Organic Recycling Systems jumped 4.19% to Rs 328 after the company announced that its wholly owned subsidiary Solapur Bioenergy Systems has been awarded an operations and maintenance (O&M) contract by Indian Oil Corporation (IOCL).
The contract pertains to IOCLs 200 tonnes per day (TPD) paddy straw-based compressed biogas (CBG) plant located in Gorakhpur, Uttar Pradesh.
The CBG plant is a key node in IOCLs green energy blueprint. It is expected that the plant will produce significant quantities of clean CBG fuel and nutrient rich organic manure.
ORSL will be responsible for end-to-end O&M services including plant uptime, safety protocols, daily operations, preventive maintenance, and manpower management.
Sarang Bhand, promoter and MD, said: Being selected by IOCL for this project reinforces our belief in purpose-driven growth. It showcases our readiness to deliver industrial-scale projects that are technically complex, socially meaningful, and environmentally necessary.
Organic Recycling Systems (ORS) is an environmental engineering company specializing in sustainable waste management and valorisation solutions.
Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
