Solapur Bioenergy Systems bags fourth BPCL compressed biogas EPCOM order

SBESPL will build and manage municipal solid waste-based Compressed Biogas (CBG) plants across four locations

Solapur Bioenergy Systems Private Limited (SBESPL), a wholly owned subsidiary of Organic Recycling Systems Limited, has secured a fourth major Engineering, Procurement, Construction, Operation and Maintenance (EPCOM) contract from Bharat Petroleum Corporation Limited (BPCL).

Under this new agreement, SBESPL will build and manage municipal solid waste-based Compressed Biogas (CBG) plants across four locations: Mysuru (Karnataka), Raipur (Chhattisgarh), Kozhikode (Kerala), and Hubli (Karnataka). Together, these facilities will deliver a combined processing capacity of approximately 20 tonnes per day (TPD) of CBG.

Pankaj Tanwar, CEO - Bioenergy, Organic Recycling Systems Limited, said: "India's CBG sector needs more plants on the ground, not just more letters of intent, and these four BPCL awards are about converting that opportunity into commissioned capacity. Each project takes us through the full lifecycle, from engineering and construction to five years of operations and maintenance, which is exactly the kind of accountability the sector needs from its developers. As government schemes like SATAT and GOBARdhan continue to support the industry, we see a significant opportunity for companies with proven execution capability to scale alongside it."

Jigar Gudka, Chief Financial Officer, Organic Recycling Systems Limited, said: "The EPCOM structure is deliberately different from a plain-vanilla EPC contract. Once these plants move into their five-year O&M phase, that revenue is contracted and annuity-like, rather than tied to the ups and downs of a single construction cycle. As more of our portfolio shifts from build to operate, we expect that to translate into materially better EBITDA visibility - which matters in a sector where a lot of capacity is still stuck between LOI and commissioning."

ORSL recently renewed its O&M contract with IOCL for a separate CBG plant in Gorakhpur, establishing operational relationships with two of India’s top state oil marketing companies. While the company’s overall scale remains modest compared to India's vast national targets—its four new BPCL facilities add less than 20 TPD against a nationwide deficit of thousands—these contracts highlight the specific players successfully transitioning India's CBG pipeline from paper commitments into active, commissioned capacity.