 There's this enormous problem in the world today and that's the fact that out of 7 billion people on this planet More than a billion people have never ever switched on a light bulb So what's unique about OMC is that we're bringing electricity to places where there's no electric grid And we're doing it as an entirely commercial operation with an industrial approach We call it micro power small-scale local and renewable energy Now in our home market of India, there are over 400 million people who go about their daily lives without electricity And in the mobile industry there are about a hundred and fifty thousand towers which don't have power Now the only source of power for people and companies in these places is kerosene diesel and other dirty fuels Now we're changing that by building small-scale local micro power plants that extract energy from renewable sources mainly from the sun and then we supply this renewable energy to both Rural communities and mobile networks We're already supplying power to two of India's largest telecom companies into more than 30,000 people in just a few years We'll reach several million people Now in the process, we've also redesigned the way electricity is supplied. We've cut the cord We've cut the wire entirely and made power portable and we deliver packaged power to the doorsteps of our customers That's how we're unique Innovation is all about solving problems, ideally very large ones. To me the simplest definition of innovation is to take two Existing things and combine them and by doing so solving a problem We've taken energy and we've made it local. We've made it portable. We've taken power and we've made it small micro power We're a young company, but we still supply energy to some of India's largest telecom companies And to some of the world's poorest people So we're combining industrial power with residential power now. It's difficult to exactly define an innovator, but I think Just in way of the Sierra Club nailed it when he said the world is full of great ideas But empty of people who can make them happen Now that's a pretty good definition. An innovator is someone with a great idea That also has the belief, the tenacity and the ability to make it happen The interesting thing with OMC is that while we're a commercial company You could also look at us as a very profitable CSR initiative OMC positively affects the environment It impacts the bottom line of telecom giants as well as rural people's health and wallets We have produced carbon emissions by many thousands of tons by eliminating the need for fossil fuel We help telecom companies to operate profitably And we finally give the transformative power of reliable energy access to the people who need it the most our customers and rural communities and They actually spend less money today on OMC and energy from OMC than what they do on on dirty fuels like kerosene and diesel More than anything else what drives us is to see this amazing socio-economic transformation that energy access brings Children finally able to read at night do their homework businesses that stay open longer The hope and prosperity of all our local employees. It's very very encouraging and positive to see but it's also great business for everyone involved Now we're at a point in history where we're seeing a large-scale shift from fossil fuel to renewable energy Now we're also seeing a shift from centralized power production to smart and distributed power generation and distribution Now the future of energy is clearly Decentralized and we're very happy and fortunate to both shape and be part of the micro power movement