Green Mandate: EP Biocomposites Secures Rs 2.84 Crore STP Contract in Goa

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EP Biocomposites Ltd has been awarded a contract worth Rs 28.4 million for the supply and installation of 100 KLD (kilolitres per day) sewage treatment plants (STPs) in Goa. The order reinforces the company’s growing presence in India’s decentralized wastewater treatment segment and aligns with its mission to deliver sustainable sanitation infrastructure.

Key Highlights From the Contract

- The project involves design, supply, installation, and commissioning of 100 KLD STPs using bio-digester technology
- The contract is valued at Rs 2.84 crore and is expected to be executed over the next two quarters
- The STPs will serve residential and institutional clusters, supporting Goa’s clean water and sanitation goals
- The systems are based on DRDO-licensed anaerobic digestion technology, enabling energy-efficient, off-grid operation
- The order was secured through competitive bidding and reflects growing demand for modular, low-footprint treatment solutions

Strategic Context and Market Positioning

- EP Biocomposites has been expanding its footprint in Goa and Karnataka, with a focus on bio-toilets, FRP tanks, and STPs
- The company’s revenue has grown from Rs 2.95 crore in FY21 to Rs 11.44 crore in FY24, driven by sanitation infrastructure contracts
- This order adds to a robust pipeline of municipal and institutional projects in western India
- The company is also exploring export opportunities and partnerships for technology transfer

Sources: BSE India, EP Biocomposites Ltd regulatory filings, MoneyWorks4Me, Screener.in, Tiare Consilium IPO Report, Trendlyne, Economic Times Markets, Goa Infrastructure Tracker