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.
Buy Prime Test Series for all Banking, SSC, Insurance & other exams
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:
Why in News? As India-Pakistan tensions flared after the May 7 precision strikes under Operation…
In a historic moment for the Roman Catholic Church, American Cardinal Robert Francis Prevost was…
Maharana Pratap Jayanti commemorates the birth of Maharana Pratap Singh, the valiant Rajput king of…
India marked the 164th birth anniversary of Rabindranath Tagore, popularly known as the Bard of…
World Red Cross and Red Crescent Day was observed on May 8, 2025, with the…
In a bold and precise military operation, India carried out deep air strikes against terrorist…