chairman & Managing Director: S. R. Narasimhan;
- POSOCO Founded: March 2009;
- POSOCO Headquarters: New Delhi, India.
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