The MoP has notified the division and demerger of the Central Transmission Utility and Power Grid Corporation of lndia Limited Transfer Scheme, 2021. Further, the MoP has notified Central Transmission Utility of India Limited, a government company, as the central transmission utility (CTU). It is to undertake and discharge all functions of the CTU, pursuant to the provisions of the Electricity Act, 2003. Further, Power Grid Corporation of India Limited (Powergrid), which was declared as the CTU vide gazette notification dated November 27, 2003, will continue to be a deemed transmission licensee under the Act. The notification will be effective from April 1, 2021.