The Energy and Resources Institute (TERI) and the Power System Operation Corporation (POSOCO) Limited have signed a Memorandum of Understanding (MoU) to encourage research on issues related to the Indian power sector.
Under this MoU, the two organizations will strengthen research-industry interaction for knowledge sharing and capacity building through collaboration.
Joint endeavors would 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.
On the occasion, KVS Baba, chairman and managing director, POSOCO, reiterated existing collaborations with TERI in leading India’s energy transitions. “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.”
Dr Ajay Mathur, Director General, TERI, added, “An increasing amount of renewable energy penetration is causing system instability, and we need to look at interventions with the dynamic nature of load. Together with POSOCO, TERI will further enhance the modeling capability backed with rich data-sets that can address the challenges of the Indian power sector.”
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