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Power System Operation Corporation - Power System Operation Corporation Limited (POSOCO) is a wholly owned Public Sector Undertaking of Government of India under Ministry of Power . It is responsible to monitor and ensure round the clock integrated operation of Indian Power System in a reliable, efficient and secure manner thus serving a mission critical activity. It consists of 5 Regional Load Despatch Centres (RLDCs) and the National Load Despatch Centre (NLDC).
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 report had recommended setting up a separate representative board structure overseeing the functions of the five regional load despatch centres (RLDCs) run by PGCIL—the northern, eastern, north-eastern, western and southern regions at that time. The subsidiary was eventually made a separate company effective from 3 January 2017.
The Northern Region Grid, which provides power to nine states in northern India including Delhi, experienced a widespread outage due to a grid disturbance that occurred at about 2.35 a.m on 30 July 2012.
Restoration work started immediately under the direction of CEO, POSOCO and POWERGRID's chairman & managing director. A team of engineers tried to find out a way for restoring the normal supply of power immediately, so that railways, Metro, airports and other power users deemed essential could get immediate restoration of electricity. With the coordinated efforts of the whole team of engineers and constituent state utilities, power supply to the essential services and other essential loads in northern India was restored by about 8.00 a.m. and about 60% of load of the Northern Region was restored by 11:00 am. This was possible by gearing up the power supply from hydroelectric sources and also extending power from the Eastern and Western regions for start-up supply for thermal generating units of the Northern Region. Thus the associated problems for want of power supply could be partially overcome by this time. Later, power supply was restored progressively and by 12:30 p.m. power was extended to most of the cities and towns through POWERGRID sub-stations. The Northern Grid was brought back to normalcy to meet the demand of about 30 GW at 7:00 p.m.