Mayur Rathi

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[Deedy @deedydas]

Billionaire Michael Milken joked “if a US company replaces the US-born CEO with a CEO born in India, I buy the stock”

But he reveals he hasn’t backtested the idea.
So we did.

In the last 15yrs, that would’ve 50x’d your money: 7.5x more $$ and >2x IRR vs S&P500: 30% vs 14%!

[The Indian Matrix @indianmatrix]

In 2005, India couldn’t meet 12.3% of its own peak demand. By 2007, the shortfall had widened to nearly 16.6%, and close to 18,000 megawatts were unavailable.

The early 2000s were years of genuine electricity poverty. Factories ran on diesel backup generators as a matter of routine. Homes in smaller cities and villages received power for a few hours a day.

Distribution, which is the final link between the grid and the household, was historically the most neglected and most corrupt part of the chain. Electricity theft was widespread, billing was unreliable, and state electricity boards were financially broken.

Reforms here were uneven and politically difficult, but schemes like UDAY, launched in 2015, restructured the debt of state distribution companies and pushed them toward financial viability. The Saubhagya scheme, from 2017, connected the last unelectrified households, around 25 million of them, to the grid by 2019.

India’s solar capacity in 2010 was negligible. Today, it is measured in hundreds of gigawatts. The price of solar panels fell globally by over 90% across this period, and India made a strategic bet to capture that cost decline at scale. Rooftop solar programmes brought electricity generation to homes, factories, and commercial buildings. And the International Solar Alliance, co-founded by India in 2015, helped build global momentum.

The timing proved critical. India’s peak electricity demand now falls in the afternoon, driven by air conditioning in an increasingly hot country. Solar generates hardest in exactly those hours.

On April 25, around 12:30 pm, solar plants and rooftop systems together supplied roughly one-third of all electricity being generated at that moment. Across the full day, solar’s share was around 22%.

India today draws 52% of its electricity from non-fossil sources. More than half of every unit generated comes from sun, water, wind, or nuclear.

The deficit percentage, which once sat stubbornly above 10%, has now collapsed. Since 2024, it has been effectively zero.

Reliable electricity means a small business owner does not budget for a diesel generator as a fixed cost. It means an electric vehicle is practical for someone who cannot afford to be stranded. It means a student in a rural home can study at night without planning around power cuts. It means a hospital runs its equipment on the assumption that the supply will hold.

Electricity reliability is, in the end, a quiet form of equity. When the grid is unreliable, those with money buy backup. Those without simply go without. India's closing of its power deficit means that the gap no longer falls along economic lines.

The country that once rationed darkness now delivers light on demand, at the moment of highest need, to everyone connected to the grid.

That took two decades and thousands of infrastructure decisions. It is not the kind of achievement that fits in a headline. But on an April afternoon, when 256 gigawatts flowed, and nothing broke, it showed.

[Reuters @Reuters]

Researchers in Hawaii are testing whether abandoned fishing nets and household plastic waste can be turned into road surfacing, as the state looks for new ways to deal with marine debris and pressure on landfill space

[anand mahindra @anandmahindra]

Mumbai Police…

You just gave us the gift of hope and happiness.

For this alone, you rank as one of the finest forces in the world

👏🏽👏🏽👏🏽 🙏🏽

(Thank you for sharing this story so vividly, Mohini)

[Mayur Rathi @MayurRathi8]

@NikkiSiapno How to handle out of sequence issue in parallel processing?

[Devendra Fadnavis @Dev_Fadnavis]

And Navdeep brought home a Gold 🥇in Men's Javelin Throw F41 at #Paralympics2024!
Congratulations for the amazing victory, Navdeep !
Keep winning, keep inspiring!
#Paralympics2024Paris

[Mayur Rathi @MayurRathi8]

Hats off to her courage!

[Ministry of Defence, Government of India @SpokespersonMoD]

Cpt #AnshumanSingh was awarded #KirtiChakra (posthumous). It was an emotional moment for his wife & Veer Nari Smt Smriti who accepted the award from #President Smt #DroupadiMurmu. Smt Smriti shares the story of her husband's commitment & dedication towards the nation. Listen in!

[Mayur Rathi @MayurRathi8]

You need skills and guts to pull out a low scoring, high intensity game like this. #captan #captaincy #wt20 #INDVPAK @mipaltan @ImRo45 @hardikpandya7

[THE SKIN DOCTOR @theskindoctor13]

What a win by SRH! Sheer dominance! Humiliating defeat for LSG.

Credit goes to none other than King KL Rahul. One or two wickets fall, and the man plays like as if the match is already lost and he needs to bat through to reduce the margin of loss. 29 off 33 balls. What a start as an opener! To compare, SRH opener scored 89 in just 30 calls.

He batted similarly in the ODI World Cup final as well. Doesn't belong!

[zerohedge @zerohedge]

*STARBUCKS SHARES SLIDE 14%, THE MOST SINCE MARCH 2020

here's an idea: make a coffee cost 99 cents again

[Mayur Rathi @MayurRathi8]

@DcWalaDesi @benstokes38 you are trending again ����😂

[anand mahindra @anandmahindra]

This needs to become standard equipment throughout India wherever people use A/Cs

Water is Wealth.

It needs to be stored safely…

👏🏽👏🏽👏🏽

Spread the word.

[Pallavi Daga @pals_rocks]

Though watching this virtually from the USA, I can feel the energy and vibrations of this event. Attending #MahaShivaratri in person is on top of my wishlist.. Pranam @SadhguruJV ji.. @ishafoundation #AwakeWithAdiyogi

[Mayur Rathi @MayurRathi8]

@IndianEmbassyUS My kids 1st OCI has expired and hav to trvl 2 India urgently so luking for eVisa option. Whl submitting the eVisa form, there is a question reg. previous visa. Sinc I had OCI previously, what should I put in ther? Ther is no option to select OCI, it’s just Visa.

[Science girl @sciencegirl]

A man who makes mobility devices for dogs that can’t walk

[Alok Jain ⚡ @WeekendInvestng]

Japanese discipline again .... the rest of the world has so much to learn.

The plane was burning and passengers are seated....

Yahaan plane rukte hii......🤠😀

[Shubhangi Pandit @Babymishra_]

गाँव के आगे सारे शहर फेल
ग्रामीणों के आगे सारे इंजीनियर फेल
अद्भुत जुगाड़

[Muthukrishnan Dhandapani @dmuthuk]

Prime Minister @narendramodi : Please resort to your old way of posting. For the last one week or so, the language, tone and emojis used in some of your posts are not befitting your office. The person in your office who is posting your thoughts needs to be changed.

[Rob Coates 🇺🇸 @LuckyHippie926]

@VivekGRamaswamy We’ve have to make sure our kids are reading books and touching grass.