{"id":58326,"date":"2026-08-14T14:59:11","date_gmt":"2026-08-14T09:29:11","guid":{"rendered":"https:\/\/financialtelegraph.in\/index.php\/2026\/08\/14\/organic-recycling-systems-subsidiary-secures-second-om-contract-from-indian-oil-for-gorakhpur-cbg-plant\/"},"modified":"2026-08-14T14:59:11","modified_gmt":"2026-08-14T09:29:11","slug":"organic-recycling-systems-subsidiary-secures-second-om-contract-from-indian-oil-for-gorakhpur-cbg-plant","status":"publish","type":"post","link":"https:\/\/financialtelegraph.in\/index.php\/2026\/08\/14\/organic-recycling-systems-subsidiary-secures-second-om-contract-from-indian-oil-for-gorakhpur-cbg-plant\/","title":{"rendered":"Organic Recycling Systems\u2019 Subsidiary Secures Second O&amp;M Contract from Indian Oil for Gorakhpur CBG Plant"},"content":{"rendered":"<div>\n<p><img loading=\"lazy\" width=\"1200\" height=\"675\" src=\"https:\/\/financialtelegraph.in\/wp-content\/uploads\/2026\/08\/PNN-2026-08-13T185733229.jpg\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"Organic Recycling Systems\" decoding=\"async\"><\/p>\n<p class=\"wp-block-paragraph\"><em>ORSL\u2019s subsidiary, Solapur Bioenergy Systems, has bagged a \u20b915.46 cr two-year O&amp;M contract, boosting its role in India\u2019s CBG sector.<\/em><\/p>\n<p class=\"wp-block-paragraph\"><strong>New Delhi [India], August 13:<\/strong> <strong>Organic Recycling Systems Limited<\/strong>\u00a0<strong>(<a href=\"https:\/\/www.bseindia.com\/stock-share-price\/organic-recycling-systems\/ORSL\/543997\" target=\"_blank\" rel=\"noreferrer noopener nofollow\"><u>BSE: 543997<\/u><\/a>), <\/strong>an integrated CleanTech and decarbonisation platform, is pleased to announce that its wholly owned subsidiary,\u00a0<strong>Solapur Bioenergy Systems Private Limited (SBESPL)<\/strong>, has secured the renewal of its Operations and Maintenance (O&amp;M) contract from\u00a0<strong>Indian Oil Corporation Limited (IOCL)<\/strong>\u00a0for the\u00a0<strong>Gorakhpur Compressed Biogas plant<\/strong>\u00a0in Uttar Pradesh. This marks the second consecutive term for which SBESPL has been entrusted with full O&amp;M responsibility for the facility, underscoring the sustained operational confidence IOCL has placed in ORSL\u2019s subsidiary.<\/p>\n<p class=\"wp-block-paragraph\">The contract is valued at approximately\u00a0<strong>\u20b915.46 crore<\/strong>\u00a0and covers a two-year period commencing\u00a0<strong>August 13, 2026,\u00a0<\/strong>and concluding<strong>\u00a0August 12, 2028<\/strong>. Under the renewed contract, SBESPL will continue to provide end-to-end O&amp;M services for IOCL\u2019s 200 TPD paddy straw-based Compressed Biogas plant,\u00a0encompassing plant operations, preventive and breakdown maintenance, safety compliance, and manpower management.<\/p>\n<p class=\"wp-block-paragraph\">The Gorakhpur CBG plant is a significant facility within IOCL\u2019s green energy portfolio. The plant processes agro-residues including paddy straw, press mud, and cattle dung to produce Compressed Biogas and nutrient-rich organic manure, contributing to India\u2019s energy security, reduction of agricultural stubble burning, and rural livelihood support in Uttar Pradesh.<\/p>\n<p class=\"wp-block-paragraph\">The contract renewal comes at a significant time for India\u2019s compressed biogas sector. Building on the foundation established through the Government of India\u2019s SATAT initiative,\u00a0the recently approved GOBARdhan \u2013 India\u2019s National Unified Scheme for Compressed Biogas \u2013 creates an integrated policy framework to accelerate the development of the CBG ecosystem through measures including assured offtake, stable pricing, capital assistance, pipeline connectivity and access to finance. As an established operations and maintenance partner for one of IOCL\u2019s key CBG facilities, ORSL is well positioned to support the next phase of growth in India\u2019s clean energy and circular bioeconomy sectors.<\/p>\n<p class=\"wp-block-paragraph\">The\u00a0contract\u00a0renewal\u00a0is\u00a0also\u00a0a direct reflection of SBESPL\u2019s operational performance during the preceding contract period. It reinforces ORSL\u2019s standing as a trusted long-term O&amp;M partner for PSU-led clean energy infrastructure and adds to the Company\u2019s portfolio of recurring revenue contracts in the bioenergy sector.<\/p>\n<p class=\"wp-block-paragraph\"><em>\u201cSecuring a second consecutive O&amp;M contract\u00a0from IOCL is a testament to the consistent operational performance delivered by our team at Gorakhpur. It reflects the trust that India\u2019s largest oil and gas PSU continues to place in our capabilities, and strengthens our commitment to supporting India\u2019s\u00a0compressed biogas mission.\u201d<\/em><br \/><strong>\u2014\u00a0Mr. Sarang Bhand,\u00a0Promoter and Managing Director, Organic Recycling Systems Limited<\/strong><\/p>\n<p class=\"wp-block-paragraph\">Commenting on the contract renewal,<strong>\u00a0Mr. Pankaj Tanwar, CEO \u2013 Bioenergy, Organic Recycling Systems Limited,\u00a0<\/strong>said<strong>:<\/strong><\/p>\n<p class=\"wp-block-paragraph\"><em>The renewal of this mandate reflects the importance of consistent execution in operating large-scale compressed biogas facilities. Our focus over the next two years will remain on maintaining high standards of operational disc<\/em><em>ipline, safety, preventive maintenance, and process reliability while ensuring seamless day-to-day plant operations. We look forward to continuing our partnership with Indian Oil and contributing to the efficient operation of one of India\u2019s key CBG assets.<\/em><em>\u201c<\/em><\/p>\n<p class=\"wp-block-paragraph\">This contract adds to ORSL\u2019s growing portfolio of long-term recurring revenue engagements with PSU clients and reinforces its position as a trusted operational partner for India\u2019s CBG infrastructure.<\/p>\n<p class=\"wp-block-paragraph\"><strong>About Organic Recycling Systems Limited<\/strong><\/p>\n<p class=\"wp-block-paragraph\">Organic Recycling Systems Limited<strong> (<a href=\"https:\/\/www.bseindia.com\/stock-share-price\/organic-recycling-systems\/ORSL\/543997\" target=\"_blank\" rel=\"noreferrer noopener nofollow\"><u>BSE: 543997<\/u><\/a>)<\/strong> is an integrated CleanTech and decarbonisation platform founded in 2008 and listed on the BSE SME platform in 2023. The Company holds 2 patents, 5+ proprietary technologies, and maintains active R&amp;D partnerships with IIT Bombay, IIT Kharagpur, the University of Birmingham, and AGH University of Science and Technology, Poland. Further information is available at\u00a0<u><strong><a href=\"http:\/\/www.organicrecycling.co.in\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">www.organicrecycling.co.in<\/a><\/strong><\/u>\u00a0and\u00a0<a href=\"http:\/\/www.bseindia.com\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\"><u><strong>www.bseindia.com<\/strong><\/u><\/a>\u00a0(Scrip Code: 543997).<\/p>\n<p class=\"wp-block-paragraph\"><em>If you object to the content of this press release, please notify us at pr.error.rectification@gmail.com. We will respond and rectify the situation within 24 hours.<\/em><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>ORSL\u2019s subsidiary, Solapur Bioenergy Systems, has bagged a \u20b915.46 cr two-year O&amp;M contract, boosting its role in India\u2019s CBG sector. New Delhi [India], August 13: Organic Recycling Systems Limited\u00a0(BSE: 543997), &hellip; <a href=\"https:\/\/financialtelegraph.in\/index.php\/2026\/08\/14\/organic-recycling-systems-subsidiary-secures-second-om-contract-from-indian-oil-for-gorakhpur-cbg-plant\/\" class=\"more-link\">Read More<\/a><\/p>\n","protected":false},"author":1,"featured_media":58327,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16],"tags":[448],"class_list":["post-58326","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-business","entry"],"_links":{"self":[{"href":"https:\/\/financialtelegraph.in\/index.php\/wp-json\/wp\/v2\/posts\/58326","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/financialtelegraph.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/financialtelegraph.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/financialtelegraph.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/financialtelegraph.in\/index.php\/wp-json\/wp\/v2\/comments?post=58326"}],"version-history":[{"count":0,"href":"https:\/\/financialtelegraph.in\/index.php\/wp-json\/wp\/v2\/posts\/58326\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/financialtelegraph.in\/index.php\/wp-json\/wp\/v2\/media\/58327"}],"wp:attachment":[{"href":"https:\/\/financialtelegraph.in\/index.php\/wp-json\/wp\/v2\/media?parent=58326"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/financialtelegraph.in\/index.php\/wp-json\/wp\/v2\/categories?post=58326"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/financialtelegraph.in\/index.php\/wp-json\/wp\/v2\/tags?post=58326"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}