Organic Recycling Systems: ₹92.41 Cr EPCOM Contract for CBG Plant
Organic Recycling Systems Limited (ORSL), through its wholly owned subsidiary Solapur Bioenergy Systems Private Limited (SBESPL), has secured a significant Engineering, Procurement, Construction, Operation and Maintenance (EPCOM) contract from Bharat Petroleum Corporation Limited (BPCL). The contract, valued at ₹92.41 crore including GST, is for setting up an Organic Municipal Solid Waste based Compressed Bio-Gas (CBG) Plant in Kozhikode, Kerala. This marks ORSL's third EPCOM contract win from BPCL within a week, bringing the cumulative value of these recent awards to ₹259.71 crore. The project includes a 15-month EPC execution period followed by a 5-year O&M mandate, contributing to an estimated 15 cumulative plant-years of contracted revenue.
Key Highlights
- SBESPL secures ₹92.41 Cr EPCOM contract from BPCL for a CBG plant in Kozhikode.
- This is ORSL's third BPCL contract win in a week, totaling ₹259.71 Cr.
- Contract includes 15 months for EPC and 5 years for O&M.
- Expands ORSL's CBG platform into Kerala, adding to existing projects in Karnataka and Chhattisgarh.
Price Impact
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