Investment opportunities

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Investment opportunities

As a project developer, NexusNovus has been able to acquire several concessions based on either tenders or nomination. Our in-house sophisticated simulation and analysis models have allowed us to significantly reduce risks in our projects and thus avoid making the mistakes made by our peers. We work WITH waste, instead of against it.

Municipal Solid Waste (MSW) contains a large fraction of organic waste that is not suitable for standard incinerator technologies. Keeping this in mind, we have adapted the technology to use the organic fraction to produce Compressed Natural Gas (CNG) and use the combustible fraction to generate power through gasification. This enables us to achieve lower levelized costs and a much lower risk structure.

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50MWh

Pipeline

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NEXUSNOVUS
Waste Management Crisis in India

India faces a colossal waste management crisis due to lack of efficient waste management solutions, and this creates serious social, health, and environmental issues. As cities continue to urbanise and citizens adopt a more western lifestyle, the crisis only grows.

Several issues contribute to this. The current (road) infrastructure cannot handle the logistics, local banks do not finance projects and incineration, the default technology for most of the current or planned projects is not adequate to process typical Indian waste.

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NEXUSNOVUS
Characteristics of Indian Waste
Municipal solid waste dumped at landfills in India typically consists of the following:

60% organics,
20%–30% combustibles,
10%–20% inert materials like glass, and
a negligible amountof recyclable materials like high-end plastics and metals.
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NEXUSNOVUS
Incineration Troubles vs Gasification

Indian waste has extremely low calorific value due to high levels of organic matter, which includes mostly waterand inert materials like sand. Sand and water do not combust well. Furthermore, the composition of Indian waste fluctuates dramatically on a day-to-day basis, making incineration even harder to control.

Due to this, waste processing plants struggle to run at 60%–70% of their designed thermal output, and often require additional fuels like Liquefied Petroleum Gas (LPG) or Compressed Natural Gas (CNG) to be expended. Incinerating Indian waste is like running a car on unrefined oil.

Our Solutions for Waste Management Projects

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Fool proof

Indian and African waste are highly heterogenic and fluctuate drastically from day-to-day. Our systems are specifically designed to manage this heterogeneity and treat the two main energy carrying components independently by using a combination of sorting, gasification, and biomethanisation.

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Modular

Every sub-system of the plant is modular, thus allowing us to build in phases, never to over-extend, and run a plant even on lower capacity, offering significant financial risk reduction options.

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Future proof

The various modules can also be upgraded individually. Three consortia have been formed to tackle the biggest issues head on: ‘Thermal Solutions for combustibles’, ‘Nutrient recovery and power generation for organic fractions’, and ‘Simulation, AI/ML and IIoT implementation’.

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Reduced Risks

Our fool proof and modular design strategies are the pillars of our solution that allows us to drastically de-risk our projects, effectively generating an annuity model with steady returns.

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GET TO KNOW YOUR WASTE AND MARKET

Financials of Bangalore Project

Brief details on the project A Concession Agreement (CA) for up to 1000 TPD (tons per day) is signed, 30-acre land is allocated and a PPA for 7.08 INR per kWh has been acquired. In addition, a memorandum of understanding (MoU) for INR 46 per kg for bio-CNG can be signed as per SATAT policy.
Estimated project cost INR 295.75 Crores (EUR 37 Million)
Techno-Economic Viability Project Internal Rate of Return (IRR): 16.70%
Equity IRR: 25.86%
Net Present Value: INR 115.4 Crores (EUR 14.4 Million)
Debt Service Coverage Ratio (DSCR): 1.24
Proposed D/E (debt-to-equity) ratio 1.83:1
Equity: INR 44.36 Crores (EUR 5.5 Million)
LT (long-term) Debt: INR 251.39 Crores (EUR 31.4 Million)
GET TO KNOW YOUR WASTE AND MARKET

Portfolio of projects/project pipeline

  • W2E (waste to energy) Bangalore is one of many projects in the pipeline developed by NexusNovus. NexusNovus has been granted concessions in six projects, which together represent more than 50MWh in renewable energy.
  • The portfolio can be extended with ‘turn-around projects’ and fresh tenders that NexusNovus and partners qualify. It is estimated that there are between 50-100 potential ‘turn-around projects’ in India and South Africa alone, which are currently stuck due to lack of funds, technology, or promotor skill-sets.
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GET TO KNOW YOUR WASTE AND MARKET

Signing ceremonies

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A memorandum of understanding (MoU) was signed between Netherlands’ PPP ‘Waste 2 Value’ Consortium, headed by NexusNovus, and the state of Maharashtra. From left to right: Ambassador Mr. Stoelinga, Prime Minister of the Netherlands Mr. Rutte, and Consul General Mr. van Leeuwen (from left to right).

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Foundation Stone Laying Ceremony

From right to left: Mr. Khan, Commissioner (Bangalore); Mr. Rutger de Bruijn, CEO NexusNovus;Mr. George, Minister of Bangalore;Mr. Raj, Mayor; Dr. B R Shetty, billionaire investor; and Mr. Shivakumar, Minister of Energy, in the presence of Attaché Mr. Beerepoot, Embassy of the Netherlands (not in the picture).

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A memorandum of understanding (MoU) was signed between Netherlands’ PPP ‘Waste 2 Value’ Consortium, headed by NexusNovus, and the state of Karnataka, in presence of Chief Minister Siddaramaiah, Minister of Bangalore George, and Ambassador Mr. Stoelinga.

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A memorandum of understanding (MoU) was signed between the Netherlands’ PPP ‘Waste 2 Value’ Consortium, headed by NexusNovus, and the state of Himachal Pradesh, in the presence of Cpt Pathania, Director HP Ministry of Urban Development.

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Announcement by Principal Secretary, Ministry of Urban Development of Empanelment of NexusNovus with MoUD at a seminar organised by Netherlands’ PPP ‘Waste 2 Value’ Consortium, headed by NexusNovus.

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Bilateral meeting between Netherlands delegation (organised by the Embassy of the Netherlands) with Andhra Pradesh. Left to Right: Mr. N. Chandrababu Naidu, Chief Minister of Andhra Pradesh and Mr. Rutger de Bruijn, CEO NexusNovus.

GET TO KNOW YOUR WASTE AND MARKET

Contract snapshots

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Recommendation letter by Netherlands’ Embassy in relation to Netherlands’ PPP ‘Waste 2 Value’ Consortium, headed by NexusNovus.

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Empanelment by MoUD

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Letter of Acceptance by billionaire Dr. BR Shetty, chairman and director to the SPV NNC Bangalore Waste to Energy Pvt Ltd(Nexusnovus group).

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Concession Agreement between Bangalore Municipality and NNC Bangalore Waste to Energy Pvt Ltd(Nexusnovus Group).

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Power Purchase Agreement Kurnool Municipality – Greenade Waste to Energy Pvt Ltd(Nexusnovus group)

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Concession Agreement Kurnool Municipality-Greenade Waste to Energy Ltd(Nexusnovus group)

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