Waste Management Company Secures EPC Contract for CBG Project in Madhya Pradesh
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The company has a market cap of Rs 209 crore and the stock is up by 16 per cent from its 52-week low of Rs 211.75 per share.
Organic Recycling Systems (ORSL) has secured a significant EPC contract from Shreyam Manek Agro Products Pvt Ltd to construct an integrated Compressed Bio-Gas (CBG) and biofertilizer facility in Damoh, Madhya Pradesh. Valued between Rs 50 crore and Rs 100 crore, the project is designed to process agro-feedstock into 10 tons per day (TPD) of CBG as part of a modern, large-scale gaushala. ORSL’s involvement goes beyond Construction, encompassing equity participation and full end-to-end execution—from detailed engineering and technology integration to the supply and commissioning of critical equipment.
This initiative marks the beginning of a broader strategic rollout, with plans to deploy ten similar integrated projects across Madhya Pradesh over the next three years, totalling an investment of Rs 500–600 crore. By bridging the gap between agriculture and renewable energy, the facility aims to enhance regional resource efficiency and promote a circular economy. This project underscores ORSL’s specialised expertise in delivering scalable, high-performance infrastructure that supports India’s energy transition while providing measurable economic and environmental value to local stakeholders.
About the Company
Organic Recycling Systems Limited (ORS), established in 2008 by technocrats, is a pioneering engineering firm specialising in comprehensive and eco-friendly waste management solutions across the entire value chain. Leveraging its patented anaerobic biogasification technology, recognised nationally, ORS operates India's premier Waste to Energy plant and a Municipal Solid Waste processing plant in Solapur, converting waste into energy and compost. Recognised for its best practices under the Swachh Bharat Mission and operating through project development, product and consulting verticals, ORS continues to innovate and expand its impact through ongoing R&D and intellectual property development.
On Friday, shares of Organic Recycling Systems Ltd jumped 4.43 per cent to Rs 245.40 per share from its previous closing of Rs 235 per share with a Spurt in Volume by more than 1.40 times on the BSE. The company has a market cap of Rs 209 crore and the stock is up by 16 per cent from its 52-week low of Rs 211.75 per share.
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