GRDA meaning in Governmental ?

The Grand River Dam Authority (GRDA) is an agency of the state of Oklahoma [1] created to control, develop, and maintain the Grand River waterway. It was created by the Oklahoma state legislature in 1935, and is headquartered in Tulsa, Oklahoma. GRDA was designed to be self-funding from the sales of electricity and water. The state of Oklahoma was to provide no funding from taxes. The Authority was authorized to issue revenue bonds to fund large-scale capital investments.

According to GRDA's 2012 Annual Report, the agency had nearly US $412 million in operating revenue for 2012, compared to nearly US $395.5 million in 2011.

It operates three hydroelectric facilities and two reservoirs, Grand Lake, Lake Hudson, and the Salina Pumped Storage Project, which includes W. R. Holway Reservoir, It also owns and operates the GRDA Energy Center (formerly named the GRDA Coal-Fired Complex). The Energy Control Center, home of the GRDA's System Operations Center, is at the Robert S. Kerr Dam, just north of Locust Grove, Oklahoma. In July 2016, it absorbed the mission of the Oklahoma Scenic Rivers Commission to manage, preserve and protect the waters of the scenic Illinois River. Its joint ventures include the Canadian Hills wind farm. GRDA's jurisdiction covers 24 counties in northeastern Oklahoma.