Subsidiary wins 5th BPCL CBG plant contract in Chhattisgarh
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
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ORSL's wholly owned subsidiary SBESPL has won a 5th large-scale contract from government PSU Bharat Petroleum Corporation Limited (BPCL) for building an organic municipal solid waste based Compressed Biogas plant at Bhilai, Chhattisgarh. The contract value is in the Rs 50 to 100 crore range. Commissioning is expected within 15 months, followed by 18 months performance testing and 5 years of O&M. Cumulative BPCL order book now stands at Rs 350 to 500 crore.
5th BPCL order lifts cumulative order book to Rs 350-500 crore. Positive for revenue visibility and growth in bioenergy segment.