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  • TERI, POSOCO sign MoU to support research in the domestic power sector

TERI, POSOCO sign MoU to support research in the domestic power sector
Power | 24 February 2021

The Energy and Resources Institute (TERI) signed The Memorandum of Understanding (MoU) with the Power System Operation Corporation (POSOCO) on Monday to empower research in the domestic power sector.

The Memorandum of Understanding (MoU) between them was signed in its office located in New Delhi, TERI said in a proclamation. As indicated by the proclamation, "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 undertakings under the MoU relate to further additional 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 additionally important for the MoU.

K V S Baba, the Chairman and Managing Director of POSOCO Ltd, said "With its rich experience in the power sector, TERI, along with POSOCO, can produce extensive research reports backed with evidence to acquire confidence in robust power systems operation.”

On the development, Ajay Mathur, the Director General of 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, along with POSOCO, will further enhance the modeling capability backed with rich data-sets which can address the challenges and difficulties of the power sector.

New Delhi-headquartered TERI is an independent, multi-dimensional association, with capabilities in research, policy, consultancy and implementation.

It has spearheaded discussions and activities in the energy, climate, environmental change, and sustainability space for more than forty years.

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