POSOCO’S NAME CHANGED TO GRID CONTROLLER OF INDIA LIMITED

The idea behind the change is to reflect the critical role of grid operators in ensuring integrity, reliability, economy, resilience and sustainable operation of the Indian electricity grid…

Image Credit: https://posoco.in/

India’s National Grid Operator Power System Operation Corporation Limited (POSOCO), a division of the Ministry of Power (Government of India), has recently informed that it has changed its name to ‘Grid Controller of India Limited.’

Commenting on the name change, S. R. Narasimhan, Chairman & Managing Director, Grid Controller of India Limited, said, “‘Grid Controller of India Limited’ 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. The change in name is also to reflect who we are and the role we play in clean energy transition. We continue to be driven by our vision i.e., ‘To be a global institution of excellence for reliable & resilient power systems, fostering efficient electricity markets, promoting economy and sustainability’ with a renewed vigour.”

‘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. The company ensures Integrated Operation of the Indian Power System to facilitate transfer of electric power within and across the regions and trans-national exchange of power with Reliability, Economy and Sustainability.

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