India’s National Grid Operator, Power System Operation Corporation Limited (POSOCO) has been rechristened to ‘Grid Controller of India Limited’ (Grid-India) to reflect the critical role of grid operators in ensuring integrity, reliability, economy, resilience and sustainable operation of the Indian electricity grid.
Grid-India chairman and managing director, SR Narasimhan in a statement said the name change is a welcome step as it has a 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 and reflects who we are and the role we play in the clean energy transition”, he added.
Grid-India operates the National Load Despatch Centre (NLDC) and five Regional Load Despatch Centres (RLDCs). It 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.