Company Update

Organic Recycling Systems Ltd has announced that its wholly-owned subsidiary, Solapur Bioenergy Systems Private Limited, has secured two domestic Engineering, Procurement, Construction, Operation and Maintenance contracts from Bharat Petroleum Corporation Limited.

These contracts involve setting up organic municipal solid waste-based Compressed Bio-Gas plants in Mysuru, Karnataka and Raipur, Chhattisgarh.

The Mysuru project is valued at 85.56 Crore, and the Raipur project is valued at 81.73 Crore, bringing the total order value to 167.29 Crore including GST.

Each project includes a 15-month execution period followed by a 5-year operations and maintenance term from commissioning.