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HISTORY
Sunward from the Start
Nuetech commands a rich
heritage in the non-conventional energy
industry with its origin in
the very nascent days of solar thermal business
in India. The company’s legacy dates
back to 1988 when it originated as a partnership
firm by 4 young and technically qualified
entrepreneurs, for production of a portable,
fuel-saving variety of wood-burning cookstove,
called Improved portable Chulha. This product
had been designed by the Central Power Research
Institute at Bangalore, and the Ministry
of New and Renewable Energy (MNRE) of the
Government of India had recognized it and
implemented it at the grassroots level under
an exclusive National Programme of Improved
Chulhas (NPIC), with an offer of 75% subsidy
to the beneficiaries. From 1988 to 1992,
the firm delivered a good number of these
cookstoves in south India under the brand
name Nucifera and notched considerable growth
at its very start.
Meanwhile, the promoters
of the firm spotted a sunrise industry in
their own growth sector: solar energy. The
gravitation was too hard to resist and thus
they floated Nuetech Systems in 1992, leveraging
their proven expertise in non-conventional
energy - a logical transition indeed! The
partners of Nuetech thus turned into partners
in India’s movement for renewable
energy, with high business ambitions and
a high spirit of concomitant national service.
Exciting Evolution
From Chulha to Flat Plate
to Evacuated Tube to BOOT & CDM, Nuetech
has come a long way from its humble beginnings
and is today one of the top-league players
in the competitive solar thermal industry
of India. It offers a bundle of solar thermal
solutions comprising a diverse range of
products & components and a broad base
of services. It employs over100 people and
supports a whole “Nuetech family”
of employees, dealers, vendors and other
stakeholders, and enjoys the satisfaction
of thousands of customers across India.
Today, Nuetech presents
not only astonishing business growth curves,
but also a brilliant profile of technology
triumphs, product developments, quality
achievements, infrastructure enhancements
and market penetrations. It has won major
accreditations and approvals, as well as
prestigious awards
for its innovative products and imaginative
services, and is rated high in the OE and
vendor circles.
Nuetech owes this exciting
track record to the exceptional dedication
of the Nuetech family members and the promoters’
futuristic vision. With dramatic changes
happening on the global energy and environmental
scenario, particularly in the solar segment,
and with its own rising competence levels,
the company looks forward to remarkably
sunny days in serving society with a very
basic amenity and a direly needed source
of energy.
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