Corporate Actions

Organic Recycling Systems jumps 1.64% as subsidiary wins Rs 350-500 crore BPCL contract

16-Oct-26   09:24 Hrs IST

Organic Recycling Systems Ltd. is currently trading at Rs 205.1, up 1.64%, while the stock has declined 0.19% over the last one week.

Organic Recycling Systems Limited announced that its wholly-owned subsidiary, Solapur Bioenergy Systems Private Limited (SBESPL), has secured a fifth large-scale contract from Bharat Petroleum Corporation Limited (BPCL) for Rs 350-500 crore, focused on the Engineering, Procurement, Construction, Operation, and Maintenance (EPCOM) of a compressed biogas (CBG) plant in Bhilai, Chhattisgarh. The contract, classified as a *Large-scale Contract*, will be executed over 15 months, including a three-month performance guarantee testing period, followed by five years of operation and maintenance. This project expands SBESPL’s bioenergy project development and EPCOM business and contributes to India’s renewable energy objectives.

Trading volume totaled 18900 shares today, a decrease of 75.0% compared to the one-week average volume. Organic Recycling Systems Ltd edged up by 17.87% year-over-year, outperforming the 9.19% loss registered by the NIFTY50 index.

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