BSECompany Update4d ago · 16 Oct 2026, 08:31 am

Solapur Bioenergy Systems Private Limited, Wholly Owned Subsidiary of Organic Recycling Systems Limited secures 05th Large Scale Contract for CBG Project from BPCL in Chhattisgarh.

Organic Recycling Systems Ltd · 543997

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Organic Recycling Systems Ltd's wholly owned subsidiary, Solapur Bioenergy Systems Private Limited, has secured a large-scale contract from Bharat Petroleum Corporation Limited for a CBG project in Chhattisgarh, marking the company's 5th such contract.

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Growth Catalyst9/10
Governance Concern1/10
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Liquidity Impact9/10
Market Sentiment9/10

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Organic Recycling Systems Ltd - 543997 - Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order

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October 16, 2026 BSE Limited Department of Corporate Services Listing Department, P. J. Towers, Dalal Street, Mumbai – 400001 Scrip Code: 543997 Subject: Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Dear Sir/Madam, Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”), read with SEBI Circular No. SEBI/HO/CFD/CFD-PoD- 1/P/CIR/2023/123 dated July 13, 2023 and the applicable Industry Standards on Regulation 30, we wish to inform you that Solapur Bioenergy Systems Private Limited (“SBESPL”), a Wholly Owned Subsidiary of Organic Recycling Systems Limited (the “Company”), has secured 05th *Large-scale Contract from Bharat Petroleum Corporation Limited (“BPCL”) for Engineering, Procurement, Construction, Operation and Maintenance (EPCOM) of an organic municipal solid waste-based Compressed Biogas (CBG) plant at Bhilai, Chhattisgarh. The details required under Regulation 30 of the Listing Regulations, read with the applicable SEBI Circular, are enclosed as Annexure A. A copy of the Press Release being issued by the Company in this regard is enclosed as Annexure B. This intimation is also being made available on the website of the Company at https://organicrecycling.co.in/ . You are requested to kindly take the above on record. For Organic Recycling Systems Limited Manoj Kumar Company Secretary and Compliance officer Membership No. A56992 *Order/Contract Classification: Classifications Big-scale Large-scale Major-Scale Value (INR Cr) Up to Rs. 50 Crore Rs. 50-100 Crore Rs. 100 Cr and Above Organic Recycling Systems Ltd Registered / Corporate Address: 1003, The Affaires, Plot No.19, Sector-17, Sanpada, Navi Mumbai – 400705. Tel: + 91 22 4170 2222 Fax: +91 22 4170 2200 22 00 | www.organicrecycling.co.in | info@organicrecycling.co.in CIN L40106MH2008PLC186309 Annexure A (Details pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with the applicable provisions of Schedule III) Sr. Particulars Details 1 Name of the entity to which Bharat Petroleum Corporation Limited (BPCL). order(s)/contract(s) is awarded 2 Whether order(s) / contract(s) is Domestic awarded to domestic/ international entity 3 Significant terms and conditions of Solapur Bioenergy Systems Private Limited order(s)/contract(s) awarded, in (SBESPL), a wholly owned subsidiary of the brief Company, has secured an EPCOM contract from Bharat Petroleum Corporation Limited (BPCL) for setting up an organic municipal solid waste-based CBG plant at Bhilai, Chhattisgarh. The contract shall be executed in accordance with the terms and conditions stipulated in the Letter of Acceptance and applicable tender documents. 4 Time period, if any, associated with The Commissioning shall be completed within the order(s)/contract(s); 15 months from the date of Letter of Acceptance (LOA). The PGTR shall be completed within Three (3) months from the date of Commissioning or Eighteen (18) months from the date of Letter of Acceptance (LOA). Followed by 5 years of O&M from commissioning 5 Broad commercial consideration or *Large-Scale Contract size of the order(s)/contract(s); 6 Whether the promoter/ promoter NO group/group companies have any interest in that entity to whom the order(s)/contract(s) is awarded? If Yes, nature of interest and details thereof 7 Whether the same would fall within NO related party transactions? If yes, whether the same is done at “arm’s length Organic Recycling Systems Ltd Registered / Corporate Address: 1003, The Affaires, Plot No.19, Sector-17, Sanpada, Navi Mumbai – 400705. Tel: + 91 22 4170 2222 Fax: +91 22 4170 2200 22 00 | www.organicrecycling.co.in | info@organicrecycling.co.in CIN L40106MH2008PLC186309 PRESS RELEASE Solapur Bioenergy Systems Pvt. Ltd, Wholly Owned Subsidiary of Organic Recycling Systems Secures 5th *Large-Scale EPCOM Contract for CBG Project from BPCL in Chhattisgarh, Taking the cumulative BPCL order book to ₹350-500cr Mumbai, October 16, 2026: Organic Recycling Systems Limited (“ORSL”), through its Wholly Owned subsidiary, Solapur Bioenergy Systems Private Limited (“SBESPL”), has secured 05th Contract from Bharat Petroleum Corporation Limited (BPCL) for the Engineering, Procurement, Construction, Operation and Maintenance (EPCOM) of Organic Municipal Solid Waste (OMSW)- based Compressed Bio-Gas (CBG) plant at Bhilai, Chhattisgarh. The contract encompasses the comprehensive development of the CBG facility, including project management, licensing, basic and detailed engineering, procurement, construction, fabrication, transportation, installation, testing, statutory approvals, commissioning and performance guarantee testing. This order represents a significant milestone in SBESPL’s expanding Bioenergy Project Development and EPCOM business. The project strengthens the Company’s capabilities in delivering integrated waste-to-energy infrastructure, combining engineering, process technology, plant execution and long-term operations and maintenance. The proposed facility will process organic municipal solid waste to produce compressed biogas, supporting the conversion of urban waste into a useful energy resource. Such projects contribute to scientific waste management, resource recovery and the development of a circular economy, while supporting India’s broader objectives of renewable energy adoption and reduced dependence on conventional fossil fuels. Commenting on the development Mr. Pankaj Tanwar, CEO – Bioenergy of ORSL, said: “This project represents an important opportunity to demonstrate our capabilities across the EPCOM value chain, from engineering and project execution to commissioning and long-term operations and maintenance. The integrated scope of the contract aligns with our focus on developing reliable and efficient waste-to-energy solutions. We look forward to executing the project in accordance with the contractual requirements and maintaining high standards of safety, quality and operational performance.” With this development, Organic Recycling Systems Limited continues to advance its presence in the bioenergy and waste-to-valorisation sector, leveraging its project execution capabilities and integrated approach to support the development of sustainable energy infrastructure in India. *Order/Contract Classification: Classifications Big-scale order Large-scale order Major-Scale orders Value (INR Cr) Up to Rs. 50 Crore Rs. 50-100 Crore Rs. 100 Cr and Above About Organic Recycling Systems Limited (ORSL) Organic Recycling Systems Limited (ORSL) is a pioneering environmental engineering company specializing in sustainable waste management and valorisation solutions. Established in 2008 by technocrats, ORSL develops and deploys robust, cost-effective, and eco-friendly technologies across the entire waste value chain. The company’s operations span Four strategic business verticals:  Project Development & Technology Licensing – Delivering turnkey projects and technology solutions for waste valorisation.  Product Vertical – Offering a growing portfolio of bio-based products such as CBG, organic manure etc. that support sustainable energy and agriculture.  Consulting Vertical – Providing specialized advisory services in environmental strategy, waste management, and regulatory compliance.  O&M vertical: Provide troubleshooting and complete operation and maintenance services for CBG based as well waste processing facilities. Recognized under the Swachh Bharat Mission for operational excellence and innovation, ORSL is actively pursuing EPC (Engineering, Procurement, and Construction) opportunities nationwide. ORLS’s research and innovation efforts are reinforced through collaborations with esteemed institutions such as IIT Mumbai (IITB), IIT Kharagpur,IIT Roorkee, University of Birmingham (UOB), and other technical partners. These partnerships continue to drive the [Showing first 8,000 characters — download PDF for full document]