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CRISIL Rating

   Crisil in collaboration with Bereau of Energy Efficiency,Ministry of Power, Government of India has assigned a "CRISIL-BEE Grade 3" to EPIC Energy Limited, which indicates Good ability of the graded energy service company to undertake energy efficiency projects.

Strengths:

n Energy saving portfolio supports the company's business profile.

n Judiciously managed acquisition-led growth strategy.

ESCO Related Business:

n Four year in ESCO related activities.

n Most of the staff experienced in the energy services field.Second line of management is experienced and qualified.

n The energy services business is limited to mainly lighting,some presence in HVAC.

n EPIC Energy's largest customers are municipalities(Navi Mumbai,Madurai and Thane); these account for about 60.00 percent of revenues, Private sector players account for the remaining 40 percent of revenues.

n The company's geographical reach expands to Maharashtra, Chhattisgarh, Tamilnadu, Gujarat, Andhrapradesh, Kerala, Punjab, Rajasthan, Karnataka, Uttarakhand.

 
 
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