POSOCO renamed as “Grid Controller of India Limited”

• India’s national grid operator Power System Operation Corporation Limited (POSOCO) was renamed as Grid Controller of India Limited.

• The Grid Controller of India Limited (Grid-India) is a wholly owned central government enterprise that comes under the aegis of the Ministry of Power.

• Previously, it was a fully owned subsidiary of the Power Grid Corporation of India Limited (Powergrid) – the central public sector undertaking (PSU) owned by the Union Power Ministry.

• It was set up in March 2009 to take care of the power management functions of the PGCIL.

• It was later made a separate company, with PGCIL being involved only in setting up transition link.

• Grid-India, as a separate company, was given the load despatch functions.

•  It oversees the operations of the national load despatch centre (NLDC) and 5 regional load despatch centres (RLDCs). 

• The NLDC is the apex body that ensures the integrated operation of national power system.