NexusNovus | Smart Urban Solutions
About NexusNovus
NexusNovus specialises in working with urban technology and solutions.
NexusNovus specialises in creating real-world waste management solutions by combining technology, finance, and deep industry knowledge, in sites where once there was only waste. Located strategically in Bangalore, India, and Cape Town, South Africa, NexusNovus has established itself as a leading industry expert and built an enviable track record of satisfied customers powered by its 12 years of industry experience, an expert team of specialists, a very strong network, and empanelment with various ministries in India.
NexusNovus is your ideal business partner for spotting and seizing opportunities in the waste management segment in urban India and South Africa.
Company History
Corporate Timeline
Nexusnovus has been involved in various waste management assignments in India from 2013.
Here is a timeline of our various projects.
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Energy department
The Energy Department, Government of Karnataka approved the NexusNovus proposal of a 9MW waste to energy plant on 4th January 2020.
Stone laying ceremony
K J George, Minister for Bengaluru development and state town; D K Shivakumar, Karnataka Energy Minister; Board of directors; and dignitaries from Embassy of the Netherlands, attended the stone laying ceremony in January 2018, at the NexusNovus proposed waste-to-energy plant in Bangalore.
Concession agreement
Nexus Novus entered into a concession agreement with Bengaluru BruhatMahanagaraPalike (BBMP) to set up a waste-to-energy project in Bangalore of 600–1000 TPD (tons per day) capacity in January 2018, where BBMP would deliver 600–1000 TPD Municipal Solid Waste (MSW) to the site, free of cost.
Investors
BR Shetty Recreations Pvt Ltd entered into an memorandum of understanding (MOU) with NexusNovus to invest INR 60 Crores in the 600–1000 TPD (tons per day)waste-to-energy project, accept the offer to purchase shares in the SPV (special purpose vehicle), and come on board as an equity investor.
First Tender
NexusNovus grows to EUR 1.8 million in revenue, mostly attributed to its flourishing consultancy business, NexusNovus Capital, which focusses on deal-making services for investors looking for high yielding opportunities. It wins its first tenders in the waste management industry in the state of Andhra Pradesh, India.
MOU
NexusNovus as a representative of Waste 2 Value consortium entered into amemorandum of understanding (MOU) in October 2016, to conduct a study on various Municipal Solid Waste (MSW) processing technologies which suit Himachal Pradesh. NexusNovusidentified biogas to electricity plants as the start of their pilot initiatives towards taking the state to being ‘waste-free’, after considering the prevailing condition of scarcity of flat land and otherfactors
Solid Waste Management Rules
In August 2016, Nexus Novus was empanelled to conduct feasibility studies for treatment, disposal, and other components of solid waste that help governments in identifying weak links and propose remedial action in compliance with solid waste management rules of 2016.
Waste to Energy Project
Karnataka cabinet approved the waste to energy project proposed by NexusNovus, to be setup in Bangalore with 9-acre land that was provided free of cost. The cabinet also exempted the waste to energy project from a transparency act considering the social dimensions of the project.
Exceptional Organisation
In July 2015, the Embassy of the Netherlands recommended NexusNovus as an exceptional organisation offering adept services like technological solutions to city management, waste management, and business models. The Embassy praised that NexusNovus is the ideal company to be associated with for complex, technical and multi-stakeholder projects that require international expertise with on the ground support in emerging markets.
Swachh Bharat mission
Nexus Novus as a per the Waste 2 value consortium entered into a memorandum of understanding (MoU) in August 2015 with Karnataka to cooperate, support, collaborate, and advice the state and its various local bodies on unlocking the full potential of the Swachh Bharat mission, creating a holistic approach towards creating techno-economic solutions, implementing expertise, policy advisory, consulting, capacity building, and creating awareness in the areas of solid waste management, waste water, and sewerage problems. The MoU was signed in presence of the Chief Minister and Ambassador Stoelinga.
Waste 2 Value consortium
Maharashtra government had requested the Waste 2 Value consortium to help find a solution to the waste crisis in the state. NexusNovus, as a representative of Waste 2 Value consortium, entered into a memorandum of understanding (MoU) in May 2015 to conduct a study on the various Municipal Solid Waste (MSW) processing technologies that could be suitable for Maharashtra. The MoU was signed in the presence of Prime Minister Rutte (Netherlands) and Ambassador Stoelinga.
Dutch waste management industry
In May 2015, NexusNovus was hired to represent the Dutch waste management industry by the Ministry of Economic Affairs and the Embassy of the Netherlands to assess the feasibility of various Dutch-based waste-to-energy technologies for India
Our Customers
