Power Grid forms subsidiary for power system operations
BS Reporter / New Delhi Mar 24, 2009, 14:30 IST
Power Grid Corporation of India, the country’s largest electricity transmission utility, has formed a wholly owned subsidiary company for carrying out independent power system operations, according to a statement issued by the company. The subsidiary will be called "Power System Operation Corporation".
“The new company will take care of all the grid management functions of Power Grid, for example those at the Rural Load Dispatch Centers (RLDCs),” a senior official of the company had said earlier.
Last year, the company’s board had granted approval for setting up the subsidiary on the advice of the government for operation of national and regional load dispatch centers.
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