TERI, POSOCO Ink MoU to Enhance Knowledge Sharing, Research on Power Sector Related Issues

With an aim to enhance knowledge sharing and research on issues related to Indian power sector, think-tank The Energy and Resources Institute (TERI) has entered into a Memorandum of Understanding (MoU) with state-owned Power System Operation Corporation (POSOCO) Ltd.

February 22, 2021. By Manu Tayal

With an aim to enhance knowledge sharing and research on issues related to Indian power sector, think-tank The Energy and Resources Institute (TERI) has entered into a Memorandum of Understanding (MoU) with state-owned Power System Operation Corporation (POSOCO) Ltd.

POSOCO, a wholly owned Government of India enterprise under the Ministry of Power, has been responsible for ensuring the integrated operation of the Grid in a reliable, efficient, and secure manner.

Under this MoU, which was signed at the TERI office in New Delhi, the two organisations have agreed to work together to strengthen research-industry interaction for knowledge sharing and capacity building through collaboration, and to encourage research on issues related to the Indian power sector.

Joint endeavours under the MoU pertain to further developing power system simulation models; integrated resource planning, including demand and supply, on a short-term, medium-term and long-term perspective; preparation of joint reports and capacity building of state utilities.

Speaking at the signing of the MoU, K V S Baba, Chairman and Managing Director of POSOCO Ltd, reiterated existing collaborations with TERI in leading India’s energy transitions, and said “with its rich experience in the power sector, TERI, together with POSOCO, can produce extensive research reports backed with evidence to gain confidence in robust power systems operation.”

“An increasing amount of renewable energy penetration is causing system instability and we need to look at interventions with the dynamic nature of load. TERI, together with POSOCO, will further enhance the modelling capability backed with rich data-sets which can address the challenges of Indian power sector,” said Dr Ajay Mathur, Director General, TERI.

New Delhi-headquartered TERI is an independent, multi-dimensional organisation, with capabilities in research, policy, consultancy and implementation. It has pioneered conversations and action in the energy, environment, climate change, and sustainability space for more than four decades. The institute’s research and research-based solutions have had a transformative impact on industry and communities. It has regional centres and campuses in Gurugram, Bengaluru, Guwahati, Mumbai, Panaji, and Nainital, supported by a multi-disciplinary team of scientists, sociologists, economists and engineers, and state-of-the-art infrastructure.

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