StockWatch
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Waste Management
Deals8 Sept 2026, 08:36 am

Organic Recycling Systems Subsidiary Secures ₹167.3 Cr BPCL Contracts

AI Summary

Organic Recycling Systems Limited's wholly-owned subsidiary, Solapur Bioenergy Systems Private Limited (SBESPL), has secured two Engineering, Procurement, Construction, Operation and Maintenance (EPCOM) contracts from Bharat Petroleum Corporation Limited (BPCL). These contracts are for setting up Compressed Bio-Gas (CBG) plants at Mysore, Karnataka, and Raipur, Chhattisgarh. The total value of these contracts is ₹167.30 crore. The Mysore project is valued at ₹85.56 crore and the Raipur project at ₹81.73 crore. Both projects involve setting up organic municipal solid waste-based CBG plants and include a 15-month execution period followed by 5 years of operation and maintenance. This development is expected to add approximately 9.8 tonnes per day of CBG capacity.

Key Highlights

  • Subsidiary SBESPL secures two EPCOM contracts from BPCL.
  • Total contract value aggregates to ₹167.30 crore.
  • Projects involve setting up CBG plants in Mysore and Raipur.
  • Contracts include 15 months of construction and 5 years of O&M.