Indian power sector is growing at an enormous pace. Building and operating such a power system is a challenging problem. The power network which carries the MWs across large distances is analogous to a "muscle system" of human body. Likewise, the entire range of associated monitoring and control network is analogous to a "nervous system". While strengthening the muscles is important in order to fully realize the potential, they also have to be complemented by an intelligent nervous system. This paper focuses on the intelligent grid aspects and the initiatives taken by the National Grid of India towards that direction. The participation of IBM - Indian Institute of Technology, Bombay (IITB) in the intelligent utility network (IUN) research is also mentioned.