Organic Recycling Systems Ltd
Organic Recycling Systems: subsidiary wins Rs. 50-100 Crore BPCL CBG contract
ORDERS
▲ Positive Development
LOW RISK
📅 Filed on BSE: 16 Oct 2026, 08:31 AM IST · BSE ID: 8752b344-eb26-4ddb-af58-be63d7cb4ea7
View Original BSE Filing (PDF)
💡
In Simple Terms
Organic Recycling's subsidiary has won a significant contract from BPCL to build and operate a biogas plant in Chhattisgarh.
🤖 AI Summary
- Subsidiary Solapur Bioenergy Systems won a Rs. 50-100 Crore EPCOM contract from BPCL.
- Contract is for setting up an organic municipal solid waste-based CBG plant.
- Project is located in Bhilai, Chhattisgarh, and includes operation and maintenance.
- This is the fifth large-scale contract secured by the subsidiary from BPCL.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Contract Value Category
Rs. 50-100 Crore
Number of Contracts from BPCL
05th
🏢 How This Affects the Company
This contract expands the company's project pipeline and reinforces its relationship with a major public sector undertaking like BPCL for waste-to-energy projects.
The order value places it in the Rs. 50-100 Crore bracket, contributing to future revenue streams upon execution.
It will necessitate resource allocation for engineering, procurement, construction, and ongoing operations of the CBG plant.
👥 What This Means For Shareholders
✅
Action Required
No immediate action is required by shareholders based on this disclosure.
👤
Who Is Affected
All shareholders are affected by developments that contribute to the company's order book and future revenue potential.
🔍
Management Signal
This indicates management's continued focus on securing large-scale waste-to-energy projects and strengthening ties with national oil companies.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Announcement of project commencement date.
Progress updates on construction and commissioning.
Financial results disclosing revenue recognition from this contract.
LOW RISK
Order win from a PSU mitigates counterparty risk; standard project execution risks apply.
💡 Investor Takeaway
Organic Recycling's subsidiary secured a large-scale EPCOM contract from BPCL for a CBG plant in Chhattisgarh, valued between Rs. 50-100 Crore. This marks the fifth such contract from BPCL.
⚖️ Strengths & Concerns
✅ Positives
- Secured a large-scale EPCOM contract for a CBG project from Bharat Petroleum Corporation Limited.
- This represents the fifth significant contract awarded to the subsidiary by BPCL for similar projects.
📅 Company Track Record
Organic Recycling Systems Limited, through its subsidiary Solapur Bioenergy Systems Private Limited, has previously secured four large-scale EPCOM contracts for CBG projects from Bharat Petroleum Corporation Limited.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What is the value of the EPCOM contract secured by Organic Recycling's subsidiary from BPCL?
The contract is classified as 'Large-scale', with an estimated value between Rs. 50 Crore and Rs. 100 Crore.
Which subsidiary of Organic Recycling Systems secured the BPCL contract?
Solapur Bioenergy Systems Private Limited (SBESPL), a wholly owned subsidiary of Organic Recycling Systems Limited, secured the contract.
What is the scope of the contract awarded by BPCL?
The contract is for Engineering, Procurement, Construction, Operation and Maintenance (EPCOM) of an organic municipal solid waste-based Compressed Biogas (CBG) plant.
Where will the CBG plant be located?
The CBG plant will be located at Bhilai, Chhattisgarh.
Questions based on this BSE filing only. For information purposes.