TERI, POSOCO sign MoU to encourage research in domestic power sector

Topics Power Sector | Teri

The Energy and Resources Institute on Monday signed an MoU with Power System Operation Corporation (POSOCO) to encourage research in the domestic power sector.

The Memorandum of Understanding (MoU) between them was signed in its office here, The Energy and Resources Institute (TERI) said in a statement.

According to the statement, "The two 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 is also part of the MoU.

K V S Baba, Chairman and Managing Director, POSOCO Ltd, 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.

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

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 over four decades.


(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)


Dear Reader,


Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.

We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

Business Standard is now on Telegram.
For insightful reports and views on business, markets, politics and other issues, subscribe to our official Telegram channel