"Power Demand is the FIRST indicator for any resumption in economic activity and that seems to be indication towards a resumption to normalisation" - Motilal Oswal

While the power demand is coming to pre-lockdown levels fast (both due to resumption of industrial activity and onset of summer), it is worth noting that we've been witnessing a slowdown in growth of power demand even before the lockdown started. India's power demand fell 13.2% in October 2019 from a year ago, posting its steepest monthly decline in over 12 years,


India has an installed power-generation capacity of 368.69GW and the record high of power demand was at 183 GW (~50% of capacity) in May last year. Further reads Mint, ET & EnergyCentral.

Best of the Web 125


1) The Rise of TikTok and Understanding Its Parent Company, ByteDance. Read here
2) The Unusual Ambitions of Chamath Palihapitiya: A billionaire turns on his own. Read here
3) Don't let the early signs of mainstream adoption for a technology confuse you. Interesting post by Chris Dixon on 'Strong and weak technologies'. Read here
4) Elon Musk - The World's Raddest Man by Tim Urban (Waitbutwhy). Read here
5) How to be successful by Sam Altman. Read here 
6) Why does Zoom exhaust you? Science has an answer. Read here

Rewind (Best of newsletter #88)
1) Why Competitive Advantages Die by Morgan Housel. Read here
2) A Dozen Things I’ve Learned from Nassim Taleb about Optionality/Investing. Read here
3) Beautiful Comic by The Oatmeal, 'Believe'. Read here
4) The Arc of Company Life and How to Prolong it. Read here
TweetStorm of the Week: 
A timely & fascinating read on 'The Locust Plague' by Amit Schandillia. Read here

Video of the Week:
In 2015, Evan Spiegel posted an interesting four minute explainer video, 'What is Snapchat'.In this video Evan explains why Snapchat opens with a camera, what are stories and more. Watch here 

Links to Previous Newsletters 
1. Best of the Web 124
2. Best of the Web 123
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