GRID-INDIA Conferred Miniratna Status

GRID-INDIA Conferred Miniratna Status

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GRID INDIA

Grid Controller of India Limited or popularly know as GRID-INDIA is now a Category-I Central Public Sector Enterprise (CPSE) Miniratna company.

IndianBureaucracy, New Delhi – In recognition of GRID_INDIA’s role as the nation’s Grid Operator, the Ministry of Power conferred upon it the prestigious status of Miniratna Category-I Central Public Sector Enterprise (CPSE).  GRID-INDIA, with its five Regional Load Despatch Centres (RLDCs) and the National Load Despatch Centre (NLDC), is responsible for manage the critical All India Synchronous Grid, considered among the largest and most intricate power systems globally.

S-R-Narasimhan_GRID-INDIAGRID-INDIA received this recognition under the leadership of Chairman & Managing Director, Mr. S R Narasimhan, an avid Electrical engineer with over three decades of experience in power system operations. He joined NLDC in July 2011 and was soon promoted to the position of Director of System Operation. He believes that India must uphold a power distribution system that is non-negotiable and uncompromising in its robustness, reliability, and financial viability

His passion and extensive experience in interconnecting regional grids resulted in the establishment of a synchronous All India Electricity Grid. Presently, this grid is interconnected with neighbouring countries such as Bhutan, Nepal, and Bangladesh. Mr. S R Narasimhan holds a Bachelor’s degree in Electrical Engineering and a Master’s in Business Administration (MBA) in Finance. He has worked with some of the largest power PSUs including CEA, POWERGRID, and POSOCO, following his initial tenure with BHEL.

Established in 2009, GRID-INDIA’s primary mandate is to ensure the smooth and uninterrupted flow of electricity nationwide, facilitating exchanges between different regions and even across borders while focusing on reliability, cost-effectiveness, and long-term sustainability. The company is responsible for the seamless and uninterrupted operation of the Indian Power System ensuring competitive and efficient wholesale electricity markets and administers the settlement systems. Currently more than forty power trading and power exchange companies are registered with NLDC including some of the big names like Tata Power Trading Company Ltd., NTPC Vidyut Vyapar Nigam Ltd,, Adani Enterprises Ltd., GMR Energy Trading Ltd.,  Reliance Energy Trading Ltd., etc.

Over time, GRID-INDIA has adapted its functions to meet the changing landscape of power systems, driven by the integration of renewable energy sources, increasing energy demands, economic growth, technological advancements, and evolving regulatory and market conditions.

Grid India is India’s National Grid Operator and was previously known as Power System Operation Corporation Limited (POSOCO) before it was renamed as Grid Controller of India Limited or GRID-INDIA, by the Ministry of Power in November 2022.

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