EP Biocomposites Secures INR 1.25 Crore Contract for ONGC's Goa Convention Center

EP Biocomposites Limited has clinched a significant contract worth INR 1.25 crore for a state-of-the-art sewage treatment plant at Oil and Natural Gas Corporation Limited's (ONGC) upcoming convention center in Goa. This development marks another milestone in the company's growing portfolio of projects for the Indian oil giant.

Contract Details

The work order, valued at INR 12,508,826.00, was awarded to EP Biocomposites by Shree Riddhi Siddhi Buildwell Limited. The scope of work includes:

• Designing
• Supplying
• Installing
• Testing
• Commissioning

The project involves a 225 KLD capacity Modular Sewage Treatment Plant utilizing MBBR (Moving Bed Biofilm Reactor) Technology. This advanced system will serve ONGC's Convention Center, which is set to become the largest in Goa, capable of accommodating over 5,000 delegates.

Project Significance

This contract is part of the development of ONGC's prestigious Convention Center project. Upon completion, it will stand as Goa's largest convention facility, significantly boosting the state's capacity to host large-scale events and conferences.

Execution Timeline

According to the company's disclosure, the project is scheduled for completion by February 2026, aligning with ONGC's vision for a world-class convention facility.

Company's Track Record

EP Biocomposites emphasized that this contract represents another repeat order from ONGC. The company stated, "We are proud to have been receiving repeat orders & delivering multiple successful projects for ONGC in time bound fashion." This statement underscores EP Biocomposites' consistent performance and growing relationship with the oil corporation.

Financial Implications

While the company noted that this award is in the ordinary course of business, the contract value of INR 1.25 crore is significant. It demonstrates EP Biocomposites' capability to secure and execute projects for major clients like ONGC, potentially contributing to the company's revenue stream and market position in the environmental solutions sector.

Conclusion

This contract win for EP Biocomposites not only strengthens its partnership with ONGC but also showcases its expertise in providing advanced sewage treatment solutions. As the project progresses, it will be interesting to observe how this contributes to the company's growth trajectory and its role in supporting infrastructure development in Goa.