India's national grid operator 'Power System Operation Corporation Ltd (POSOCO)' announced that it has changed its name to 'Grid Controller of India Ltd'.
The change in name has been made to reflect the critical role of Grid Operators in ensuring integrity, reliability, economy, resilience and sustainable operation of the Indian Electricity Grid.
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 etc.