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Power System Operation Corporation Limited

Power System Operation Corporation Limited (POSOCO) POSOCO is a wholly owned Government of India Enterprise under the Ministry of Power. It was earlier a wholly owned subsidiary of Power Grid Corporation of India Limited (Powergrid). It was formed in March 2009 to handle the power management functions of PGCIL. It is responsible to ensure the integrated operation of the Grid in a reliable,efficient and secure manner. It consists of 5 Regional Load Despatch Centres and a National Load Despatch Centre (NLDC). The subsidiary was eventually made a separate company, leaving the parent firm with only the task of setting up transmission links. The load despatch functions, earlier handled by PGCIL, have now come up to POSOCO.

History:

 
Central Government through Ministry of Power in exercise of the power conferred by sub-section (3) of Sect 26 and sub-section (2) of Section 27 of the Electricity Act, 2003, by notification dt. 27 September 2010 in the Gazette of India notified that the Power System Operation Corporation Ltd (POSOCO), a wholly owned subsidiary of the Power Grid Corporation of India Limited (a Government Company) shall operate National Load Despatch Centre and the five Regional Load Despatch Centers, with effect from 1 October 2010.
 
The subsidiary was set up on the recommendations of a government committee headed by G.B. Pradhan, additional secretary in the Union ministry of power. To make load despatch centres financially self-reliant and autonomous, the committee recommended independent and sustainable revenue streams. The move to separate the two functions is in keeping with the provisions of the Electricity Act, 2003, which seeks to separate commercial interests from load management functions. The Pradhan committee had recommended setting up a separate representative board structure overseeing the functions of the five regional load dispatch centres (RLDCs) run by PGCIL—the northern, eastern, north-eastern, western and southern regions at that time.

Power System Operation Corporation Limited news

Secretary Power visits POSOCO

New Delhi:Secretary,Power, Shri S.C. Garg visited NLDC-POSOCO Sh. KVS Baba CMD, Sh. P.K. Agarwal (Director-Market Operations,Sh. R.K. Shrivastava ,Director-Finance,Sh. S.R. Narasimhan ,Director-System Operations,and Sh. S.S. Barpanda ,Executive Director, NRLDC,welcomed Shri Garg.
Posted Date :  29-10-19

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10th Annual General Meeting of POSOCO held at Delhi

NEW DELHI . Power System Operation Corporation Ltd., successfully concluded its 10th Annual General Meeting on 26.09.2019 at its Registered Office in New Delhi.    This was the Company's second AGM with its functional Directors, after becoming an independent Government Company in Ja
Posted Date :  27-09-19

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Global recognisation for POSOCO as Indias Most Trusted Company

Global recognisation for POSOCO as India’s Most Trusted Company    NEW DELHI . Power System Operation Corporation (POSOCO) has been rated and awarded as India’s Most Trusted Company in Electricity Transmission Services Company Category for the year 2019. The Award has been announced
Posted Date :  12-08-19

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POSOCO Organized Vendor Meet for MSMEs

New Delhi: Power System Operation Corporation (POSOCO), a wholly owned Government of India Enterprise under the Ministry of Power, organized vendor meet to encourage participation of Micro, Small and Medium Enterprises (MSMEs) in Trade Receivables electronic Discounting System (TReDS) pla
Posted Date :  28-06-19

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5th International Yoga Day Observed at POSOCO

New Delhi: 5th 'International Yoga Day' was celebrated at Power System Operation Corporation (POSOCO) today on 21st June 2019. The Programme was formally inaugurated by Shri K. V. S. Baba, CMD, POSOCO in presence of Director (HR), Ms. Meenakshi Davar, Director (MO), Shri P. K. Agarwal a
Posted Date :  21-06-19

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Team POSOCO Bagged Second Position in National Management Quiz

New Delhi: Team Power System Operation Corporation (POSOCO), (Shri Saif Rehman and Shri Riza Naqvi) bagged Second Position in 'National Management Quiz' organised by All India Management Association (AIMA) today on 31st May 2019, at New Delhi. Team POSOCO bagged second position after to
Posted Date :  31-05-19

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Cleanliness Fortnight at POSOCO

New Delhi: A cleanliness fortnight from 16th May to 31th May 2019 was celebrated by Power System Operation Corporation (POSOCO)'s Corporate Centre and all Regional Load Despatch Centres. During the period, a Cleanliness Drive, Essay & Painting competitions, debates & talks and Plantation
Posted Date :  31-05-19

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POSOCO Signed MoU with Ministry of Power

New Delhi: Power System Operation Corporation Limited (POSOCO), a wholly owned Government of India Enterprise under the Ministry of Power, has signed an MoU with Ministry of Power, Govt. of India for the fiscal year 2019-20.    This MoU was signed by Shri Ajay Kumar Bhalla, Secretary, M
Posted Date :  23-05-19

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Power Secretary Visits POSOCO

New Delhi: Shri Ajay Kumar Bhalla, Secretary (Power) visited National Load Despatch Centre (NLDC) of Power System Operation Corporation Limited (POSOCO), a wholly owned Government of India Enterprise under the Ministry of Power, today. Shri Bhalla was welcomed by Shri K. V. S. Baba, CMD and other
Posted Date :  15-05-19

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Paradigms of Knowledge

NEW DELHI. Dr. Krishna Nath Pandey,former Dy. General Manager (HRD) in POWERGRID has written a book on knowledge management implementation. Published by Springer India, this book has been written by studying the knowledge management implementation at POWERGRID India, one of the largest power uti
Posted Date :  26-04-19

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POSOCO Developed a Waiting Hall in Safdarjung Hospital under CSR

New Delhi: Power System Operation Corporation (POSOCO) has developed a Waiting Hall in Safdarjung Hospital under Corporate social Responsibility (CSR) during FY 2018-19. The Waiting Hall was jointly inaugurated by Dr. Sunil Gupta, Medical Superintendent, Safdarjung Hospital and Chairman & M
Posted Date :  12-04-19

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CMD POSOCO Inaugurated POSOCO stall at GRIDTECH-2019

New Delhi: Shri K.V.S. Baba, CMD, Power System Operation Corporation (POSOCO), Inaugurated the POSOCO stall in GRIDTECH-2019, the 6th International Exhibition and Conference GRIDTECH-2019, today on 3rd April 2019. Ms. Meenakshi Davar, Director, HR, was also present on the occasion.  This pre
Posted Date :  03-04-19

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POSOCO Organised Women Wellness Program

New Delhi: To celebrate International Women’s Day, Power System Operation Corporation (POSOCO) organised a training program on women Wellness. The two-day program was inaugurated by Shri Abhimanyu Gartia, Executive Director, Southern Regional Load Despatch Cente (SRLDC), POSOCO at Mysore. In t
Posted Date :  07-03-19

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POSOCO Organised Aids Distribution Camp for Differently-Abled

Balurghat (WB): Eastern Regional Load Despatch Centre (ERLDC) of Power System Operation Corporation Limited (POSOCO) in association with Artificial Limbs Manufacturing Corporation Of India (ALIMCO) organised an Aids Distribution Camp for Differently-abled persons. Nos of 268 Aids and appliances
Posted Date :  06-03-19

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Capacity Building Programme on Renewable Energy Grid Integration

New Delhi: A capacity building program on 'Renewable Energy Grid Integration' was conducted for 'Power System Operation Corporation (POSOCO)'s Engineers with a focus on enhancing the grid operators' technical, policy, regulatory and market skills in handling the integratio
Posted Date :  27-02-19

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Director HR POSOCO Awarded as Pride of HR Profession in PSUs

Mumbai: Smt. Meenakshi Davar, Director (HR), Power System Operation Corporation (POSOCO), a wholly owned Government of India Enterprise under the Ministry of Power, has been Awarded with the 'Pride of HR Profession in PSU' in the Global HR Excellence Award Ceremony organised by World HRD
Posted Date :  16-02-19

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CMD POSOCO Awarded as CEO with HR Orientation

Mumbai: Shri KVS Baba, CMD, Power System Operation Corporation (POSOCO) awarded as 'CEO with HR Orientation' by World HRD Congress for enhancing the HR Technology areas and best practices, at Mumbai today on 15th February 2019.   World HRD Congress brings together over 1870 profe
Posted Date :  15-02-19

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