ORSL Secures Large EPC Contract for 10 TPD CBG Project in Madhya Pradesh

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AuthorSimar Singh|Published at:
ORSL Secures Large EPC Contract for 10 TPD CBG Project in Madhya Pradesh
Overview

Organic Recycling Systems Limited (ORSL) has landed a significant large-scale EPC contract from Shreyam Manek Agro Products Pvt. Ltd. for an integrated Compressed Bio-Gas (CBG) and biofertilizer project in Damoh, Madhya Pradesh. This deal, part of ORSL's ambitious ₹500-600 Cr plan for 10 such projects in MP over three years, underscores the company's expanding role in India's renewable energy sector and its engagement in state-led energy transition initiatives.

Organic Recycling Systems Limited Secures Major EPC Contract for Integrated CBG and Biofertilizer Project in Madhya Pradesh

Organic Recycling Systems Limited (ORSL) has announced a substantial EPC contract win for an integrated Compressed Bio-Gas (CBG) and biofertilizer project in Damoh, Madhya Pradesh, with a planned outlay of ₹500-600 Cr for 10 such projects across the state.

Reader Takeaway: EPC win bolstered by MP's bioenergy push; project scale-up and execution remain key.

What just happened (today’s filing)

Organic Recycling Systems Limited (ORSL) has secured a large-scale Engineering, Procurement, and Construction (EPC) contract from Shreyam Manek Agro Products Pvt. Ltd. for an integrated Compressed Bio-Gas (CBG) and biofertilizer project in Damoh, Madhya Pradesh.

ORSL will not only handle the complete EPC execution but also participate in equity for the facility, which is designed to produce 10 Tonnes Per Day (TPD) of CBG.

This project is part of ORSL's broader strategic plan to deploy 10 similar integrated projects across Madhya Pradesh over the next three years, with a total projected outlay of ₹500-600 Crore.

Why this matters

This contract signifies ORSL's growing capability to execute complex, state-of-the-art renewable energy projects. It aligns with the company's strategy to capitalize on India's burgeoning bioenergy sector and the government's push for cleaner energy sources.

The collaboration with Shreyam Manek Agro Products, a new entrant focused on agro-tech and green energy in the region, highlights ORSL's role as a key technology and execution partner for emerging players.

Furthermore, the initiative directly supports Madhya Pradesh's Biofuels Policy 2025, aiming to enhance regional resource efficiency and contribute to India's ambitious energy transition goals.

The backstory (grounded)

ORSL, an environmental engineering company founded in 2008, has been actively expanding its footprint in the bio-CNG and waste-to-energy space. The company has previously secured significant EPC orders, including a ₹50 crore contract for a 5 TPD CBG project in Rajasthan.

It has also formalized collaborations through MoUs with entities like Indraprastha Gas Limited for joint CBG project development. ORSL has a history of project execution, having completed a 100 TPD waste processing plant for Kalyan Dombivali Municipal Corporation.

Madhya Pradesh is actively promoting biofuels, with its Biofuels Policy 2025 offering incentives like capital subsidies and streamlined land access for CBG projects. The client, Shreyam Manek Agro Products, incorporated in May 2025, is strategically positioned in MP to leverage these policies and develop an integrated agro-tech ecosystem.

What changes now

  • Enhanced Revenue Visibility: The contract provides ORSL with a significant order, boosting its revenue pipeline and project execution capabilities.
  • Strengthened Market Position: This large-scale project solidifies ORSL's standing as a key EPC provider in India's rapidly growing CBG sector.
  • Strategic Equity Stake: ORSL's equity participation in the project offers potential for long-term value creation beyond EPC services.
  • Contribution to Regional Development: The project contributes to Madhya Pradesh's target of establishing biofuel plants and promoting sustainable energy.
  • Diversified Client Base: Partnering with a new agro-product company expands ORSL's client profile in the renewable energy space.

Risks to watch

Forward-looking statements within the company's disclosures are subject to inherent risks and uncertainties, including government actions, local economic developments, and technological changes, which could impact actual results [Filing].

Execution of large-scale EPC projects carries inherent complexities, including potential delays, cost overruns, and regulatory hurdles that need to be effectively managed for successful project completion.

Peer comparison

ORSL operates in a competitive landscape. Peers in waste management and processing include Antony Waste Handling Cell Limited and Urban Enviro Waste Management Ltd..

In the specialized CBG EPC segment, competitors include companies like Canex Techno Nagpur, KPO Group, and Enviropol Engineers, who also offer turnkey solutions for biogas plants. ORSL differentiates itself through its integrated approach and equity participation model.

Context metrics (time-bound)

  • The company plans an investment of ₹500-600 Cr towards the development of 10 integrated CBG and biofertilizer projects in Madhya Pradesh, estimated to be executed over the next three years (FY26–FY29).
  • Each project is slated to have a CBG production capacity of 10 Tonnes Per Day (TPD).

What to track next

  • Project Milestones: Monitor the progress of the EPC execution and equity investment for the Damoh project.
  • Expansion Rollout: Track the company's ability to secure and commence work on the remaining nine projects planned in Madhya Pradesh.
  • Financial Performance: Observe how this large contract translates into ORSL's revenue and profitability in upcoming financial results.
  • New Contract Wins: Keep an eye on further EPC contract announcements from ORSL in the bioenergy sector.
  • Client Collaboration: Assess the long-term success and scalability of the partnership with Shreyam Manek Agro Products.
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