Announced Tue, 24 Feb · 08:35 IST

Organic Recycling Systems Secures EPC Contract for CBG Project in Madhya Pradesh

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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Awaiting price reaction for this filing.

AI summary

Organic Recycling Systems Ltd (ORSL) has won an EPC contract from Shreyam Manek Agro Products Pvt. Ltd. to build an integrated Compressed Bio-Gas (CBG) and biofertilizer plant in Damoh, Madhya Pradesh, with a designed output of 10 Tons Per Day of CBG from agricultural feedstock. The contract, classified as a 'large-scale order', covers equity participation along with full engineering, equipment supply, construction, and commissioning, and is part of a larger modern gaushala project. ORSL noted this is the first of 10 similar integrated projects planned across Madhya Pradesh, with a total combined outlay of Rs 500–600 crore over the next 3 years. The company highlighted the deal as validation of its integrated circular-economy approach and growing industry confidence in CBG infrastructure. Management comments from the MD and CEO of the bioenergy vertical emphasised sustainability, energy transition alignment, and engineering execution capability.

Likely market impact

Positive for shareholders — the order adds a sizeable new win to ORSL's EPC order book and signals the start of a multi-project, multi-year pipeline worth Rs 500–600 crore, which could support revenue growth and business visibility. Exact contract value for this individual order was not disclosed in the filing.