I. Introduction
With the integration of advanced communication and information technologies in the power system, the grids are evolving into cyber-physical systems [1]. Analyzing previous blackouts in North American grid shows that the leading causes include lack of visibility of grid and unavailable highresolution information for making prudent decisions [2]. With increased resolution, more relevant data is being transferred reliably to the centralized and distributed control centres. With the help of this data and higher computational power, we can realize controls such as automated demand response, reactive power control for stabilizing the bus voltages, transmission network control by high voltage switching, dynamic pricing and other such applications. [3]