POSCO to become an independent government owned company

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The Government has decided to set up Power System Operation Corporation (POSOCO) as an independent public sector company. POSOCO operates the National Load Despatch Centre and the Regional Load Despatch Centre which are responsible for operating the electricity market in the country. It is also the nodal agency for major reforms in the power sector such as Renewable Energy Certificate mechanism, transmission pricing, short term open access in transmission, deviation settlement mechanism and the power system development fund (PSDF).

Read more : http://www.thehindubusinessline.com/economy/policy/posoco-to-become-an-independent-governmentowned-company/article6704158.ece

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