by Vineet Mittal | 25 September, 2023
We are thrilled to share four remarkable tales, each imbued with profound lessons and values that resonate deeply with our ethos here at Avaada Group. Our very name signifies a ‘promise’—a solemn vow to forge a future resplendent with sustainability and boundless possibilities for all.
1. The Sufi Story: Embracing Our Challenges
Our first story is an old Sufi tale about a man who, burdened by his pain, prayed to exchange it for someone else’s. In a dream, God allowed everyone to bring their sufferings to a temple and choose a different bag of pain. Surprisingly, everyone, including the man, rushed to pick up their own bags, realizing that they were accustomed to their own challenges and that others had their own, often greater, sufferings. This story teaches us the value of embracing our own challenges and understanding that everyone has their battles. At Avaada, we face diverse challenges in our quest for sustainable energy solutions, but like the man in the story, we embrace them, knowing they are part of our unique journey.
2. Sylvester Stallone: Persistence Against Odds
Sylvester Stallone’s journey is a testament to persistence. Before his big break, he faced seven years of struggle, near poverty, and even homelessness. Despite the odds, he held onto his dream, wrote the script for ‘Rocky’, and eventually became a Hollywood icon. His story reminds us that success comes to those who dream and persist. At Avaada, we too have our script – our vision for a sustainable future. Like Stallone, we persist against the odds, working towards our goals in renewable energy, green hydrogen, and more.
3. Oprah Winfrey: Turning Wounds into Wisdom
Oprah Winfrey’s life story is one of overcoming adversity. Born into poverty and facing numerous challenges, including abuse and loss, Oprah turned her life around through education, self-love, and determination. She transformed her wounds into wisdom, becoming one of the most successful talk show hosts and a beacon of inspiration for many. Oprah’s journey resonates with Avaada’s commitment to transformation – turning challenges into opportunities as we innovate in the renewable energy space.
4. Arnold Schwarzenegger: Vision and Conquest
Arnold Schwarzenegger grew up in post-war Austria, where dreaming big was scoffed at. Despite the environment, Arnold had a vision – to succeed in bodybuilding and acting. He became the youngest Mr. Universe and a Hollywood superstar, proving that with vision and determination, one can conquer any field. Arnold’s story aligns with Avaada’s ethos – we have a vision for a greener planet, and we are determined to make it a reality through our diverse initiatives in green energy.
Our Promise, Our Journey
Team, as we reflect on these stories, let’s remember our own promise – our commitment to a sustainable future. Each story teaches us about embracing challenges, persisting against odds, transforming adversity, and following our vision. Let’s carry these lessons into our work at Avaada, as we continue to innovate and lead in the renewable energy space. Here’s to a week of inspiration and progress.
by Vineet Mittal | 25 September, 2023
Green hydrogen, often referred to as the future’s fuel, is swiftly emerging as a cornerstone in India’s energy transition narrative. With its unmatched potential to decarbonise a plethora of sectors and usher in novel industrial avenues, green hydrogen is likely to be at the heart of the global race to achieve economy wide net zero emissions. As the world grapples with the dire consequences of climate change, all eyes are on green hydrogen to play a pivotal role in the energy mix and offer sustainable fuel alternatives. The competitiveness of green hydrogen derived commodities with traditional fossil fuels will determine the speed and scale of the transition in future.
The Green Hydrogen Bazaar: Valued at a whopping $155 billion in 2022, the global hydrogen generation market is on a bullish trajectory, with projections indicating a CAGR of 9.3% from 2023 to 2030. While grey hydrogen currently holds the fort, green hydrogen, produced via electrolysis, is making significant inroads. The International Energy Agency (IEA) underscores the mammoth transformation and investment required, given that green hydrogen’s global share is a mere 0.04%.
Cost Dynamics and Global Endeavours: The production costs of green hydrogen are plummeting at an unprecedented rate. The Biden administration’s Inflation Reduction Act, bolstered with tax sops and grants worth $9.5 billion, is geared towards slashing the domestic cost of green hydrogen by a staggering 75% within the next decade. On the global front, a commendable 1,000+ hydrogen projects are underway, with a notable 350 being announced just in the past year, as per McKinsey.
The European Union’s Lofty Aspirations: The EU is on an ambitious spree, aiming to churn out ten million tonnes of renewable hydrogen by 2030. This endeavour demands an investment to the tune of €335–471 billion. The real challenge is to bridge the funding chasm through private coffers and tap into the lucrative opportunities in nations exporting green hydrogen to Europe.
Banking on the Green Gold: Commercial banks are now actively rallying behind green hydrogen initiatives, offering debt advisory and earmarking their balance sheets for ventures in green ammonia and green methanol. The roadmap for new projects hints at a significant uptick in green hydrogen production by 2030, with nations like India and the Middle East sprinting ahead. Around 10% of the announced projects to produce hydrogen from electrolysis to be used in refining have at least taken a final investment decision (FID), whereas no FIDs have been taken up for projects to produce hydrogen from fossil fuels with carbon capture. Europe remains the region with the most projects, followed by North America and China.
India’s Tryst with Green Hydrogen: India, with its unique blend of traditional and modern energy sectors, is poised to be a green hydrogen powerhouse. With stalwarts in the oil and gas domain like ONGC, HPCL, IOCL, and GAIL pledging their commitment, the future looks promising. The Indian government’s visionary policy to indigenously produce electrolyser technology and roll out incentives places India at the vanguard of technological strides. Further, adopting sectoral obligations to replace grey hydrogen, allowing 10% blending in gas network, dedicated pipelines and incentives to end-user sectors shall go long way to achieve national targets of Net Zero Emissions (NZE).
Regulatory Blueprint and Funding: To clinch the coveted green tag under the EU’s Sustainable Finance Disclosure Regulations, hydrogen factories must adhere to stringent norms. The inception of the European Hydrogen Bank (EHB) is a landmark move, aimed at fortifying the hydrogen value chain and instilling market confidence.
Global Market Dynamics: While nations like Denmark, Germany, and those in the Iberian Peninsula are making waves in Europe, achieving the green hydrogen milestones necessitates robust infrastructure augmentation beyond European shores, especially in North Africa and the Middle East. These regions, blessed with abundant renewable energy resources and strategic locales, are crucial to satiate global demands.
Green hydrogen is not just a buzzword; it’s India’s ticket to a sustainable future. While challenges in financing and infrastructure loom large, they are not insurmountable. With collective efforts and global synergies, early green hydrogen adopters stand a golden chance to sculpt the ecosystem and fast-track the shift to clean energy. As we stand on the cusp of this green revolution, the promise of a cleaner, brighter future beckons.
by Vineet Mittal | 17 September, 2023
The alignment of events in Narendra Modi’s life is nothing short of extraordinary. Over two decades ago, he took his inaugural oath as the Chief Minister of Gujarat. Today, his legacy stands as a testament to unparalleled achievements, excellence, and performance. As we celebrate the birthday of India’s Prime Minister, let us delve deeper into the essence of the man behind the leadership—a spiritual beacon marked by resilience, unwavering dedication, and an indomitable spirit.
The Spiritual Essence of “Narendra”
Originating from Sanskrit, the name “Narendra” holds deep spiritual significance. “Nara” represents the eternal soul, and “Indra”, the king of gods, symbolises dominion over both earthly and spiritual realms. Thus, “Narendra” translates to “Lord of Men” signifying not just a political leader but a guiding force towards divinity and self-mastery.
A Decade of Distinct Qualities: Narendra Modi Ji’s leadership over the past ten years has transformed India’s economy through impactful decisions. His leadership journey showcases qualities that have shaped the nation and set global benchmarks:
- Dedication to Yoga and Meditation: Beyond physical well-being, Modi’s commitment to yoga signifies a quest for mental clarity and spiritual alignment. His initiative of International Yoga Day envisions a world united in wisdom, embodying the essence of Vasudhaiva Kutumbakam—the belief that the world is one family.
- Unwavering Discipline: His structured lifestyle, from early risings to a balanced diet, mirrors the attributes of a spiritual seeker. This commitment has garnered him respect in the demanding world of politics.
- Rooted in Faith: Regular temple visits and participation in rituals highlight his deep connection with India’s spiritual heritage and commitment to preserving its traditions.
- Embodiment of Simplicity: In a materialistic world, Modi’s simple lifestyle resonates with teachings of ancient sages, emphasizing that true wealth lies within.
- Commitment to Service: “Seva Parmo Dharma” (Service is the ultimate duty) is more than a mantra for Modi—it is a way of life. His public journey testifies to his dedication to societal upliftment and national development.
- Ascetic Foundations: His early years with Himalayan sadhus have shaped his spiritual worldview and life approach.
- Resilient Spirit: His rise from modest beginnings to national leadership embodies resilience and determination.
- Nature and Harmony: Initiatives like Swachh Bharat Abhiyan emphasize living harmoniously with nature, while his push for renewable energy highlights a balance between economic growth and environmental care.
- Mindfulness in Leadership: His thoughtful decisions and calm presence, even amidst criticism, reflect a leader grounded in mindfulness.
- A Beacon of Positivity: Modi’s consistent focus on positivity, evident in “Mann Ki Baat”, serves as an uplifting force for the nation.
Sabka Saath, Sabka Vikas, Sabka Vishwas, Sabka Prayas: Under Modi’s leadership, the government has embraced a culture of collective efforts, inclusive growth, mutual trust, and everyone’s participation. This ethos is not just a slogan but a reflection of the government’s commitment to ensuring that every citizen, irrespective of their background, benefits from India’s progress.
As we honor his birthday, let us recognise not just the political figure but the spiritual guide urging us to introspect, transcend our boundaries, and selflessly work for a brighter future.
Happy Birthday, Shri Narendra Modi Ji. May your legacy continue to inspire generations!
by Vineet Mittal | 5 September, 2023
It was an evening like no other, an eclectic mix of professionals gathered around a dinner table. Mr. Gupta, the CEO of a leading firm, couldn’t resist but question the importance of teachers in society. “What can children possibly learn from someone who chose to become a teacher?” he asked. To strengthen his point, he turned to Mrs. Sharma, a schoolteacher, and inquired, “What do you really make, Mrs. Sharma?”
The Profound Answer of Mrs. Sharma
Not one to back down, Mrs. Sharma calmly responded, “Do you want to know what I make?” And then she began:
- “I make children realize their potential.”
- “I make an average grade feel like an Olympic gold medal.”
- “I make kids focus for an hour when their parents struggle to make them sit for even five minutes without their gadgets.”
The Vedantic Touch
Mrs. Sharma then subtly referred to the ancient Indian philosophy of Vedanta. “Much like the Vedanta tells us to look within to find the universal soul, I make my students look within to find their innate abilities. I help them see that they are not separate from the cosmos but a vital part of it.”
Beyond Just Academics
She continued to delineate the intangible values she imparts:
- “I make them wonder about the universe.”
- “I make them question norms and traditions.”
- “I make them take responsibility and offer sincere apologies.”
More than a Salary: Making a Difference
Mrs. Sharma concluded, “So, when someone asks me what I make, knowing well that life’s value is not measured in rupees and dollars, I can confidently say that I make a difference. I prepare children not just for exams but for life, helping them become future CEOs, doctors, engineers, or perhaps enlightened beings.”
The Ball Back in Mr Gupta’s Court
She then posed the question back, “So, Mr. Gupta, now tell me, what do you make?”
The True Essence of Teacher’s Day
As we celebrate Teacher’s Day in India, let us acknowledge the monumental role teachers like Mrs. Sharma play in shaping the souls of the next generation. They are not just educators but life coaches, not just instructors but philosophers in their own right. Inspired by the wisdom of Vedanta, they lead by example, guiding their students towards a higher plane of existence.
To all the teachers out there who silently work towards sculpting our futures—Happy Teacher’s Day!
by Vineet Mittal | 14 August, 2023
A Vision for Independence and Prosperity
India celebrates its 77th Independence Day, and the air is filled not just with the fragrance of blooming marigolds but with a palpable sense of anticipation and determination. Imagine it’s 2047, and you are witnessing a nation transformed, where the dreams of today have blossomed into reality. A reality where India stands tall as the “Golden Lion” of the world, prosperous, enlightened, and unbreakable. Join me on a journey to this future, where we will explore a vision of India that honors its heritage, embraces its potential, and leads with wisdom and strength. Feel the pride, sense the passion, and let’s together paint a picture of an India that inspires the world.
Economic Triumph: The $25 Trillion Economy
Imagine an India where the GDP has soared to $25 trillion, driven by a 25% manufacturing-led growth. Cities are bustling with innovation, and villages are thriving with agro-industries. The ‘Make in India’ initiative has transformed the nation into a global manufacturing hub, reducing dependence on imports by 80%. The tax to GDP ratio has reached an optimal level, ensuring equitable distribution of resources and robust public services. The Indian Rupee stands strong, reflecting the economic stability and growth of the nation. The world looks to India as a model of economic resilience and innovation.
Demographic Dividend: The Power of Youth
In 2047, India’s youthful population is its greatest asset. Education and skill development have unlocked the potential of millions, creating a workforce that leads in fields like robotics, AI, space technology, and green energy. Women are empowered, contributing significantly to the economy, and the gender gap has narrowed substantially. The demographic dividend has been harnessed to fuel economic growth, and India’s youth are at the forefront of global leadership and innovation. They are the torchbearers of a new era, shaping the future with creativity and determination.
Energy Independence: The Green Revolution
India’s energy landscape is revolutionized. Renewable energy sources, including the successful Green Hydrogen Mission, power the nation. Cities are pollution-free, and villages are electrified. India’s commitment to reducing carbon emissions has made it a global leader in sustainability. The nation’s energy security is no longer dependent on foreign imports, and the green revolution has created millions of jobs, fostering a sustainable and independent future. India shines as a beacon of environmental responsibility and innovation.
Urbanization and Infrastructure: Connected and Efficient
Highways, high-speed rail, and advanced logistics networks have connected every corner of India. Urban planning is proactive, and infrastructure is world-class. Rural areas enjoy the benefits of modern amenities, bridging the urban-rural divide. The nation’s infrastructure supports the growth of industries, commerce, and daily life, enhancing the quality of life for all citizens. India’s cities are models of efficiency, sustainability, and connectivity, reflecting the nation’s progress and ambition.
Research and Development: Innovation Hub
India invests a significant portion of its GDP in R&D, fostering a culture of innovation and technological advancement. Collaboration with Indian-origin researchers worldwide has led to breakthroughs in medicine, space exploration, and environmental conservation. Universities and research institutions are centers of excellence, attracting global talent and funding. India’s innovation hub status has positioned it as a leader in scientific discovery and technological development, shaping the future with creativity and expertise.
Global Influence: The Indian Diaspora and Digital Leadership
The success of the Indian diaspora has attracted global investment, technology, and goodwill. India’s digital infrastructure and expertise in finance have created a robust economic framework, making it a preferred destination for global businesses. The influence of the Indian diaspora in various fields worldwide has been leveraged to foster international collaboration and cultural exchange. India’s digital leadership has revolutionized governance, business, and daily life, reflecting the nation’s global influence and forward-thinking approach.
Military Strength: Guardian of Peace
India’s military is formidable yet wise. It stands as a guardian of peace, ensuring sovereignty without aggression. It’s a symbol of strength that resonates with respect rather than fear. The military’s technological advancements, strategic alliances, and humanitarian missions reflect India’s commitment to global peace and stability. India’s defense forces are respected worldwide for their professionalism, valor, and wisdom, embodying the nation’s character as a strong and compassionate lion.
Spiritual Leadership: The Compassionate Lion
India’s spiritual heritage shines brightly. It guides the world without imposing, nurturing values of compassion, wisdom, and integrity. Temples, ashrams, and spiritual centers are places of global pilgrimage, reflecting India’s role as a spiritual teacher. The nation’s spiritual wisdom has transcended borders, influencing global thought and fostering a culture of mindfulness and compassion. India’s spiritual leadership is a beacon of hope and enlightenment, guiding humanity towards a path of harmony and inner peace.
Legal and Governance Reforms: Swift Justice and Transparent Governance
The legal system is reformed, ensuring timely justice. India’s legal and governance systems are models of efficiency, transparency, and integrity, reflecting the nation’s commitment to justice and ethical leadership. Governance is transparent and efficient, driven by digital advancements that have reduced corruption and enhanced public trust. Governance reforms have attracted global investments and fostered corporate trust.
The Path to the Golden Lion
The vision of India@2047 is grand and inspiring. It’s a vision that requires concerted efforts, strategic planning, and unwavering commitment. The path to achieving this vision includes:
- Embracing Industrialization and Urbanization: Learning from global models and creating special economic zones.
- Investing in Education and Skill Development: Focusing on futuristic jobs and empowering women.
- Revolutionizing Energy and Sustainability: Committing to renewable energy and environmental conservation.
- Reforming Legal and Governance Systems: Implementing transparent and efficient processes.
- Leveraging Global Influence and Digital Strength: Utilizing the goodwill of the Indian diaspora and embracing digital governance.
Independence Day is a celebration of our past and a commitment to a future where India stands tall as the Golden Lion. It’s a call to action for every citizen to contribute to this transformative journey. The roar of the Golden Lion is resonating across the world, and the time to embrace it is now.
