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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.

Vision: To be a global institution of excellence for reliable & resilient power systems, fostering efficient electricity markets, promoting economy and sustainability.
 
Mission:
 
Facilitate competitive and efficient wholesale electricity markets and administer settlement systems.
Nurturing human & intellectual capital.
 
Values:
 
Integrity and fairness in all matters
Strict adherence to commitments
Foster learning, creativity and team-work
Functions of POSOCO as per directions of Ministry of Power issued from time to time.
2. Functions of RLDC (Section 28 of Electricity Act, 2003).
 
4. Open Access in Inter-state transmission.
Development of Ancillary Services.
Renewable Energy Certificates (REC).
Power System Development Fund.
Maintenance of Pool Accounts.
Regulation of power supply.
 

Power System Operation Corporation Limited news

Next intervention AI in power system operations POSOCO CMD

New Delhi: National Grid Operator POSOCO CMD KVS Baba on Friday said the next great thing that Power System Operation Corporation (POSOCO) will use for demand forecasting is AI (Artificial Intelligence). He was speaking via web conference at a global workshop titled “Power Utility Challenge
Posted Date :  25-07-20

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Shri S. S. Barpanda takes over as Director POSOCO

New Delhi: Shri S.S.Barpanda assumed the Charge of Director (Market Operation) of the Power System Operation Corporation Ltd., on 1st of July, 2020. He succeeds Shri P.K.Agarwal, who superannuated on 30th June 2020. Earlier, he was Executive Director, in Northern Regional Load Despatch Centre, Ne
Posted Date :  01-07-20

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Solar Eclipse Event POSOCO

New Delhi: The unveiling of astronomical events such as solar eclipse has an impact on power systems having high penetration of solar generation. India experienced one such annular solar eclipse on 21st June 2020, which impacted the solar generation across the country. The solar generation s
Posted Date :  23-06-20

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Ms Meenakshi Davar interacts with PTC women employees

NEW DELHI: The women employees of PTC India Limited celebrated International Women’s Day on 9th March, 2020 at their office premises. On this occasion, they had invited an accomplished and distinguished professional achiever, Ms. Meenakshi Davar, Director (HR) POSOCO to share her journey and ex
Posted Date :  09-03-20

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Director HR POSOCO awarded PRCI Chanakya Award for Innovation

Banglore: Ms Meenakshi Davar Director (HR). POSOCO honoured with PRCI Chanakya Award for her immense contribution towards Innovation in H.R. Award was presented during the Global Communication Conclave organised by Public Relations Council of India  ( PRCI) at Banglore today. 
Posted Date :  07-03-20

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POSOCO Organized a Stree Shakti Workshop

Agra: On the occasion of International Women’s Day, POSOCO organized a “Stree Shakti Workshop” in Agra. The workshop aimed to educate Women Employees on financial planning and awareness and how to invest their money. A technical visit to 765/400/220/33KV 1600 MW HVDC Substation, Agra was al
Posted Date :  06-03-20

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POWER HR FORUM Best Promising Team Award

NEW DELHI . Smt. Meenakshi Davar, Director (HR), POSOCO presented " Best Promising Team Award" in National level power HR Forum annual national competition. The theme of this year was Artificial intelligence- future ready for HR management. Power HR Forum is group of power sector companies in ind
Posted Date :  22-02-20

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POSOCO CMD Awarded CEO with HR Orientation Award

NEW DELHI. .Shri KVS Baba, CMD, Power System Operation Corporation (POSOCO) awarded as 'CEO with HR Orientation' by World HRD Congress at Mumbai on 15th February 2020. He was conferred with the award for business related HR sensitivity and communication effectiveness with and towards empl
Posted Date :  19-02-20

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CMD POSOCO Receives CEO with HR Orientation Award

NEW DELHI. .Shri KVS Baba, CMD, Power System Operation Corporation (POSOCO) awarded as 'CEO with HR Orientation' by World HRD Congress  at Mumbai on 15th February 2020. He was conferred with the award for business related HR sensitivity and communication effectiveness with and towards em
Posted Date :  18-02-20

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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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